Property profile

12661 Fallsburg Rd Frazeysburg, OH 43822

OFF-MARKET
Land
Property ID
US66-2464405
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Property summary

AI-generated overview

This exceptional 48-acre property in Frazeysburg, Ohio, presents a unique investment opportunity. Located at 12661 Fallsburg Road, Licking County, zip code 43822 (40.2144513, -82.1962811), this expansive land parcel (2,090,880 square feet) offers a multitude of possibilities. Ideal for outdoor enthusiasts, the property boasts abundant wildlife, making it a prime location for hunting. The secluded acreage also presents the potential for building a new home, offering the tranquility of rural country living. Adding to its appeal are two oil wells, along with mineral rights and royalties. Note that the free gas and royalty check availability is not guaranteed. This sale includes only parcel A (the 48 acres); a separate parcel B (10 acres with existing house and barn) is not included. To ensure a smooth transaction, a new survey will be completed before closing. The Licking County Planning Commission has already approved a road/driveway variance. This property is listed at $564,000.

Property profile

Verified
Property type Land
UPID US66-2464405

Cap rate & NOI

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

Location

12661 Fallsburg Rd Frazeysburg, OH 43822
Frazeysburg 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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