Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Olde Rdg Ave Lancaster, OH 43130

    Sponsored
    For Sale
    $425,000

    Prime Agricultural & Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 25.03-acre property presents a unique investment opportunity in Lancaster, Ohio's desirable River Valley Highlands area. The land is comprised of two parcels: an 18.8-acre parcel located on Greencrest Way (APN 0532274700) and a 6.23-acre parcel situated on Olde Ridge Avenue (APN 0532274820). Zoned for both agricultural and residential use, this versatile land offers significant potential for development. The Greencrest Way parcel has the potential for up to 66 lots, while the Olde Ridge Avenue parcel could accommodate approximately 14 lots. The asking price is $425,000, translating to approximately $7,000 per acre. Conveniently located within a mile of major retailers, financial institutions, and restaurants, this property enjoys excellent accessibility and proximity to amenities. The property is served by the Lancaster Central School District, making it an attractive location for families. This is a rare opportunity to acquire a substantial land holding in a thriving Ohio community with diverse development possibilities. The property's dual zoning allows for a variety of uses, from agricultural pursuits to residential subdivision. Serious inquiries are encouraged. The legal description includes APN numbers 0532274700 and 0532274820. The address is Olde Ridge Ave, Lancaster, OH 43130.

    Property Features for 0 Olde Rdg Ave

    General Information

    Property type
    Farms
    Lot Size
    1,090,307 SF

    HighLights

    • River Valley Highlands prime location.
    • $7,000 per buildable lot.
    • 18.8‑acre parcel (66 potential lots) at 0 Greencrest Way, Parcel ID 0532274700.
    • 6.23‑acre parcel (14 potential lots) at 0 Olde Ridge Avenue, Parcel ID 0532274820.
    • Located in the desirable Lancaster Central School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.623882
    Latitude
    39.744536

    Nearby Similar for Sale

    • $99,999
      0.17 Acres

      Lancaster Duplex Investment Opportunity

      Duplex with two-bedroom units and full basements, requires repairs.
      510 W Wheeling St, Lancaster, OH 43130
      View Details
    • New
      $225,000
      0.18 Acres

      Lancaster Duplex: Investment Opportunity

      Duplex in Lancaster, perfect for investors or owner-occupants.
      720 W Hubert Ave, Lancaster, OH 43130
      View Details
    • $350,000
      1,260 SF

      High Profile Corner Retail Property

      Eastside Lancaster corner property near medical offices and Fairfield Medical Center.
      1301 E Main St, Lancaster, OH 43130
      View Details
    • $1,725,000

      100+ Acre Rustic Estate

      Two homes on 100+ acres with multiple outbuildings.
      4300 Bis Rd SW, Lancaster, OH 43130
      View Details
    • New
      $324,900
      0.24 Acres

      Lancaster Mixed-Use Opportunity

      Versatile mixed-use building in Lancaster's thriving downtown corridor.
      846 E Main St, Lancaster, OH 43130
      View Details
    • $2,650,000
      9,954 SF

      Lancaster Medical Office Investment Opportunity

      Single-tenant medical office building leased through 2032.
      1781 Countryside Dr, Lancaster, OH 43130
      View Details
    • $219,900
      1,410 SF

      Charming Three-Story Commercial/Residential Property

      Versatile property with original features, suitable for office or residential.
      324 E Main St, Lancaster, OH 43130
      View Details
    • $3,000,000
      14,478 SF

      NNN Leased Walgreens For Sale

      NNN leased Walgreens in high-traffic retail corridor.
      859 E Main St, Lancaster, OH 43130
      View Details
    • $1,274,515
      10,640 SF

      Dollar General NNN Investment Opportunity

      NNN Dollar General in Columbus, OH MSA with zero responsibilities.
      1950 E Main St, Lancaster, OH 43130
      View Details
    • $355,000

      Stonington Village 55+ Community Home

      Move-in ready home in a peaceful 55+ community.
      1264 Stonehill Ln, Lancaster, OH 43130
      View Details
    • Contact for pricing
      381,872 SF

      Lancaster Food Manufacturing Facility

      Established food manufacturing facility with expansion potential on 118.62 acres.
      3775 Lancaster New Lexington Rd Southeast, Lancaster, OH 43130
      View Details
    • $299,000
      3,443 SF

      Lancaster Office Warehouse For Sale

      Office warehouse with showroom, suitable for retail or office.
      120 W 6Th Ave, Lancaster, OH 43130
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Agricultural & Residential Land
    Where is this farm located?
    The property is located at Olde Rdg Ave Lancaster, OH.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: River Valley Highlands prime location.; $7,000 per buildable lot.; 18.8-acre parcel (66 potential lots) at 0 Greencrest Way, Parcel ID 0532274700.
    Request Owner's contact information
    Olde Rdg Ave Lancaster, OH 43130
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Olde Rdg Ave
    Lancaster, OH 43130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Olde Rdg Ave Lancaster, OH 43130
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.