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    Mixed-use properties

    1301 1336 Ety Pointe Dr Dr, Lancaster, OH 43130

    6.19 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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