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Property profile

0 Slocum Ave Lancaster, OH 43130

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Slocum Ave Lancaster, OH 43130
Lancaster metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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