0 Canal St Lancaster, OH 43130
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.