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Property profile & analytics
OFF-MARKET
Land

3929 Columbus Lancaster Rd Carroll, OH 43112

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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