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    341 Knollwood Dr Lancaster, OH 43130

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 341 Knollwood Dr

    Property type
    Land

    Description

    This exceptional 0.435-acre residential building lot, located at 341 Knollwood Drive NE in Lancaster, Ohio, presents a fantastic opportunity for new construction. Situated on a quiet cul-de-sac, this above-street-level lot boasts excellent drainage. The property features a generous 18,730.8 square feet of land, offering ample space for a new home. The lot is zoned R, and utilities are readily available, including city water, gas, and AEP electric. Prospective buyers should contact the Fairfield County Health Department for specific information regarding septic system requirements. The property's APN is 05-34144-200, and its location within the 43130 zip code provides convenient access to local amenities and services. Priced at $35,000, this represents a land value of $83,333 per acre. Don't miss this chance to build your dream home in a desirable Lancaster neighborhood.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5443
    Latitude
    39.721

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    341 Knollwood Dr
    Lancaster, OH 43130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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