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    State St Newcomerstown, OH 43832

    For Sale
    $495,000

    5.75 Acres, US Hwy 36 & E State St. High Visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.75-acre commercial land parcel presents a unique development opportunity in the rapidly growing Newcomerstown, Ohio area. Strategically located at the intersection of US Highway 36 and East State Street, this property boasts unparalleled visibility and accessibility, situated conveniently near I-77 for easy interstate access. The property is zoned for commercial vacant land use, offering a wide range of development possibilities. Ideal for a variety of commercial ventures, including hotels, restaurants, or other businesses seeking high-traffic exposure. The expansive lot size provides ample space for large-scale projects. The asking price is $495,000. The parcel number is 45-02519-000. This prime location and flexible zoning make this an exceptional investment opportunity for discerning buyers seeking high-impact commercial development in a thriving market. Don't miss this chance to secure a prominent position in a rapidly expanding area. Contact us today to learn more about this remarkable property.

    Property Features for 0 State St

    General Information

    Property type
    Land
    Lot Size
    250,470 SF

    HighLights

    • Unique development opportunity in a rapidly growing area.
    • Prime location just off I‑77 exit.
    • Ideal site for hotel or restaurant development.
    • 5.75‑acre commercial vacant land parcel.
    • Commercial zoning.
    • Parcel Number: 45‑02519‑000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newcomerstown
    County
    Tuscarawas
    State
    Ohio
    Longitude
    -81.6054328
    Latitude
    40.2715495

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    FAQs

    What type of property is this?
    Land - 5.75 Acres, US Hwy 36 & E State St. High Visibility.
    Where is this land located?
    The property is located at State St Newcomerstown, OH.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Unique development opportunity in a rapidly growing area.; Prime location just off I-77 exit.; Ideal site for hotel or restaurant development.
    (216) 363-6435
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    State St Newcomerstown, OH 43832
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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
    State St Newcomerstown, OH 43832
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