0 Military Rd, Zanesville, OH 43701
This exceptional 44.12-acre commercial land parcel in Zanesville, Ohio, presents a unique investment opportunity. Located in Muskingum County, with the APN 86-26-02-06-001, this property is zoned for commercial use and boasts 1,000 feet of frontage on Military Road. The site is ideally situated adjacent to the Zanesville Country Club, offering convenient access to nearby restaurants, shopping, and services. Furthermore, its proximity to Intel's new semiconductor plant (40 minutes away) and Columbus (50 minutes away) enhances its strategic location and potential for significant growth. A comprehensive plan for a 118-unit condominium community is in place, incorporating thoughtful design to minimize environmental impact. The plan includes roads, housing, and a community center with internal and external cart paths connecting to Country Club amenities. Preliminary work is complete, including some deforestation, road rough-in and seeding. All utilities are available. Extensive due diligence materials are available at no additional cost to the purchaser, encompassing a Phase I Environmental Assessment, Wetlands Delineation and Jurisdictional Stream Location, soil testing, Geological and Archeological Literature Review, and a Site Survey detailing Utility Easements and Setback Requirements. This turnkey project is ready for immediate development, offering a compelling opportunity for investors seeking a high-return venture in a rapidly developing area. The asking price for this exceptional property is $3,000,000.
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
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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.