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    OFF-MARKET
    Commercial real estate

    10285 Lancaster Rd, Hebron, OH 43025-9487

    1,590 SF 0.64 ac lot Built 1963
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US66-0705418
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Refugee Road Partners III Corp · 6 yrs held
    Refugee Road Partners III Corp
    since 2019
    5 recorded transactions
    2019
    $160,000
    2019
    2011
    $750,000
    2009
    2007
    $161,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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