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    OFF-MARKET
    Land

    0 Military Rd, Zanesville, OH 43701

    44.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 44.12 ac (1,921,867 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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