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    2 Long Pt Kelleys Island, OH 43438

    • Land
    • 6.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Long Pt

    Lot size
    6.45 lot acres
    Property type
    Land

    Description

    This exceptional 6.45-acre commercial land parcel presents a rare investment opportunity on Kelley's Island, Ohio. Boasting approximately 1700 feet of stunning beachfront along the west side, this property offers breathtaking sunset views. Located within the gated Long Point area on the north end of the island, the property includes submerged land leases already in place for a marina. The marina plan encompasses a 200' x 150' area with a depth of 6 feet, accommodating 10 boat slips. This expansive waterfront property is ideal for a variety of uses, including a family resort, corporate retreat, or other high-end development. The nearly half-mile of shoreline provides unparalleled access to Lake Erie. The APN is 5401959000. The asking price for this unique and potentially lucrative investment is $1,475,000. Given its size, location, and existing marina lease, this property represents a truly exceptional and likely once-in-a-lifetime opportunity. The address is 2 Long Point, Kelleys Island, OH 43438. This is a remarkable chance to acquire a significant piece of Kelley's Island's coveted waterfront.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kelleys Island
    County
    Erie
    State
    Ohio
    Longitude
    -82.7077
    Latitude
    41.6041

    Comparable in this City

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      4.73 Acres

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      Division

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      Division

      VACANT COMMERCIAL LAND • 3.79 Acres
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      Edgewood

      VACANT COMMERCIAL LAND • 0.20 Acres
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      5.15 Acres

      Division

      VACANT COMMERCIAL LAND • 5.15 Acres
      Division, Kelleys Island, OH 43438
      View Details
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    2 Long Pt
    Kelleys Island, OH 43438
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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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