1670 Riverview Dr Gallipolis, OH 45631
This exceptional 1.7-acre property at 1670 Riverview Drive in Gallipolis, Ohio, presents a unique investment opportunity. Boasting approximately 440 feet of prime river frontage, this mostly cleared lot offers significant development potential. The property includes a two-story, two-bedroom, one-bathroom home and an additional building, providing immediate income potential or potential for renovation. The 74,052 square foot lot is comprised of ten individual lots, crossing Riverview Drive and offering direct access to the river. Located in downtown Gallipolis, this site is just one block from the main road, providing excellent visibility and accessibility. Built in 1937, the existing structures offer a solid foundation for a variety of development scenarios. Consider this location for a multi-unit residential development taking advantage of the stunning river views, or explore the possibilities of a commercial venture with direct river access. The asking price for this remarkable property is $600,000. This is a rare chance to acquire a substantial riverfront parcel in a desirable Ohio location. Don't miss this chance to capitalize on this prime real estate.
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.