Ridgeview Ct Lancaster, OH 43130
- Land
Current Use by Public Records
- Land
Property Details for 0 Ridgeview Ct
- Property type
- Land
- Property subtype
- Apartment buildings
Description
Investors, seize this exceptional opportunity in Lancaster, Ohio! This 13,068 square foot lot, priced at $29,000, presents significant potential for multifamily development. Located on a quiet cul-de-sac on the city's east side, the property is surrounded by similar multi-unit residential buildings, such as duplexes and triplexes, suggesting a strong market for this type of development. The land is classified as both residential and multifamily, making it suitable for various projects. However, it is crucial for prospective buyers to independently verify local zoning regulations to confirm permitted uses and building codes. Furthermore, buyers are responsible for confirming the availability of essential utilities at the site. This property offers a compelling investment prospect for those seeking to capitalize on the growing demand for multifamily housing in a well-established residential area. The asking price represents a potentially attractive entry point into the Lancaster real estate market. Act quickly, as opportunities like this are rare. This is a land sale only; no existing structures are included.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Fairfield
- State
- Ohio
- Longitude
- -82.5593
- Latitude
- 39.738
