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    10315 Marne Rd Nashport, OH 43830

    Sponsored
    For Sale
    $1,280,000

    22.34 Acres, High Visibility, Ohio

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22.34-acre commercial land parcel presents a unique development opportunity in Nashport, Ohio. Strategically located at the intersection of State Route 16 and State Route 586 (Blackrun Road) and Marne Road, just east of Frazeysburg and the Licking County line, this property boasts unparalleled visibility. The expansive lot size totals 973,130.4 square feet, offering significant frontage along State Route 16 (886 feet) and State Route 586 (1010 feet). Currently, the property includes four existing buildings: three commercial structures totaling 4390 square feet and a 1586 square foot, three-bedroom ranch-style residence with a two-car attached garage and two bathrooms. The property is being sold "as is" and is currently unzoned. A significant advantage for potential buyers is the inclusion of all mineral rights owned by the seller. This prime location, combined with its substantial size and existing structures, makes this an ideal investment for developers seeking high-impact commercial projects. The property's high visibility from the major roadways and the overpass of State Route 586 ensures excellent exposure for any future development. The existing buildings offer potential for immediate income generation or redevelopment, providing flexibility for various commercial ventures. This is a rare opportunity to acquire a large, strategically located parcel in a growing area. The asking price is $1,280,000. Built in 1901, this property offers a blank canvas for your vision.

    Property Features for 10315 Marne Rd

    General Information

    Property type
    Land

    Building Details

    Year Built
    1901

    HighLights

    • $1,280,000 asking price for 22.34 acres of commercial development land.
    • Located in Nashport, OH, at the intersection of State Route 16 and 586 (Blackrun Road) and Marne Road.
    • Features 886 feet of road frontage on State Route 16 and 1010 feet on State Route 586, offering excellent visibility.
    • Includes four existing buildings: three commercial buildings totaling 4,390 square feet and a 1,586‑square‑foot, three‑bedroom ranch house with a two‑car garage.
    • No zoning; mineral rights included; sold "as is"; buildings are not currently leased.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Hotel & Motel HVAC Service Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashport
    County
    Muskingum
    State
    Ohio
    Longitude
    -82.1604849
    Latitude
    40.0538592

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    FAQs

    What type of property is this?
    Land - 22.34 Acres, High Visibility, Ohio
    Where is this land located?
    The property is located at 10315 Marne Rd Nashport, OH.
    What is the asking price?
    The asking price for this property is $1,280,000.
    What are key features of this property?
    This property features: $1,280,000 asking price for 22.34 acres of commercial development land.; Located in Nashport, OH, at the intersection of State Route 16 and 586 (Blackrun Road) and Marne Road.; Features 886 feet of road frontage on State Route 16 and 1010 feet on State Route 586, offering excellent visibility.
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    10315 Marne Rd Nashport, OH 43830
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    Nashport, OH 43830
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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
    10315 Marne Rd Nashport, OH 43830
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