23769 Oh-327 Laurelville, OH 43135
This exceptional 38-acre property in Laurelville, Ohio, presents a unique investment opportunity. Located at 23769 OH-327, the land boasts a substantial 1,655,280 square feet and offers a blend of wooded and open areas. A portion of the land near State Route 327 is flat and previously held a home site, making it ideal for development. The property enjoys approximately 1,000 feet of road frontage, providing excellent accessibility. A creek runs along the property near State Route 327, adding to its natural beauty. The land gradually inclines towards a ridge, offering diverse terrain. Existing trails allow for easy exploration of the property. The property's proximity to Tar Hollow State Forest is a significant advantage, offering recreational opportunities and scenic views. Available utilities include Ross County Water, electricity, and septic. The property is conveniently located just 15 miles from Old Man's Cave, a popular tourist destination. Real estate markers delineate the approximate boundaries along the road frontage. This versatile land presents numerous possibilities for residential, recreational, or commercial development. The asking price is $259,900. Don't miss this chance to own a substantial piece of Ohio land.
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.