Hester St Norwalk, OH 44857
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.