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Property profile

218 3Rd St Cardington, OH 43315

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

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

Location

218 3Rd St Cardington, OH 43315
Cardington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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