Development Opportunity in
For Sale
$425,000
1650 Richvale Road, Zanesville, OH 43701
4.14-acre corner lot approved for multi-family development.
Property SizeContact for details
Lot Size4.14 Acres
Days on Market738
Property Features for 1650 Richvale Road
General Information
Standard status
Active
Lot size
4.14 Acres
Property subtype
Land / Development
Taxes and HOA fees
Annual Taxes
$582
Listing Agency:
RE/MAX Revealty
(740) 334-0912
Listed By:
Josh Hardbarger · License #2021002892
(740) 334-0912
Source:
Compass
Added: Aug 2, 2024
Changed: Aug 8
Last Checked: Jul 16 at 6:56AM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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 $425,000.
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.
