3929 Columbus Lancaster Rd Carroll, OH 43112
This exceptional 10.39-acre property in Carroll, Ohio, presents a unique investment opportunity. Boasting nearly a quarter-mile of frontage on Route 33, between Lancaster and Carroll, this high-visibility location offers unparalleled exposure. The property includes four parcels, two of which feature single-family residences currently generating rental income. One residence also includes a 30x40 heated pole building. The main 10.39-acre parcel is vacant land zoned B-1 in Greenfield Township. Multiple access points are available via Route 33 and Old Columbus Road, including 100 feet of frontage on Old Columbus Road. The total land area encompasses 564,973.2 square feet. Prospective buyers are responsible for verifying their ability to build, obtaining necessary permits, and confirming zoning and usage regulations. The sellers are open to participating in a 1031 exchange. This property offers significant potential for various commercial uses and immediate rental income. The asking price is $1,299,000.
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
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.