Technical
Financial
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Property profile

0 Canal St Lancaster, OH 43130

OFF-MARKET
Land
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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

Location

Canal St Lancaster, OH 43130
Lancaster metro
Google Maps

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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