250 Main St Mount Gilead, OH 43338-9501
This exceptional 8.034-acre property, located at 250 S Main Street in Mount Gilead, Ohio, presents a unique investment opportunity. Situated on State Route 61/US Route 42, the property boasts high visibility and accessibility, making it ideal for a variety of uses. The land features diverse contours, including trees and open fields, offering flexibility in development plans. City utilities are readily available, simplifying infrastructure needs. The property's zoning is currently a mix of residential and business classifications, further enhancing its potential. Its strategic location offers excellent exposure to significant traffic volume along the main thoroughfare of Mount Gilead. The proximity to Interstate 71 (less than 8 miles) provides convenient access to major transportation routes. This substantial parcel presents a rare chance to acquire a large, versatile tract of land in a desirable Ohio location. The lot size is 349,786.8 square feet. The asking price is $375,000. This property is zoned for both residential and business uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.