Property profile

0 Vl Carpenter Rd Ashtabula, OH 44004

OFF-MARKET
Land
63 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire a substantial 63-acre residential land parcel located on VL Carpenter Rd in Ashtabula, Ohio, Ashtabula County, zip code 44004. This unique property presents itself as a prime development opportunity, featuring one large parcel and additional land already subdivided into individual lots. The asking price is $200,000, translating to $3,174.60 per acre, a price point positioned below both the appraised and tax assessed values, making this an attractive investment. The property's APN numbers are 480030001300, 180030001300, 480401000600, and 4804010007. While specific zoning information, future land use designations, and zoning restrictions are not currently available, the existing subdivision suggests potential for immediate development. The net usable acreage is 63 acres. This property is ideally suited for developers seeking a significant land acquisition in a desirable location. This is a rare opportunity to acquire a large parcel of land at a below-market price. Act quickly to secure this exceptional investment.

Property profile

Verified
Property type Land
Lot 63 ac (2,744,280 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Vl Carpenter Rd Ashtabula, OH 44004
Ashtabula metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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