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Agricultural Land with Oil Royalties
For Sale
$325,000

Twp. Road 213, Lakeville, OH 44638

LAND - Lakeville, OH

Lot Size22.00 Acres
Days on Market151

Property Features for Twp. Road 213

General Information

Property type Land
Property subtype Other
High school district West Holmes Local
Standard status Active
APN 11-00115-005
Lot size 22.00 Acres

Taxes and HOA fees

Tax Annual Amount 362
Listing Agency: The Great Outdoors Real Estate Company
Listed By: Frank Dimarco
Added: Mar 4 Changed: Jul 16 Last Checked: Aug 2 at 9:06AM
MLS# 11666876

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

Investment Insights

Based on property information with market context.

For sale is a nearly level agricultural parcel totaling about 22 acres, currently in soybeans and described as tillable. The property includes two active oil wells, generating royalty income, and it also has established farming rental revenue. A new boundary survey with road stakes is noted as included, and a deer blind is reported to convey with the sale.

The land features approximately 50 feet of road frontage and extends to an expansive rear field. The rear field rises on the landscape and is described as bordering Camp Bethany. The property is located in the West Holmes School District, about 3 miles south of Nashville, and approximately one-half mile west of State Route 514.

Additional reported details include exceptionally low annual taxes of $362.70. The property is accessed from Twp. Road 213, Lakeville, OH 44638.

Key Highlights

  • Nearly level 22 acres of open‑field, tillable farmland currently planted in soybeans
  • Two active oil wells on the property producing royalty income
  • Current farming rental revenue in place

Property Analytics

Current Use

Mining land & claims

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 44638, OH

1,555
Population
544
Households
2.9
Avg Household Size
39
Median Age
12%
College-Educated
79%
High-School Grad
28.5 sq mi
ZIP Area
55
Density / Sq Mi
$68,750
Median Household Income
$38,952
Median Earnings
$996
Median Rent
$168,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Nearly level 22-acre parcel with soybeans, two active oil wells, and farm-related rental income.
Where is this agricultural land / farmland located?
The property is located at Twp. Road 213 Lakeville, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Nearly level 22 acres of open‑field, tillable farmland currently planted in soybeans; Two active oil wells on the property producing royalty income; Current farming rental revenue in place
More about this property
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