Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Whispering Pines Dr NE New Philadelphia, OH 44663

    Sponsored
    For Sale
    $219,900

    LAND - New Philadelphia, OH

    Lot size:
    1.33 Acres
    Days on Market:
    46
    Last Refresh:
    Feb 6 at 5:06 pm

    Property Features for Whispering Pines Dr NE

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    4308378119
    Lot size
    1.33 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    James A Pietro
    James A Pietro

    richard t. kiko agency, inc. (330) 343-7355

    Listing agent James A Pietro (330) 447-6497 License #2003005860

    Listing date Dec 23, 2025

    MLS# 5163533 Listing URL

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Vacant Land Near Golf Course

    Located just off the greens of Oak Shadows Golf Course, this 1.3-acre vacant land parcel presents an opportunity to build a custom home. The location offers proximity to local stores and restaurants, providing convenient access to amenities. This property is situated in New Philadelphia, Tuscarawas County, Ohio, with the postal code 44663.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    New Philadelphia
    County
    Tuscarawas
    State
    Ohio
    Longitude
    -81.42830231
    Latitude
    40.51386187

    Nearby Similar for Sale

    • $899,900
      2,835 SF

      Profitable Restaurant in New Philadelphia

      Turn-key restaurant with D-1 liquor license in high-traffic location.
      110 S Broadway St, New Philadelphia, OH 44663
      View Details
    • $1,700,000
      21.85 Acres

      Industrial Buildings on 21+ Acres

      Five industrial buildings totaling 45,000+ sqft on 21.8 acres.
      1490 Truss Rd SW, New Philadelphia, OH 44663
      View Details
    • New
      $359,000
      0.01 Acres

      Turnkey Triplex Investment Property

      Fully occupied triplex in New Philadelphia, offering immediate rental income.
      837 2Nd St SE, New Philadelphia, OH 44663
      View Details
    • $4,150,000
      112,586 SF

      Mixed-Use Investment Opportunity

      Retail, office, and warehouse spaces available for lease or sale.
      1109-1139 Bowers Ave NW, New Philadelphia, OH 44663
      View Details
    • $200,000

      Turnkey Bar and Grill Opportunity

      Fully furnished bar and grill with D5 liquor license for sale.
      2959 Brightwood Rd Se, New Philadelphia, OH 44663
      View Details
    • $1,700,000

      Industrial Buildings on Large Acreage

      45,000+/- sq ft industrial space on 21.8+/- acres.
      1490 Truss Rd Sw, New Philadelphia, OH 44663
      View Details
    • $700,000
      10,500 SF

      Multi-Tenant Warehouse in New Philadelphia

      Multi-tenant warehouse with I-77 and Route 250 access.
      1127 Front Ave SW, New Philadelphia, OH 44663
      View Details
    • Contact for pricing
      62,088 SF

      New Philadelphia Retail Center

      High-Occupancy Shopping Center, Strong NOI
      324 Bluebell Dr, New Philadelphia, OH 44663
      View Details
    • $1,700,000
      45,702 SF

      Truss Road Industrial Complex

      Ohio Industrial Portfolio: 45,702 SF
      1490 Truss Rd, New Philadelphia, OH 44663
      View Details
    • $1,700,000

      Ohio Hotel & House Package

      Profitable Hotel, 3-Bedroom Home Included
      0 Main St, New Philadelphia, OH 44663
      View Details

    FAQs

    What type of property is this?
    Land - 1.3 acres of vacant land near local amenities.
    Where is this land located?
    The property is located at Whispering Pines Dr NE New Philadelphia, OH.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - 1.3 acres of vacant land provides a blank slate for a custom-built home.; - Located just off the Oak Shadows Golf Course.; - Close proximity to local stores and restaurants.
    (330) 447-6497
    Request Owner's contact information
    Whispering Pines Dr NE New Philadelphia, OH 44663
    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.
    Whispering Pines Dr NE
    New Philadelphia, OH 44663
    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
    Whispering Pines Dr NE New Philadelphia, OH 44663
    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

    We can help!
    Listing Contact
    James A Pietro
    James A Pietro
    Real Estate License ID: 2003005860
    (330) 447-6497
    Learn more
    Google sign-in failed. Please try again or use another login method.