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Property profile & analytics
FOR SALE
Commercial land

1631 Hubbard Dr Lancaster, OH 43130

6,048 SF 0.98 ac lot Built 2010
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-2766883
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1631 Hubbard Drive in Lancaster, Ohio, presents a unique investment opportunity. The building sits on a 0-acre lot and offers significant potential for a variety of uses, making it ideal for both seasoned investors and those new to the commercial real estate market. The property's versatility allows for creative adaptation to suit a range of business needs. While the exact square footage is currently unavailable, the building's layout provides ample space for various configurations. The asking price of $159,900 represents a compelling entry point into the Lancaster commercial real estate market. Given its strategic location within Lancaster, this property benefits from excellent visibility and accessibility, ensuring strong potential for attracting customers and clients. The property's condition and specific internal features will require further due diligence and inspection by prospective buyers. This is a chance to acquire a well-situated mixed-use building with the potential for substantial returns. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The absence of specified square footage necessitates an on-site assessment to determine the precise dimensions and layout of the interior space. This property is being sold "as is."

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2010
Construction STEEL FRAME
Total area 6,048 SF
Lot 0.98 ac (42,776 SF)
APN 053-22231.00
UPID US66-2766883
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Srswm Holdings Ltd · 2 yrs held
Srswm Holdings Ltd
since 2024
5 recorded transactions
2024
Price N/A
2022
$109,000
2017
$65,000
2005
$90,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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