55988 Seneca Lake RdQuaker City, OH 43773

  • Golf courses & driving ranges
  • 1,811 SF
For Sale
$899,900 View listing

Property Details for 55988 Seneca Lake Rd

Construction
FRAME
Lot size
96.31 AC
Property size (Sq ft)
1,811 SF
Property type
Golf courses & driving ranges
APN
01-00-21-349.000
APU
10021349000

Description

Prime 96-acre commercially zoned property in Quaker City, Ohio, presents exceptional investment potential. The property boasts a 5,500 sq ft lodge with 13 bedrooms and 13 bathrooms, plus a 1,375 sq ft basement, ideal for an Airbnb, hotel, or resort near Seneca Lake. A 1,376 sq ft venue/bar/restaurant area, complete with a 1,750 sq ft attached pole barn and a 731 sq ft patio, offers versatile event space. The property's former use as a golf course suggests potential redevelopment, with additional acreage available. Significant road frontage on Seneca Lake Road (1,380 ft) and Palestine Ridge Road (800 ft) allows for potential subdivision and residential zoning. Proximity to Seneca Lake (1.8 miles) enhances its appeal as a vacation destination. The land features open fields, wooded areas, and ten well-maintained ponds. Rezoning possibilities exist to potentially lower taxes. Note that all mineral rights are not included in the sale. This property offers multiple income streams and significant upside for the discerning investor. Asking price: $899,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $394,218
    Hospitality
    $361,101
    Educational
    $300,432
    Medical
    $310,764
    Retail
    $467,339

Location Insight

City
Quaker City
County
Noble
State
Ohio
Latitude
39.9094
Longitude
-81.31

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,660
$33,290
$219,100
$252,390
-
$95,110
$626,000
$721,110

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