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    318 2Nd Ave Middleport, OH 45760

    Sponsored
    For Sale
    $30,000

    Prime 0.073-acre lot, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.073-acre commercial lot, located at 318 N 2nd Avenue in Middleport, Ohio (zip code 45760), presents a unique investment opportunity. Situated between Sunoco storage units and former doctor's offices, this property previously housed Classic Cuts. The lot itself offers 0 square feet of building space, presenting a blank canvas for development. The marketing materials suggest the potential for a mixed-use development, envisioning two ground-floor commercial spaces and two upstairs apartments. This prime location in historic Middleport offers significant potential for a variety of commercial ventures. The property's asking price is $30,000. Buyers are encouraged to conduct their own due diligence to assess the feasibility of their chosen development plans and to confirm all zoning regulations and building codes. This is a rare opportunity to acquire a strategically located commercial lot in a growing Ohio town. The property's address is verified as 318 N 2nd Avenue, Middleport, Meigs County, Ohio. Latitude and longitude coordinates are available for precise location identification.

    Property Features for 318 2Nd Ave

    General Information

    Property type
    Land
    Lot Size
    3,180 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleport
    County
    Meigs
    State
    Ohio
    Longitude
    -82.0473327
    Latitude
    39.004152

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    FAQs

    What type of property is this?
    Land - Prime 0.073-acre lot, high potential.
    Where is this land located?
    The property is located at 318 2Nd Ave Middleport, OH.
    What is the asking price?
    The asking price for this property is $30,000.
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    318 2Nd Ave Middleport, OH 45760
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    Middleport, OH 45760
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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
    318 2Nd Ave Middleport, OH 45760
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