0 Keyes Dr, Geneva, OH 44041
This exceptional offering presents 1.756 acres of prime vacant land in the desirable Geneva-on-the-Lake, Ohio. Located on Keyes Dr and Allen Dr, this property boasts stunning golf course frontage and is zoned for Resort District use, allowing for a diverse range of development possibilities. The versatile zoning permits residential and commercial projects, including but not limited to retail spaces, hospitality ventures, food and beverage establishments, cottages, multifamily dwellings (such as duplexes or triplexes), or single-family homes. Its strategic location just south of the vibrant Lake Road Strip ensures easy access to the area's numerous attractions, dining options, and entertainment venues. Geneva-on-the-Lake, Ohio's first summer resort, offers a unique blend of relaxation and excitement, attracting a steady stream of tourists and residents year-round. This presents a significant opportunity for investors seeking to capitalize on the area's thriving tourism and residential markets. The property's scenic golf course views add significant value and appeal to potential developments. The convenient road access and proximity to amenities make this a truly exceptional investment opportunity. The asking price for this remarkable property is $329,000. This is a rare chance to acquire a substantial parcel of land in a highly sought-after location with immense development potential. The property is situated in Ashtabula County, Ohio, with a zip code of 44041.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.