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    23652 Us Highway 224 Alvada, OH 44802

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    For Sale
    $200,000

    Multi-family property with development potential on US 224.

    Lot size:
    4.99 Acres

    Property Features for 23652 Us Highway 224

    General Information

    Lot size
    4.99 Acres
    Exterior features
    exterior_features, : ["Metal"]
    Interior features
    Interior Feature 1, : "Propane", "Interior Feature 2": "Wall Unit(s)", "Interior Feature 3": "Water Heater", "Interior Feature 4": "Refrigerator"

    Building Details

    Year built
    1983

    Source: Goddard Murphy & Co Inc Agent Charles Goddard

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

    Overview

    5 Acres on US 224

    This property features 5 acres with approximately 870 feet of frontage on US 224. It includes a 64 x 14 mobile home and a 48 x 20 cabin. The property offers potential for commercial development and additional mobile units. It is being sold As-IS.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Food Market Farmer's Market Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alvada
    County
    Seneca
    State
    Ohio
    Longitude
    -83.427179
    Latitude
    41.079022

    Nearby Similar for Sale

    • $850,000
      2,962 SF

      Junction Station Convenience Store Asset

      Gas station and convenience store with immediate returns and long-term growth.
      2860 Us Highway 23, Alvada, OH 44802
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Multi-family property with development potential on US 224.
    Where is this mobile home & rv park located?
    The property is located at 23652 Us Highway 224 Alvada, OH.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - 5 acres with approximately 870 feet of frontage on US 224.; - Great potential for commercial development.; - Potential for additional mobile units.
    Request Owner's contact information
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    Alvada, OH 44802
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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
    23652 Us Highway 224 Alvada, OH 44802
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