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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 Market59

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 Contact us

Land Parcel in Lancaster OH - 2.83 AC

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE
Well-Situated & Ready For Development! Parcel is 2.83 usable acres available for...
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Listing Agency: Crest Commercial Realty
Listed By: Joshua Waltmann · License #2023003449
Source: Moodyscre
Added: Jun 25 Changed: Aug 9 Last Checked: Aug 21 at 8:17AM

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

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 Hair Salon HVAC Service 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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