Property profile

1301 1336 Ety Pointe Dr Dr Lancaster, OH 43130

OFF-MARKET
Mixed-use properties
6.19 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Mixed-use properties
Lot 6.19 ac (269,636 SF)

Cap rate & NOI

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

Location

1301 1336 Ety Pointe Dr Dr Lancaster, OH 43130
Lancaster 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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