Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Quiet Setting Title is generated by Realmo AI

    0 Lot 2 Country Rd 70, Proctorville, OH 45669

    View on Map
    Claim this Listing
    For Sale
    $64,000

    Residential Lot - Proctorville, OH

    Type:Single Family Residence
    Lot size:
    0.64 Acres
    Added:
    Sep 19, 2025
    Days on Market:
    245
    Last Refresh:
    May 21 at 8:06 pm

    Property Features for 0 Lot 2 Country Rd 70

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    18-184-0600.001
    Lot size
    0.64 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Karen Tillis
    Karen Tillis

    Listing agent Karen Tillis

    Listing office BUNCH REAL ESTATE ASSOCIATES 8115 County Road 107, Proctorville, OH

    Listing date Sep 19, 2025

    MLS# 182318 Listing URL

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

    HighLights

    • Large .6493 Acre Lot: Offers ample space for building and outdoor activities.
    • Convenient Location: Quiet county setting, yet minutes from the 31st bridge.
    • Surveyed Lots: Property is already surveyed into lots with pins down, simplifying the building process.
    • Separate Purchase: Seller is selling each lot separately, allowing for a focused investment.
    • Public Water Available: Access to public water supply simplifies utility connections.
    • Plat Map Available: See associated documents for the plat map, providing detailed property information.

    Overview

    This vacant lot, identified as Lot 2, offers a quiet county setting just minutes from the 31st bridge in Proctorville, OH. The lot size is 0.6493 acres. The property is part of a larger 4.98-acre parcel that has been surveyed into multiple lots with pins in place, although the plat map will be recorded once an offer is accepted on the lot. Public water is available, but no tap has been paid. An aeration system is required for the sewer system, and the buyer will be responsible for sewer installation, as no public sewer is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Proctorville
    County
    Lawrence
    State
    Ohio
    Longitude
    -82.3483364
    Latitude
    38.4663056

    Nearby Similar for Sale

    • $790,000
      11,000 SF

      Commercial Space in Proctorville, OH

      11,000 sq ft commercial space in the heart of Proctorville.
      259 State Street, Proctorville, OH 45699
      View Details
    • $299,900
      2,646 SF

      Proctorville Office Building Opportunity

      Well-maintained office building suitable for various professional uses.
      148 St Rt 775, Proctorville, OH 45669
      View Details
    • $125,000

      Proctorville Commercial Lot For Sale

      High-traffic, flat commercial lot in the heart of Proctorville.
      150 State Street, Proctorville, OH 45669
      View Details
    • $155,000

      Residential Lot on Big Ohio

      Residential lot available on the Ohio River in Proctorville.
      County Road 107, Proctorville, OH 45669
      View Details
    • $300,000

      Riverfront Land with Development Potential

      Three-acre riverfront property suitable for residential or commercial development.
      State Route 7, Proctorville, OH 45669
      View Details
    • $576,000

      Private 10-Acre Wooded Retreat

      Residential lot with stunning wood architecture on 10 acres.
      206 Private Drive 5017, Proctorville, OH 45669
      View Details
    • $986,206
      8,048 SF

      Retail Investment Opportunity in Proctorville

      8,048 SF retail building in prime Proctorville location.
      7550 County Rd 107, Proctorville, OH
      View Details
    • $105,000

      Residential Land in Proctorville, OH

      Level land in established Proctorville neighborhood, suitable for residential development.
      TOWNSHIP ROAD 1248, PROCTORVILLE, OH 45669
      View Details
    • $17

      Medical Office Space For Sale

      Prime medical office space with immediate occupancy and convenient access.
      96 Township Road 369, Proctorville, OH 45669
      View Details
    • $22,000

      Proctorville Residential Lots For Sale

      Two residential lots totaling 0.61 acres in Proctorville, Ohio.
      Township Road 1267, Proctorville, OH 45669
      View Details
    • $229,000

      Proctorville Land for Sale

      40 acres of land suitable for development or recreation.
      149 County Road 149, Proctorville, OH 45669
      View Details
    • $58,000

      Residential Lot in Quiet Setting

      Residential lot for sale in a quiet, convenient Proctorville location.
      0 Lot 5 County Rd 70, Proctorville, OH 45669
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant 0.6493 acre lot in Proctorville, OH. Public water available.
    Where is this residential land & home lot located?
    The property is located at 0 Lot 2 Country Rd 70 Proctorville, OH.
    What is the asking price?
    The asking price for this property is $64,000.
    What are key features of this property?
    This property features: Large .6493 Acre Lot: Offers ample space for building and outdoor activities.; Convenient Location: Quiet county setting, yet minutes from the 31st bridge.; Surveyed Lots: Property is already surveyed into lots with pins down, simplifying the building process.
    (304) 416-4438
    We can help!
    Listing Contact
    Karen Tillis
    Karen Tillis
    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
    0 Lot 2 Country Rd 70, Proctorville, OH 45669
    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!