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    Mohican Dr Canal Winchester, OH 43110

    Sponsored
    For Sale
    $158,000

    Prime residential land, 2.87 acres, R-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 125,017.2 square foot parcel of land presents a remarkable opportunity for residential development in the desirable Canal Winchester, Ohio area. Located at 0 Mohican Drive, 43110, this 2.87-acre site is ideally suited for condo or patio home construction. Currently zoned R-3, the property offers significant potential. The city of Canal Winchester is supportive of rezoning to PRD, opening up further development possibilities. This prime location places the property in the heart of Canal Winchester, offering convenient access to local amenities, schools, and transportation routes. The expansive lot size provides ample space for a substantial residential project. The asking price of $158,000 represents a compelling investment opportunity for developers seeking to capitalize on the growing demand for residential housing in this thriving community. Detailed zoning information and city support documentation are readily available upon request. This is a rare chance to acquire a significant land parcel in a highly sought-after location. Don't miss this opportunity to build your next successful residential development.

    Property Features for 0 Mohican Dr

    General Information

    Property type
    Land

    HighLights

    • $158,000 asking price.
    • 125,017.2 sq ft lot size.
    • 2.87‑acre residential land parcel in Canal Winchester, Ohio.
    • Currently zoned R‑3; city may support PRD rezoning.
    • Ideal for condo/patio home development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canal Winchester
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8157932
    Latitude
    39.8413541

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    FAQs

    What type of property is this?
    Land - Prime residential land, 2.87 acres, R-3 zoning.
    Where is this land located?
    The property is located at Mohican Dr Canal Winchester, OH.
    What is the asking price?
    The asking price for this property is $158,000.
    What are key features of this property?
    This property features: $158,000 asking price.; 125,017.2 sq ft lot size.; 2.87-acre residential land parcel in Canal Winchester, Ohio.
    Request Owner's contact information
    Mohican Dr Canal Winchester, OH 43110
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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
    Mohican Dr Canal Winchester, OH 43110
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