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    Walker Lk Rd Ontario, OH 44906

    For Sale
    $4,000,000

    Prime Development Opportunity: 10 Acres, Utilities Available

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 10-acre commercial property presents a prime development opportunity in Ontario, Ohio. Strategically located just three-quarters of a mile from the Route 30 interchange and a convenient 10 miles from Interstate 71, this site enjoys unparalleled access to major transportation arteries, placing it ideally between Columbus and Cleveland. The property boasts a highly desirable B2 zoning classification, opening doors to a wide range of potential commercial uses. All public utilities are readily available, simplifying development plans and minimizing upfront infrastructure costs. The location offers significant visibility due to its proximity to a traffic light. This substantial parcel presents a rare chance to establish a significant commercial presence in a thriving area. For those seeking an even larger footprint, two additional parcels are available for purchase. These parcels encompass five acres, a stocked pond, and an existing house, providing further expansion possibilities. The proximity to Mansfield Lahm Regional Airport adds another layer of appeal, particularly for businesses considering a corporate headquarters relocation or expansion. This is a truly unique opportunity to acquire a substantial and strategically located commercial property with significant growth potential. Serious inquiries are encouraged.

    Property Features for Walker Lk Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ontario
    County
    Richland County
    State
    Ohio
    Longitude
    -82.55196
    Latitude
    40.78368

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Development Opportunity: 10 Acres, Utilities Available
    Where is this commercial real estate located?
    The property is located at Walker Lk Rd Ontario, OH.
    What is the asking price?
    The asking price for this property is $4,000,000.
    (877) 539-7589
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Walker Lk Rd Ontario, OH 44906
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