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Property profile & analytics
OFF-MARKET
Land

0 Canal St Lancaster, OH 43130

Property ID
Property summary
AI-generated overview

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.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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