59894 County Road 9 Newcomerstown, OH 43832
- Land
Current Use by Public Records
- Land
Property Details for 59894 County Road 9
- Property type
- Land
Description
This exceptional 110-acre property in Newcomerstown, Ohio, presents a unique investment opportunity. The land encompasses a substantial gravel pit with estimated reserves of approximately 14,000,000 tons, currently valued at over $4.4 million, spread across 66 minable acres. The property boasts approximately 1,500 feet of frontage along the Tuscarawas River. Beyond the gravel pit, the remaining acreage includes wooded areas and wetlands, offering diverse potential uses. Included in the sale is operational equipment valued at $125,000. A charming log cabin, situated near the river, adds to the property's appeal. This secluded cabin features geothermal heating and air conditioning, along with laundry hookups, providing comfortable and efficient living. The asking price for this expansive property, including all equipment and the log cabin, is $2,450,000. The property's location is 59894 County Road 9, Newcomerstown, OH 43832, within Coshocton County. The total lot size is 4,809,024 square feet. This is a rare chance to acquire a substantial land holding with significant existing value and diverse development potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newcomerstown
- County
- Coshocton
- State
- Ohio
- Longitude
- -81.6347
- Latitude
- 40.2742
