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    14410 Township Road 1062 Thornville, OH 43076

    Sponsored
    For Sale
    $849,900

    8.7K SF lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,712 square foot commercial lot, located at 14410 Township Rd 1062 Road SE in Thornville, Ohio, presents a unique investment opportunity. Priced at $849,900 ($48.05/sq ft), this vacant property boasts a prime location on the east end of Buckeye Lake, offering unparalleled visibility and accessibility. The property is zoned for rural business use, making it ideal for a diverse range of commercial ventures, including hotels, restaurants, or shopping centers. This is a ground-up development opportunity with significant potential. The property's considerable size (17,688 net rentable square feet) allows for substantial building plans. Furthermore, the significant advantage of city water and sewer taps already being paid for is included, with three additional taps available if needed, minimizing upfront infrastructure costs. This turnkey opportunity is ready for immediate development, offering a rare chance to establish a thriving business in a desirable location. The property's address is 14410 Township Rd 1062 Road SE, Thornville, OH 43076. Don't miss this chance to capitalize on this exceptional commercial land.

    Property Features for 14410 Township Road 1062

    General Information

    Property type
    Specialty properties

    HighLights

    • 8,712 SF commercial lot in Thornville, OH, priced at $849,900 ($48.05/SF).
    • Prime location on the east end of Buckeye Lake with high visibility and accessibility.
    • Zoned for rural business use, suitable for hotels, restaurants, or shopping centers.
    • Ground‑up development opportunity with city water and sewer taps already paid for (three additional taps available).
    • 17,688 net rentable square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Thornville
    County
    Perry
    State
    Ohio
    Longitude
    -82.4144354
    Latitude
    39.9124337

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      14410 Township Road 1062, Thornville, OH 43076

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    FAQs

    What type of property is this?
    Specialty property - 8.7K SF lot, ready for development.
    Where is this specialty property located?
    The property is located at 14410 Township Road 1062 Thornville, OH.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: 8,712 SF commercial lot in Thornville, OH, priced at $849,900 ($48.05/SF).; Prime location on the east end of Buckeye Lake with high visibility and accessibility.; Zoned for rural business use, suitable for hotels, restaurants, or shopping centers.
    Request Owner's contact information
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    Thornville, OH 43076
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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
    14410 Township Road 1062 Thornville, OH 43076
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