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    Land

    0 Eaton Rd, Portland, OH 45770

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    Property summary
    AI-generated overview

    This exceptional 1,437,480 square foot property in Portland, Ohio, presents a unique opportunity for a variety of uses. Located at 0 Eaton Road, Meigs County, OH 45770 (38.9798144, -81.8263151), this expansive land parcel boasts gorgeous rolling terrain, featuring a ravine, open fields, and a pine tree forest planted in 2006. Ideal for those seeking a private homesite, hunting land, or a hillside farm, the property offers ample space for development and recreation. The land is currently being offered for sale separately, but there is an option to purchase it along with an adjacent 60-acre parcel and existing dwelling across the road. Note that the sale of this 1,437,480 square foot parcel does not include mineral rights, as the gas supply for the home at 51795 Eaton Road is separate. However, mineral rights would transfer if this land is purchased in conjunction with the adjacent property and dwelling. This remarkable property offers a blend of natural beauty and development potential, making it an attractive investment for discerning buyers. The property is zoned for residential use.

    Property profile
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    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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