400 Virginia Ridge Rd Philo, OH 43771
This exceptional 222,156 square foot (just over 5 acres) property in Philo, Ohio, presents a unique opportunity for outdoor enthusiasts and investors alike. Situated in Muskingum County, this land offers convenient access to recreational activities. It's located less than a mile from the Muskingum River, providing easy access for boating and fishing. Furthermore, it's a short 7-minute drive to Blue Rock State Park, offering a wealth of additional recreational opportunities. The property is approximately 25 minutes from Zanesville, providing access to amenities and services. The topography is characterized by a steep incline leading to a ridgetop, offering potentially stunning views. Access to the property is via a shared driveway. Please note that the annual property taxes are approximately $271. Mineral rights have been previously reserved. This property is being offered at an attractive asking price of $35,000. This is a rare opportunity to acquire a sizable parcel of land in a desirable location. Don't miss out!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.