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Development Opportunity in Zanesville

1650 Richvale Road, Zanesville, OH 43701

For Sale
$350,000

4.14-acre corner lot approved for multi-family development.

Property SizeContact for details
Lot Size4.14 Acres
Days on Market473

Property Features for 1650 Richvale Road

General Information

Standard status Active
Lot size 4.14 Acres
Property subtype Development

Taxes and HOA fees

Annual Taxes $582
Listing Agency: RE/MAX Revealty
Listed By: Josh Hardbarger · License #2021002892
Source: Camtaylor
Added: Jul 25, 2025 Changed: Nov 5 Last Checked: Nov 8 at 2:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Revealty

Rey
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Investment Insights

Based on property information with market context.

This 4.14-acre corner lot in Zanesville presents an excellent multi-family development opportunity. Located within the Tri-Valley School District, the property is zoned RM-2 and approved for 21 duplex buildings, allowing for a total of 42 units. The site plan also includes space for a clubhouse or an additional single-family unit. All city utilities are available. The site has completed engineering, including an approved street layout and water and sewer plans by Sands & Decker. The property could also support 3 to 4 large apartment buildings, offering flexibility and strong investment potential.

Key Highlights

  • Approved for 21 duplex buildings (42 total units) offering immediate development potential.
  • 4. 14‑acre corner lot zoned RM‑2 provides flexibility for multi‑family development.
  • All city utilities are available on‑site simplifying the development process.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 43701, OH

55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 4.14-acre corner lot approved for multi-family development.
Where is this residential land & home lot located?
The property is located at 1650 Richvale Road Zanesville, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approved for 21 duplex buildings (42 total units) offering immediate development potential.; 4. 14‑acre corner lot zoned RM‑2 provides flexibility for multi‑family development.; All city utilities are available on‑site simplifying the development process.
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