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Ground Lease Development Parcel
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2687 N Memorial Dr, Lancaster, OH 43130

2.83 acres with 315 feet of Memorial Drive frontage and utilities in place for commercial buildout.

Space SizeContact for details
Lot Size2.83 Acres
Days on Market104

Property Features for 2687 N Memorial Dr

General Information

Standard status Active
Lot size 2.83 Acres
Property subtype LAND

Additional Details

Utilities to Site Yes

Spaces For Lease

at 2687 N Memorial Dr
Land Parcel in Lancaster OH - 2.83 AC AVAILABLE
Type LAND
Rate Contact for pricing
Well-Situated & Ready For Development! Parcel is 2.83 usable acres available for ground lease. Excellent visibility from N. Memorial Dr. Commercial zoning for buildings up to 12,000 SF. Situated on a busy thoroughfare in Lancaster, OH. Located in front of a Super Walmart shopping center and adjacent to a Max & Erma’s restaurant. Frontage on N. Memorial Drive is 315 feet. Parcel ID# 063 0001 000. All utilities already in place. Property also available For Sale. Please call for more information!
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Listing Agency: Crest Commercial Realty
Listed By: Joshua Waltmann · License #2023003449
Source: Moodyscre
Added: Jun 25 Changed: Sep 28 Last Checked: Oct 5 at 8:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crest Commercial Realty

Investment Insights

Based on property information with market context.

This listing offers a ground lease development parcel totaling 2.83 usable acres, positioned for a tenant to build on-site. The property is described as ready for development, and all utilities are already in place to support construction and site operations. Commercial zoning is in effect, with the ability to support buildings up to 12,000 SF.

The parcel has excellent visibility from N. Memorial Dr. and features 315 feet of frontage along the thoroughfare. It is located in front of a Super Walmart shopping center and adjacent to a Max & Erma’s restaurant, placing it within an active commercial corridor in Lancaster, OH.

For users seeking a controlled ground lease with development flexibility, this site is designed to support a new commercial building within the stated zoning parameters. The combination of usable acreage, substantial road frontage, and existing utilities can help streamline early planning and site preparation for a qualified operator or developer. The property is also available for sale, and additional details are available upon request.

Key Highlights

  • 2.83 usable acres available for ground lease
  • 315 ft of frontage on N. Memorial Dr.
  • Excellent visibility from N. Memorial Dr.

Property Analytics

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Current Use

Woodforest National Bank Bank Subway Take-out & Catering ecoATM Recycling Center Walmart Pharmacy Pharmacy Walmart Vision & Glasses Physician

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Dental Office Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby

Demographics for 43130, OH

62,010
Population
26,434
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
164.5 sq mi
ZIP Area
377
Density / Sq Mi
$68,242
Median Household Income
$43,936
Median Earnings
$1,031
Median Rent
$215,900
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.83 acres with 315 feet of Memorial Drive frontage and utilities in place for commercial buildout.
Where is this commercial land located?
The property is located at 2687 N Memorial Dr Lancaster, OH.
What are key features of this property?
This property features: 2.83 usable acres available for ground lease; 315 ft of frontage on N. Memorial Dr.; Excellent visibility from N. Memorial Dr.
(937) 613-3929 Call to check price and availability
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