Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    SR 518 Lisbon, OH 44432

    View on Map
    Claim this Listing
    For Sale
    $1,066,433

    LAND - Lisbon, OH

    Lot size:
    79.00 Acres
    Added:
    Jul 4, 2025
    Days on Market:
    305
    Last Refresh:
    May 4 at 12:06 pm

    Property Features for SR 518

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    22-00176.000
    Lot size
    79.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    4 14 12 W 1/2 SE 1/4 78.995AC MINERAL PARCEL 22-01207.000 1/22/20
    Tax Annual Amount
    979

    We can help!

    Listing Contact
    James S Mills
    James S Mills

    Listing agent James S Mills License #2014001585

    Listing office Berkshire Hathaway HomeServices Stouffer Realty 4030 State Route 43, Ste 204, Fairlawn, OH

    Listing date Jul 4, 2025

    MLS# 5130016 Listing URL

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    78+ Acres: Agricultural/Residential Opportunity

    This 78.995-acre parcel in Columbiana County offers endless potential as an agricultural or residential development opportunity. Currently utilized for crop farming, the level, tillable land provides income while offering the possibility of expansion or the construction of a dream home. The property is suitable for sustainable living, a hobby farm, or a boutique operation, and it also presents development potential with several beautiful homesites. Frontage on SR 518 & Foundry Hill Rd (South) provides access. Williard Run and Brush Creeks meander through the property, attracting wildlife and enhancing its natural charm. A 60.33-acre portion of the land is tillable. The land is currently planted, and the farmer will harvest the current crop. This property is available individually or as part of a larger offering totaling approximately 105.852 acres when combined with adjoining parcels. It's an excellent opportunity for developers, investors or anyone seeking space, privacy and multiple options for use. Any applicable Gas, Oil, Coal, Timber and Mineral Rights are Negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Lisbon
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.810464
    Latitude
    40.706969

    Nearby Similar for Sale

    • $380,000

      Downtown Lisbon Commercial Opportunity

      Commercial property in Lisbon's historic downtown district, formerly a taproom.
      127 N Beaver Street, Lisbon, OH 44432
      View Details
    • $1.00

      Downtown Lisbon Commercial Property Auction

      Prime commercial building in downtown Lisbon offered at auction.
      220 S Jefferson Street, Lisbon, OH 44432
      View Details
    • $235,000
      3,104 SF

      Historical Duplex Investment Opportunity

      Charming duplex with vintage appeal, perfect for investors or homeowners.
      328-330 E Washington Street, Lisbon, OH 44432
      View Details
    • $450,000

      Mixed-Use Investment Opportunity in Lisbon

      Fully occupied mixed-use property with eight income-producing units in Lisbon, Ohio.
      9 S Park Avenue, Lisbon, OH 44432
      View Details
    • $23,400

      Land with City Utilities Available

      2.58 acres in Lisbon, OH with city utilities.
      High Street, Lisbon, OH 44432
      View Details
    • $70,000

      Land For Sale, Lisbon, OH

      7.26 acre land parcel available in Lisbon, Ohio.
      Cream Ridge Road, Lisbon, OH 44432
      View Details
    • $273,000

      Land with Agricultural/Residential Potential

      13.65 acres suitable for farming, residential development, or investment.
      SR 518, Lisbon, OH 44432
      View Details
    • $1,603,583

      105+ Acres Agricultural/Residential Development Land

      105.852 acres suitable for farming, residential development, or investment.
      SR 518, Lisbon, OH 44432
      View Details
    • $26,900

      Land with City Utilities Available

      2.36 acres to build your dream home with city utilities.
      Fairground Road, Lisbon, OH 44432
      View Details
    • $465,000
      2,026 SF

      Downtown Lisbon Commercial Property

      Commercial property in Lisbon's historic downtown district, formerly a taproom.
      127 North Beaver Street, Lisbon, OH 44432
      View Details
    • $178,200

      Versatile Land Parcel in Lisbon, OH

      8.91 acres of tillable land with development potential.
      Foundry Hill, Lisbon, OH 44432
      View Details
    • $85,950

      Versatile Land in Lisbon, Ohio

      4.297 acres of tillable land with development potential.
      Foundry Hill, Lisbon, OH 44432
      View Details

    FAQs

    What type of property is this?
    Farm - 78.995 acres of tillable land suitable for farming or development.
    Where is this farm located?
    The property is located at SR 518 Lisbon, OH.
    What is the asking price?
    The asking price for this property is $1,066,433.
    What are key features of this property?
    This property features: 78.995 Acres of Usable Land: Offers significant space and potential.; Agricultural/Residential Development Opportunity: Suitable for farming or building your dream home.; Income‑Producing: Currently used for crop farming, providing immediate income.
    (330) 217-6341
    We can help!
    Listing Contact
    James S Mills
    James S Mills
    Real Estate License ID: 2014001585
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    SR 518, Lisbon, OH 44432

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!