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    2020 Main St Lancaster, OH 43130

    Sponsored
    For Sale
    $300,000

    Prime 10.83-acre commercial lot in Lancaster, Ohio.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.83-acre commercial land parcel is strategically located at 2020 E Main St, Lancaster, Ohio, in Fairfield County (zip code 43130). The property presents a unique investment opportunity for developers and businesses seeking a substantial footprint in a thriving Ohio market. The site is conveniently situated and offers excellent visibility and accessibility. While an existing gas station is present on adjacent land, this sale specifically excludes the gas station itself. However, the current gas station owners are committed to providing convenient access to the property via their existing establishment, ensuring seamless integration for future development. The expansive acreage provides ample space for a wide range of commercial ventures, from retail and industrial projects to hospitality and mixed-use developments. This is a rare opportunity to acquire a significant land holding in a desirable location with established access points. The property's size and location make it an ideal candidate for large-scale commercial development. Buyers should conduct their own due diligence to confirm zoning and development possibilities. The asking price for this exceptional property is $300,000.

    Property Features for 2020 Main St

    General Information

    Property type
    Land
    Lot Size
    471,755 SF

    HighLights

    • $300,000 asking price.
    • 10.83‑acre commercial land parcel.
    • Located at 2020 E Main St, Lancaster, OH 43130.
    • Property excludes existing gas station; access will be provided by gas station owners.
    Property Profile Location Intelligence

    Current Use by Public Records

    Certified Oil Gas Station Marathon Gas Gas Station ATM (Certified Oil ... Auto Repair Shop LibertyX Bitcoin ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.554330307841
    Latitude
    39.715583403604

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    FAQs

    What type of property is this?
    Land - Prime 10.83-acre commercial lot in Lancaster, Ohio.
    Where is this land located?
    The property is located at 2020 Main St Lancaster, OH.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price.; 10.83-acre commercial land parcel.; Located at 2020 E Main St, Lancaster, OH 43130.
    (614) 358-2089
    Request Owner's contact information
    2020 Main St 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
    2020 Main St Lancaster, OH 43130
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