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    465 St Malta, OH 43758

    For Sale
    $75,000

    5.7 Acres, Cleared, Electric Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5.7-acre parcel of land, totaling 248,292 square feet, presents a unique investment opportunity in Malta, Ohio. Located on State Route 555 (also known as Triple Nickel), this property boasts a highly desirable location at the foothills of Wayne National Forest, offering breathtaking views and easy access to nearby Burr Oak and Wolfe Creek. The land is already cleared, providing a significant advantage for immediate development or construction. Electricity is readily available at the roadside, simplifying the utility connection process. The property's address is 465 N St Rt 555, Malta, OH 43758, situated in Morgan County. Its convenient location and expansive size make it ideal for a variety of uses, from residential development to commercial ventures. The asking price for this remarkable property is $75,000. This represents an excellent value for a cleared, readily accessible parcel of land in a picturesque setting. Don't miss this chance to acquire a piece of Ohio's natural beauty with significant development potential.

    Property Features for 465 St

    General Information

    Property type
    Land

    HighLights

    • $75,000 asking price for this Ohio land parcel.
    • 248,292 square foot lot.
    • Located at 465 N St Rt 555, Malta, OH 43758.
    • 5.698 acres of cleared land with electricity at the road.
    • Minutes from Burr Oak and Wolfe Creek, near Wayne National Forest.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malta
    County
    Morgan
    State
    Ohio
    Longitude
    -82.007117
    Latitude
    39.6160643

    Nearby Comparable

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    • $495,000

      Prime Corning, OH Commercial Land

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    FAQs

    What type of property is this?
    Land - 5.7 Acres, Cleared, Electric Available
    Where is this land located?
    The property is located at 465 St Malta, OH.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price for this Ohio land parcel.; 248,292 square foot lot.; Located at 465 N St Rt 555, Malta, OH 43758.
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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
    465 St Malta, OH 43758
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