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    38781 State Route 124 Pomeroy, OH 45769

    Sponsored
    For Sale
    $324,900

    6-Acre Commercial Lot, $324,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 6-acre commercial land opportunity in Pomeroy, Ohio, listed at $324,900. This expansive 261,360 square foot lot at 38781 State Route 124, Meigs County, OH 45769, presents a unique chance for entrepreneurs. Previously utilized as a scrap yard, the property boasts existing infrastructure ideal for various ventures. Improvements include a substantial 18.9ft x 30ft x 55ft long garage with a 24-peak, 6-inch slab, a drive-up scale, and a weight scale house (recently inspected). Additional structures consist of a 30ft x 30ft garage, multiple semi-trailers suitable for storage and tool organization, and a 20ft x 20ft garage, offering ample space for business expansion. The property's previous business has closed, providing a blank canvas for your vision. This location presents significant potential for businesses such as scraping, junking, towing, repossessing, auto repair, or muffler shops. The possibilities are vast. Seize this chance to establish your enterprise on this well-situated, fully equipped commercial property.

    Property Features for 38781 State Route 124

    General Information

    Property type
    Land

    HighLights

    • 6‑acre commercial lot in Pomeroy, OH, priced at $324,900.
    • 261,360 square foot lot at 38781 State Route 124, Meigs County, OH 45769.
    • Existing infrastructure includes a large garage (18.9ft x 30ft x 55ft), drive‑up scale, and scale house.
    • Additional structures: two smaller garages and multiple semi‑trailers for storage.
    • Suitable for various uses including auto repair, towing, and scrap metal businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Daycare Center Veterinary Clinic Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Pomeroy
    County
    Meigs
    State
    Ohio
    Longitude
    -82.0760769
    Latitude
    39.075425

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    FAQs

    What type of property is this?
    Land - 6-Acre Commercial Lot, $324,900
    Where is this land located?
    The property is located at 38781 State Route 124 Pomeroy, OH.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: 6-acre commercial lot in Pomeroy, OH, priced at $324,900.; 261,360 square foot lot at 38781 State Route 124, Meigs County, OH 45769.; Existing infrastructure includes a large garage (18.9ft x 30ft x 55ft), drive-up scale, and scale house.
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    38781 State Route 124 Pomeroy, OH 45769
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    Pomeroy, OH 45769
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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
    38781 State Route 124 Pomeroy, OH 45769
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