Property summary
This exceptional 6.19-acre commercial lot presents a remarkable investment opportunity in Lancaster, Ohio. Ideally situated near State Route 33, this prime location offers unparalleled visibility and accessibility within a vibrant commercial district. The property is surrounded by a thriving mix of established retail businesses, restaurants, and other commercial enterprises, ensuring high traffic and customer exposure. A key feature is a picturesque pond, adding a unique aesthetic element and potential for creative landscaping or incorporation into a development plan. The expansive acreage allows for a wide range of development possibilities, from retail centers and office spaces to hospitality ventures or a mixed-use development combining various commercial functions. The property's strategic location and substantial size make it an ideal platform for a significant commercial project, promising substantial returns for the discerning investor. The high-traffic area and proximity to State Route 33 guarantee excellent visibility and accessibility for any business established on this land. This is a rare opportunity to acquire a large, well-located parcel in a thriving Ohio market, ready for immediate development. The existing infrastructure and surrounding commercial activity provide a solid foundation for a successful venture. The potential for a unique and attractive development, enhanced by the presence of the pond, is a significant advantage in this competitive market. This property is priced at $1,250,000 and offers a compelling return on investment for developers seeking a high-impact project in a prime location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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