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    1203 Front Ave New Philadelphia, OH 44663

    Sponsored
    For Sale
    Contact for pricing

    1-Acre Commercial Land in Ohio

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial outparcel presents a unique investment opportunity in New Philadelphia, Ohio. Strategically located at 1203 Front Ave SW, this property benefits from its proximity to a thriving retail corridor anchored by a successful Rural King store and Harbor Freight. The site enjoys high visibility and accessibility, situated less than one mile from the intersection of Interstate 77 and State Route 250, ensuring significant traffic flow and exposure. The surrounding area boasts a robust mix of national retailers and restaurants, including Hampton Inn, Best Western, Holiday Inn Express, Walmart, Starbucks, and Chipotle, creating a strong and established commercial environment. This location serves a substantial population base, with over 106,000 residents within a 15-mile radius. The property's one-acre size offers considerable flexibility for development, making it ideal for a variety of commercial uses. This is a rare chance to acquire a highly visible and well-located outlot in a rapidly growing market. The property is zoned for commercial use and ready for immediate development. Don't miss this opportunity to capitalize on the strong retail presence and significant population density in this desirable Ohio location. The property is located in Tuscarawas County, Ohio, with a zip code of 44663.

    Property Features for 1203 Front Ave

    General Information

    Property type
    Individual retail properties
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Rural King Tractors Tractor Dealer Quick-Tag Pet Supply Store Rural King Guns Gun Shop Rural King Farm Equipment Supplier ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Philadelphia
    County
    Tuscarawas
    State
    Ohio
    Longitude
    -81.469075514722
    Latitude
    40.490227699939

    Nearby Comparable

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    Nearby Similar for Sale

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      Ohio Hotel & House Package

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    FAQs

    What type of property is this?
    Individual retail property - 1-Acre Commercial Land in Ohio
    Where is this individual retail property located?
    The property is located at 1203 Front Ave New Philadelphia, OH.
    (216) 381-8200
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    1203 Front Ave New Philadelphia, OH 44663
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    New Philadelphia, OH 44663
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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
    1203 Front Ave New Philadelphia, OH 44663
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