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Cleared Residential Home Lot
For Sale
$59,900
Pending

5618 Grumms Lane NE, Newark, OH 43055

Residential 1.14-acre parcel with an existing well and septic, cleared and ready for site work.

Property SizeContact for details
Lot Size1.14 Acres
Days on Market114

Property Features for 5618 Grumms Lane NE

General Information

Standard status Pending
Lot size 1.14 Acres
Property subtype Land
Listing Agency: Move Real Estate
Listed By: Sarah Wilhoit
Source: Maryhatem
Added: Jul 6 Changed: Oct 26 Last Checked: Oct 26 at 3:40PM

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 Move Real Estate

Rey
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Investment Insights

Based on property information with market context.

This cleared residential home lot offers space to build in the Licking Valley School District, with an existing well and septic already on the property. The land has been prepared for site work and is described as ready to begin development subject to buyer inspections and due diligence.

The parcel is located in a country setting and is less than 2 miles from Glenn's Market/Wilkins Corner, providing nearby day-to-day access.

Ideal for buyers looking to start with a cleared lot and onsite well and septic in place, with the remaining development steps dependent on site work and applicable approvals.

Key Highlights

  • 1.14‑acre wooded residential parcel in Licking Valley School District
  • Existing well and septic on the property
  • Land has been cleared and is ready for site work

Property Analytics

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Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Real Estate Agency Restaurant

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

8
Businesses Nearby

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
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 - Residential 1.14-acre parcel with an existing well and septic, cleared and ready for site work.
Where is this residential land & home lot located?
The property is located at 5618 Grumms Lane NE Newark, OH.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 1.14‑acre wooded residential parcel in Licking Valley School District; Existing well and septic on the property; Land has been cleared and is ready for site work
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