Technical
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Property profile

218 3Rd St Cardington, OH 43315

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.06-acre parcel, located at 218 S 3rd Street in the Village of Cardington, Ohio, presents a unique opportunity for development or investment. The property boasts a generous 46,173.6 square feet of land, providing ample space for a variety of projects. A significant advantage is the presence of existing water and sewer taps, eliminating the need for costly infrastructure upgrades and streamlining the development process. The lot is enhanced by mature trees, adding to its aesthetic appeal and potential for landscaping. Cardington offers a charming small-town atmosphere with convenient access to a range of amenities, including parks, a public pool, a library, and a local winery. The property's proximity to downtown Cardington allows easy participation in the town's many festivities. Its location in Morrow County, Ohio, with a zip code of 43315, provides a desirable address within a thriving community. The asking price for this exceptional property is $59,500. This is a rare opportunity to acquire a well-situated, ready-to-develop lot in a desirable Ohio village.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

218 3Rd St Cardington, OH 43315
Cardington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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