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Property profile & analytics
OFF-MARKET
Land

3 Gratiot Rd Hopewell, OH 43056

Property ID
Property summary
AI-generated overview

This exceptional 306,226.8 square foot lot, located at Lot 3 Gratiot Road in Heath, Ohio (zip code 43056), presents a unique opportunity to build your dream home. Situated in a private location just outside the village of Gratiot, Ohio, this property boasts breathtaking views of the surrounding countryside and neighboring farms. The land features a small stream, offering options for building either near the creek or on the hillside for incredible panoramic vistas. Electric service is conveniently located at the road. The property is within the West Muskingum Local School District. While some building restrictions are in place, a new survey is complete, and county approvals have been obtained. Annual taxes are to be determined due to the recent lot division. All mineral rights owned by the seller will transfer to the buyer. This is an exceptional opportunity to own a substantial piece of land in a desirable location, ready for development. The asking price for this remarkable property is $109,900.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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