0 Military Rd, Zanesville, OH 43701
This exceptional 44.12-acre commercial land parcel in Zanesville, Ohio (APN 86-26-02-06-001), presents a unique opportunity for development. Priced at $3,000,000, this site is ideally positioned for a 118-unit condominium project, meticulously planned with a thoughtful design that minimizes environmental impact by utilizing existing topography and vegetation. The comprehensive plan, available to the purchaser, includes detailed road layouts, housing designs, and a community center with convenient cart paths connecting internally and externally to the adjacent Zanesville Country Club. All utilities are readily accessible, and preliminary work, including road rough-in and seeding, and some deforestation, has already been completed. Extensive due diligence has been performed and is included in the sale, encompassing a Phase I environmental assessment, wetlands delineation, jurisdictional stream location, soil testing, geological and archeological literature reviews, and a site survey detailing utility easements and setback requirements. The property boasts 1,000 feet of frontage on Military Road and offers convenient access to amenities, including restaurants, shopping, and services. Its strategic location provides easy access to Columbus (50 minutes) and Intel's new semiconductor plant (40 minutes). This turnkey development opportunity is ready for immediate action.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.