218 3Rd St Cardington, OH 43315
This exceptional 46,173.6 square foot lot, located at 218 S 3rd Street in Cardington, Ohio, presents a unique investment opportunity. Priced at $60,000, this 1.06-acre parcel boasts mature trees and the significant advantage of existing water and sewer taps already in place, saving considerable development costs. The property's convenient location within the Village of Cardington offers easy access to a variety of amenities, including parks, a public pool, a library, and a local winery. The vibrant downtown area is easily accessible, perfect for enjoying the many community events and festivals Cardington hosts. Please note that a mobile home is situated on the property, but it is uninhabitable and its condition is unknown. Entry to the property requires prior arrangement. This land presents a compelling opportunity for residential or commercial development, offering a blend of convenience, established infrastructure, and a charming small-town setting in Morrow County, Ohio, zip code 43315. The property's coordinates are 40.496108 latitude and -82.9009839 longitude.
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.