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Property profile & analytics
OFF-MARKET
Land

0 Canal St Lancaster, OH 43130

Property ID
Property summary
AI-generated overview

This exceptional 0.27-acre commercial land parcel presents a unique investment opportunity in Lancaster, Ohio. Located on Canal Street, this vacant lot boasts a highly desirable location directly across from the American Legion Post 11, ensuring high visibility and potential for significant foot traffic. The property is zoned for commercial use, opening doors to a wide range of development possibilities. Adding to its appeal, the Nine Mile Community Trail borders the southern property line, providing convenient access for residents and visitors alike. The proximity to the Hocking River further enhances the property's natural beauty and recreational appeal. This is a rare chance to acquire a strategically positioned lot in a thriving community, ideal for entrepreneurs and developers seeking to establish a new business or expand existing operations. The asking price is $164,900, making it an attractive investment with considerable upside potential. The property's address is Canal St, Lancaster, OH 43130, within Fairfield County. This location offers easy access to local amenities and major transportation routes. Don't miss this chance to secure a prime piece of commercial real estate in a growing market.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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