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    S Friendship Dr New Concord, OH 43762

    For Sale
    Contact for pricing

    Commercial land available near the Garland Hotel with high traffic.

    Lot size:
    50.00 Acres

    Property Features for S Friendship Dr

    General Information

    Lot size
    50.00 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Brandon Hess

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Garland Hotel

    This commercial land is located across from the Garland Hotel. The location benefits from significant daily traffic counts, with Interstate 70 recording 35,602 vehicles per day and Ohio 83 recording 3,933 vehicles per day.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Concord
    County
    Muskingum
    State
    Ohio
    Longitude
    -81.741273
    Latitude
    39.994544

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    FAQs

    What type of property is this?
    Land - Commercial land available near the Garland Hotel with high traffic.
    Where is this land located?
    The property is located at S Friendship Dr New Concord, OH.
    What are key features of this property?
    This property features: - Located across from Garland Hotel; - High traffic count on I-70 (35,602 vehicles per day); - Traffic count on Ohio 83 (3,933 vehicles per day)
    (740) 587-7441
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    Realmo Value Estimation

    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.

    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.

    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
    S Friendship Dr New Concord, OH 43762
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