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Military Rd

44.12 Acres of Commercial Land Offered at £2,347,350 in Zanesville, OH 43701

Executive Summary

Critical housing shortage and a record sales year add up to a "Prime Opportunity" for a Developer looking for a well thought out, turn key project. This development is located adjacent to Zanesville Country Club, on Military Road in close proximity to Northpointe Drive, a five lane connector road running from SR 146 to Maple Avenue, Zanesville's prime retail corridor. The addition of Northpointe Drive has spurred commercial development along its corridor including Northpointe Surgical Suites, Bayer Heritage Federal Credit Union, BP / Duchess Shop as well as a new proposed medical building and Senior Living Community. Menards has recently purchased 43 acres on Northpointe Drive to develop Zanesville's newest home Improvements Store adjacent to Sams Club and Lowes Improvement Store. Kroger Marketplace is within 1 mile as is Genesis Hospital and many other amenities.. 50 minutes to Columbus via I 70 and only 40 minutes to Intel's proposed $20 billion + chip manufacturing plant.

Data Room Click Here to Access

Property Facts

Price £2,347,350
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 44.12 AC

1 Lot Available

Lot

Price £2,347,350
Price Per AC £53,204
Lot Size 44.12 AC

Adjacent to Zanesville Country Club and surrounded by well established neighborhoods, this 44.12 acres is located close to shopping, dining and other services. Partially deforested with roads cut and seeded. All due Diligence included.

Description

Originally designed as a high end retirement community, this thoughtful design uses much of the existing topography and vegetation in order to minimize excavation and deforestation requirements. Many area professionals have had a hand in creating this 44.12 acre 118 unit Condominium Project which is teed up and ready to go. This comprehensive design outlines roads and housing and includes a Community Center with cart paths connecting to Country Club amenities, Roads have been roughed in and seeded. Some preliminary deforestation has been completed and Site Investigations are offered to Purchaser at no additional charge. Due Diligence Materials include, Phase I Environmental Assessment, Wetlands Delineation and Jurisdictional Stream Location as well as Soil testing, Geological and Archeological Literature Review and Site Survey outlining Utility Easements and Set Back Requirements. All Utilities are available to the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 44-52-01-04-001
  • 86-26-02-06-001
Land Assessment
£1,035,839
Improvements Assessment
£0
Total Assessment
£1,035,839

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 25074148

  • Date on Market: 17/02/2022

  • Last Updated:

  • Address: Military Rd, Zanesville, OH 43701

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