0 Canal St Lancaster, OH 43130
This exceptional 54,014.4 square foot commercial land parcel presents a unique development opportunity in Lancaster, Ohio. Located at 0 Canal Street, this vacant lot is ideally situated across the street from American Legion Post 11, offering high visibility and convenient access. The property boasts commercial zoning, allowing for a wide range of development possibilities. Its strategic location provides significant advantages for businesses seeking high-traffic exposure. Furthermore, the property benefits from its proximity to the Nine Mile Community Trail, bordering the southern property line and the Hocking River, adding to its appeal and potential for attracting a diverse clientele. The asking price for this prime commercial land is $164,900. This represents a compelling investment opportunity for developers and entrepreneurs looking to capitalize on the growing Lancaster market. The property's size and location make it suitable for a variety of commercial ventures, from retail spaces to light industrial uses. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to acquire a significant piece of Lancaster's commercial real estate landscape. This property is ready for your vision.
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
Similar Nearby for Lease
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.