0 Slocum Ave Lancaster, OH 43130
This exceptional 137,214 square foot commercial land parcel presents a remarkable investment opportunity in Lancaster, Ohio. Located at 0 Slocum Avenue, this property boasts over 450 feet of frontage on Slocum Avenue, near West Fair Avenue, providing excellent visibility and accessibility. Zoned Commercial General (CG), the site allows for a diverse range of uses, including retail establishments, commercial recreation facilities, and more. Special exceptions permit vehicle sales and temporary structures like contractor trailers and offices. The property's strategic location places it within Lancaster's thriving commercial corridor, offering convenient access to Memorial Drive (US-33A). While the property is situated within the 100-year floodplain as indicated by Fairfield County Auditor maps, potential buyers are responsible for confirming the suitability and obtaining necessary approvals for their intended use. Detailed information regarding the floodplain designation is available upon request. This significant land holding offers substantial potential for development and represents a compelling opportunity for investors seeking a prime location in a growing market. The asking price is $230,000. Further details are available upon request.
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.