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    OFF-MARKET
    Land

    0 Township Road 128, New Lexington, OH 43764

    Property ID
    Property summary
    AI-generated overview

    This exceptional 24.52-acre property (1,068,091.2 sq ft), located at 0 Township Rd 128, New Lexington, OH 43764 (APN 240007240100), presents a unique opportunity for various development scenarios. Zoned for agricultural use, this expansive land parcel is suitable for creating single-family estate-sized lots, 3-5 acre country lots, or a single large estate, cabin, or hunting lodge. The property boasts existing infrastructure advantages, including on-site electricity and access to private water via a 6-inch water line provided by the Perry County water district. A Columbia Gas of Ohio easement runs through the property. High-speed internet access is available via Spectrum (1 GB). Conveniently located approximately 4.1 miles from New Lexington, OH, and 17 miles from Logan, OH, this land offers a blend of rural tranquility and accessibility. This is a rare opportunity to acquire a substantial tract of land with existing utilities, making it ready for immediate development or use. The property's size and location make it an attractive investment for developers, individuals seeking a large estate, or those looking for a recreational retreat.

    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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