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Property profile & analytics
OFF-MARKET
Commercial real estate

Hester St Norwalk, OH 44857

0.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.2-acre commercial lot presents a rare opportunity in the heart of Norwalk, Ohio. Situated at the highly visible corner of Hester and Monroe Streets, this property boasts unparalleled exposure to significant foot and vehicle traffic. Its prime location places it in close proximity to a thriving cluster of established businesses, including Sherri's Coffeehouse, IVY, Norwalk Gathering, Profiles Hair Salon, and Lindsey Schilling Orthodontics, ensuring high visibility and potential for strong customer traffic. The lot's size offers considerable flexibility for a variety of commercial developments, making it ideal for entrepreneurs seeking a high-impact location to establish their business. The property is zoned for general commercial use, allowing for a wide range of possibilities. This is an exceptional chance to acquire a strategically positioned commercial lot in a vibrant and growing community. The asking price of $115,000 represents a compelling investment opportunity in a desirable location with significant potential for future growth and return. Serious inquiries are encouraged to explore the possibilities this property offers. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Commercial real estate
Lot 0.2 ac (8,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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