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    300 Mill St North Lewisburg, OH 43060

    Sponsored
    For Sale
    $83,750

    .28-Acre Lot, Garage, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Prime .28-acre residential lot (12,196.8 sq ft) in North Lewisburg, Ohio, presents a unique development opportunity. The property boasts a recently updated 16x24 one-car garage with a basement, adding significant value. A pre-existing 24x48 concrete slab is ideal for new construction (permits required). A 24x48 log cabin frame, perfect for the existing slab, is available for separate purchase. Included in the sale is lumber currently stored in the garage. The fenced backyard provides a secure outdoor area. This well-maintained lot offers convenience and potential, situated at 300 Mill Street, North Lewisburg, OH 43060. Previously used for a manufactured home, this property is ready for your vision. All aspects of the property are sold "as is".

    Property Features for 300 Mill St

    General Information

    Property type
    Land

    HighLights

    • Rare .28‑acre residential lot in North Lewisburg, OH with excellent development potential.
    • Updated 16' x 24' one‑car garage with basement.
    • Existing 24' x 48' concrete slab ready for new construction (permits required).
    • 24' x 48' log cabin frame available separately, ideal for existing slab.
    • Lumber included in sale.
    • Fenced backyard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Hair Salon Auto Repair Shop Hotel & Motel Department Store Bar & Pub Daycare Center Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Lewisburg
    County
    Champaign
    State
    Ohio
    Longitude
    -83.5615493
    Latitude
    40.2206648

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - .28-Acre Lot, Garage, Development Potential
    Where is this land located?
    The property is located at 300 Mill St North Lewisburg, OH.
    What is the asking price?
    The asking price for this property is $83,750.
    What are key features of this property?
    This property features: Rare .28-acre residential lot in North Lewisburg, OH with excellent development potential.; Updated 16' x 24' one-car garage with basement.; Existing 24' x 48' concrete slab ready for new construction (permits required).
    Request Owner's contact information
    300 Mill St North Lewisburg, OH 43060
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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
    300 Mill St North Lewisburg, OH 43060
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