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    Hester St Norwalk, OH 44857

    For Sale
    $115,000

    Prime location, high visibility, 0.2 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.2-acre commercial lot presents a rare opportunity in the heart of Norwalk, Ohio. Situated at the highly visible corner of Hester and Monroe Streets, this property boasts unparalleled exposure to significant foot and vehicle traffic. Its prime location places it in close proximity to a thriving cluster of established businesses, including Sherri's Coffeehouse, IVY, Norwalk Gathering, Profiles Hair Salon, and Lindsey Schilling Orthodontics, ensuring high visibility and potential for strong customer traffic. The lot's size offers considerable flexibility for a variety of commercial developments, making it ideal for entrepreneurs seeking a high-impact location to establish their business. The property is zoned for general commercial use, allowing for a wide range of possibilities. This is an exceptional chance to acquire a strategically positioned commercial lot in a vibrant and growing community. The asking price of $115,000 represents a compelling investment opportunity in a desirable location with significant potential for future growth and return. Serious inquiries are encouraged to explore the possibilities this property offers. Act quickly, as opportunities like this are rare.

    Property Features for Hester St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Norwalk
    County
    Huron
    State
    Ohio
    Longitude
    -82.6165
    Latitude
    41.2419

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high visibility, 0.2 acres.
    Where is this commercial real estate located?
    The property is located at Hester St Norwalk, OH.
    What is the asking price?
    The asking price for this property is $115,000.
    (567) 424-6185
    Request Owner's contact information
    Hester St Norwalk, OH 44857
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    Norwalk, OH 44857
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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
    Hester St Norwalk, OH 44857
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