0 Columbus Lancaster Rd Carroll, OH 43130
This exceptional 3.26-acre commercial land parcel in Lancaster, Ohio, presents a remarkable investment opportunity. Located at 0 Columbus-Lancaster Road (Memorial Drive), the property boasts a highly desirable location with exceptional visibility and accessibility. Zoned Commercial General (CG), this pad-ready site offers immediate development potential. The lot features all turning movements directly off the four-lane Memorial Drive, ensuring convenient access for customers and employees. Its strategic position provides unparalleled exposure, situated next to a Lowe's and adjacent to a 90,000 square foot medical center complex. Furthermore, the property enjoys a prime location directly across the street from the River Valley Mall, placing it within a thriving retail corridor. Nearby businesses include Bob Evans, Olive Garden, White Castle, Kohl's, Menards, Super Walmart, and Giant Eagle, indicating a strong and established commercial presence. The property's APN is 05-32239-420, and it's situated in Fairfield County, Ohio, with a zip code of 43130. The asking price for this exceptional opportunity is $1,100,000. Don't miss this chance to secure a premier commercial location in a high-traffic area with significant growth potential.
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
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Property description
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No recorded transactions found for this property.
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Risks
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