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    Property profile & analytics

    1949 Hebron Rd Heath, OH 43056

    • Commercial real estate
    For Sale
    View listing
    $7,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-2404806
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1949 Hebron Rd

    Property type
    Commercial real estate
    APN
    080-330294-00.000

    Description

    This exceptional 88-acre commercial land parcel, located at 1949 Hebron Road SE in Heath, Ohio (zip code 43056), presents a unique investment opportunity. The property boasts a substantial 3,865,514.4 square feet of land zoned for commercial development, offering significant potential for a wide range of projects. Its prime location on Hebron Road ensures high visibility and accessibility. The property's APN is 080-330294-00.000. Historically, the site was home to a drive-in movie theater, suggesting a rich history and potential for redevelopment that capitalizes on its unique past. This expansive lot provides ample space for large-scale commercial ventures, offering developers a blank canvas to create a thriving business hub. The property's location in Licking County, Ohio, provides access to a robust infrastructure and a growing community. Serious inquiries are encouraged to explore the possibilities of this significant commercial land offering. The asking price for this exceptional property is $7,500,000. This represents a compelling investment opportunity for developers seeking a large-scale project in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Heath
    County
    Licking
    State
    Ohio
    Longitude
    -82.4683045
    Latitude
    40.0012134

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    Similar Nearby for Sale

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      1.75 Acre Commercial Land Parcel

      1.75-acre commercial land parcel in active commercial corridor.
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    Similar Nearby for Lease

    • $350,000

      Commercial Land For Lease

      Approximately 2.3 acre redevelopment opportunity in Qualified Opportunity Zone.
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      Retail space available in established shopping center.
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      47,000 SF

      Prime Retail Space in Heath

      Retail space available in high-traffic Newark/Heath corridor.
      725 Hebron Rd, Heath, OH 43056
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    1949 Hebron Rd
    Heath, OH 43056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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