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    1631 Hubbard Dr Lancaster, OH 43130

    Sponsored
    For Sale
    $159,900

    Vacant Land, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42,688.8 square foot vacant lot presents a unique opportunity for investors and developers. Located in Lancaster, Ohio's northwest business district, this property sits on a desirable cul-de-sac at 1631 Hubbard Drive, zip code 43130. The land is zoned for light industrial use, offering significant potential for a variety of commercial ventures. All utilities are conveniently accessible directly from Hubbard Drive, simplifying development plans and reducing infrastructure costs. The nearly one-acre parcel provides ample space for construction, expansion, or storage. Its prime location within the thriving business district ensures high visibility and easy access to transportation routes, making it an attractive investment for businesses seeking a strategic foothold in Lancaster. The asking price for this exceptional property is $159,900. This represents a compelling investment opportunity given the land's size, zoning, and location within a dynamic commercial area. Serious inquiries are encouraged to explore the possibilities this property offers. The property address is 1631 Hubbard Drive, Lancaster, OH 43130.

    Property Features for 1631 Hubbard Dr

    General Information

    Property type
    Specialty properties

    HighLights

    • $159,900 asking price.
    • Special purpose property.
    • 42,688.8 square foot lot.
    • Located at 1631 Hubbard Drive, Lancaster, OH 43130.
    • Light industrial zoning.
    • Utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.640329
    Latitude
    39.746701

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    FAQs

    What type of property is this?
    Specialty property - Vacant Land, Light Industrial Zoning
    Where is this specialty property located?
    The property is located at 1631 Hubbard Dr Lancaster, OH.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: $159,900 asking price.; Special purpose property.; 42,688.8 square foot lot.
    Request Owner's contact information
    1631 Hubbard Dr Lancaster, OH 43130
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    Lancaster, OH 43130
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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
    1631 Hubbard Dr Lancaster, OH 43130
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