Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Milton Building Lots Title is generated by Realmo AI

    Mahoning Avenue, Lake Milton, OH 44429

    View on Map
    Claim this Listing
    New
    For Sale
    $162,500

    LAND - Lake Milton, OH

    Lot size:
    12.50 Acres
    Added:
    May 12, 2026
    Days on Market:
    7
    Last Refresh:
    May 18 at 12:06 pm

    Property Features for Mahoning Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Off Street
    Standard status
    Active
    APN
    51-076-0-002.00-0
    Lot size
    12.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    GL 22 N

    We can help!

    Listing Contact
    Jacob Whitacre

    Listing agent Jacob Whitacre License #2020007827

    Listing office Kiko 2722 Fulton Dr. NW, Dover, OH

    Listing date May 12, 2026

    MLS# 5209698 Listing URL

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime building lots near Lake Milton
    • City water available at the road
    • Secluded setting with a pond
    • Abundant wildlife on the property
    • Suitable for a home or cabin
    • Off‑street parking

    Overview

    These building lots are located approximately one mile from Lake Milton, offering potential for a future home site or cabin. The 12.5-acre property features wildlife, a pond, and a secluded setting. City water is available at the road. Acreages and property lines are subject to a new survey. The property is located in Lake Milton, Ohio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lake Milton
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.9630284
    Latitude
    41.0956087

    Nearby Similar for Sale

    • $449,000

      Commercial Building with Boat Dock

      Well-maintained commercial building in Lake Milton with excellent visibility.
      17991 Mahoning Avenue, Lake Milton, OH 44429
      View Details
    • $443,300

      Land Near Lake Milton

      34.1 acres of land near Lake Milton, Ohio.
      Mahoning Avenue, Lake Milton, OH 44429
      View Details
    • $499,999

      Lakefront Lot with Private Dock

      Lake Milton lot with lake access and private boat dock.
      Normandy Road, Lake Milton, OH 44429
      View Details
    • $74,900

      Lake Milton Building Lot

      Building lot near Lake Milton State Park with city utilities.
      Milton Ave, Lake Milton, OH 44429
      View Details
    • $39,900

      Lake Milton Semi-Secluded Land

      Five lots near Lake Milton, ideal for building or investment.
      Maplewood Avenue, Lake Milton, OH 44429
      View Details
    • $39,900

      Vacant Land in Lake Milton

      Cleared vacant land lot near Lake Milton with city utilities.
      853 Harbor Avenue, Lake Milton, OH 44429
      View Details
    • $85,000

      Land Near Lake Milton, OH

      5-acre land parcel near Lake Milton, Ohio, with building potential.
      1135 N Mahoning Portage Co Line Road, Lake Milton, OH 44429
      View Details
    • $10,000

      Land in Lake Milton, OH

      Land available in Lake Milton, Ohio.
      Redwood Road, Lake Milton, OH 44429
      View Details
    • $20,500

      Cleared Lot Near Lake Milton

      Building lot near Lake Milton with utilities at the curb.
      Lawnview Avenue, Lake Milton, OH 44429
      View Details
    • $35,000

      Land Near Lake Milton

      Land available near Lake Milton with utilities.
      Idylwild Avenue, Lake Milton, OH 44429
      View Details
    • $1,900,000

      Land Available in Lake Milton

      Land for sale at 17000 Mahoning Ave, Lake Milton, OH
      17000 Mahoning Ave, Lake Milton, OH
      View Details
    • $200,000

      Commercial Land Near Interstate 76

      Commercial land with frontage on two roads near I-76.
      0 Mahoning Ave, Lake Milton, OH 44429
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Prime building lots near Lake Milton with wildlife and pond.
    Where is this residential land & home lot located?
    The property is located at Mahoning Avenue Lake Milton, OH.
    What is the asking price?
    The asking price for this property is $162,500.
    What are key features of this property?
    This property features: Prime building lots near Lake Milton; City water available at the road; Secluded setting with a pond
    (330) 453-9187
    We can help!
    Listing Contact
    Jacob Whitacre
    Real Estate License ID: 2020007827
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Mahoning Avenue, Lake Milton, OH 44429
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!