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    37416 New Lima Rd Rutland, OH 45775

    For Sale
    $57,900

    Stunning Views, 160K+ SF Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 160,300.8 square foot residential land parcel in Rutland, Ohio, presents a unique opportunity. Located at 37416 New Lima Road, 45775, this property boasts breathtaking views that shift with the seasons. The lot features approximately 60 feet of road frontage on New Lima Road. Existing infrastructure includes a septic system with a newly installed aerator and a brand new water tap connection provided by the Leading Creek Conservancy District. Electricity is readily available at the road via AEP. A pond is situated on the property, adding to its natural beauty and charm. The rear of the property is wooded, extending around the pond. A survey is available for a detailed view of the land's boundaries. This property offers numerous possibilities for development and is priced at $57,900. The property's location in Meigs County, Ohio, provides easy access to local amenities and attractions. Don't miss this chance to own a piece of Ohio's scenic countryside.

    Property Features for 37416 New Lima Rd

    General Information

    Property type
    Land

    HighLights

    • $57,900 asking price.
    • Residential land.
    • 160,300.8 sq ft lot size.
    • Located at 37416 New Lima Road, Rutland, OH 45775.
    • New water tap and septic system with new aerator.
    • 60 ft of road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rutland
    County
    Meigs
    State
    Ohio
    Longitude
    -82.1496049
    Latitude
    39.0771169

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Stunning Views, 160K+ SF Lot
    Where is this land located?
    The property is located at 37416 New Lima Rd Rutland, OH.
    What is the asking price?
    The asking price for this property is $57,900.
    What are key features of this property?
    This property features: $57,900 asking price.; Residential land.; 160,300.8 sq ft lot size.
    Request Owner's contact information
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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
    37416 New Lima Rd Rutland, OH 45775
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