Property profile

10285 Lancaster Rd Hebron, OH 43025

OFF-MARKET
Commercial real estate
Property ID
US66-0705418
1,590 SF 0.64 ac lot Built 1963
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 24.2-acre commercial land parcel presents a unique investment opportunity in Hebron, Ohio. Strategically located with quick and easy access to I-70, this property boasts multiple development possibilities. Currently zoned commercial, it's ideally suited for a variety of uses, including retail, hotel, or industrial projects. The property's proximity to Buckeye Lake adds significant appeal. Comprising two parcels (APN: 073-331248-01, 073-330996-00), this expansive site offers considerable flexibility. The price per acre is negotiable, particularly for buyers interested in splitting the property. Located at 10285 Lancaster Road, Hebron, OH 43025, this land offers a compelling blend of location, size, and zoning potential. Its prime location and versatile zoning make it an attractive proposition for developers seeking a significant land acquisition in a rapidly growing area. The property's convenient access to major transportation routes ensures excellent connectivity and accessibility for future businesses and residents. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Total area 1,590 SF
Lot 0.64 ac (27,878 SF)
APN 073-331248-01.000
UPID US66-0705418

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10285 Lancaster Rd Hebron, OH 43025-9487
Hebron metro Census 759101 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2019
5 recorded transactions
2019
$160,000
2019
Price N/A
2011
$750,000
2009
Price N/A
2007
$161,000

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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