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    4560 Township Road 138 Somerset, OH 43783

    Sponsored
    For Sale
    $799,000

    52 Acres, Lake Access, Mineral Rights

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 52-acre property, located at 4560 Township Road 138 NE, Somerset, Ohio 43783, presents a unique investment opportunity. The land encompasses a substantial 2,265,120 square feet and offers a blend of diverse features. A significant highlight is the partial lower access to a 13-acre lake or dam, providing recreational potential or the possibility of developing waterfront amenities. The property boasts treed acreage, contributing to its natural beauty and providing privacy. Beyond the scenic appeal, this land holds significant value due to the inclusion of mineral and oil rights, offering potential for future income generation. The property is classified as Farm, Ranch, and Residential, allowing for a variety of potential uses, subject to local zoning regulations. Situated in Perry County, Ohio, this expansive tract offers a tranquil setting while remaining conveniently located. The asking price for this remarkable property is $799,000. Detailed surveys and environmental reports are available upon request. This is an exceptional opportunity to acquire a versatile and valuable property with significant long-term potential.

    Property Features for 4560 Township Road 138

    General Information

    Property type
    Farms

    HighLights

    • 52‑acre property located at 4560 Township Road 138 NE, Somerset, OH 43783.
    • 2,265,120 square feet with partial lower access to a 13‑acre lake.
    • Includes treed acreage and mineral/oil rights.
    • Farm, Ranch, and Residential zoning allows for diverse uses.
    • Asking price: $799,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerset
    County
    Perry
    State
    Ohio
    Longitude
    -82.335108
    Latitude
    39.752724

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    FAQs

    What type of property is this?
    Farm - 52 Acres, Lake Access, Mineral Rights
    Where is this farm located?
    The property is located at 4560 Township Road 138 Somerset, OH.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 52-acre property located at 4560 Township Road 138 NE, Somerset, OH 43783.; 2,265,120 square feet with partial lower access to a 13-acre lake.; Includes treed acreage and mineral/oil rights.
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    4560 Township Road 138 Somerset, OH 43783
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    Somerset, OH 43783
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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
    4560 Township Road 138 Somerset, OH 43783
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