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    Vl Carpenter Rd Ashtabula, OH 44004

    Sponsored
    For Sale
    $200,000

    Prime Development Opportunity: 63 Acres, Priced to Sell

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional opportunity to acquire a substantial 63-acre residential land parcel located on VL Carpenter Rd in Ashtabula, Ohio, Ashtabula County, zip code 44004. This unique property presents itself as a prime development opportunity, featuring one large parcel and additional land already subdivided into individual lots. The asking price is $200,000, translating to $3,174.60 per acre, a price point positioned below both the appraised and tax assessed values, making this an attractive investment. The property's APN numbers are 480030001300, 180030001300, 480401000600, and 4804010007. While specific zoning information, future land use designations, and zoning restrictions are not currently available, the existing subdivision suggests potential for immediate development. The net usable acreage is 63 acres. This property is ideally suited for developers seeking a significant land acquisition in a desirable location. This is a rare opportunity to acquire a large parcel of land at a below-market price. Act quickly to secure this exceptional investment.

    Property Features for 0 Vl Carpenter Rd

    General Information

    Property type
    Land
    Lot Size
    2,744,280 SF

    HighLights

    • Exceptional Redevelopment Opportunity
    • Rare and Unique Property Offering
    • Subdivided Parcels Available
    • Wetland acreage to be determined
    • 63 Usable Acres
    • Parcel IDs: 480030001300, 180030001300, 480401000600, 4804010007
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.8330685
    Latitude
    41.8811484

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    FAQs

    What type of property is this?
    Land - Prime Development Opportunity: 63 Acres, Priced to Sell
    Where is this land located?
    The property is located at Vl Carpenter Rd Ashtabula, OH.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Exceptional Redevelopment Opportunity; Rare and Unique Property Offering; Subdivided Parcels Available
    (440) 266-8322
    Request Owner's contact information
    Vl Carpenter Rd Ashtabula, OH 44004
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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
    Vl Carpenter Rd Ashtabula, OH 44004
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