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Property profile & analytics
OFF-MARKET
Commercial real estate

255 Cleveland Ave Lancaster, OH 43130

Property ID
US66-2007293
Property summary
AI-generated overview

This exceptional .68-acre residential lot, located at 255 Cleveland Avenue in Lancaster, Ohio, presents a rare opportunity for development. Boasting a generous 29,620.8 square feet of mostly level land, this property offers significant potential. The lot features two partial driveways and an existing shed, providing a convenient starting point for construction. The rear and one side of the property are attractively tree-lined, offering a degree of privacy and natural beauty. All municipal utilities are available, although buyers are responsible for verifying availability and permitted uses. Conveniently situated within city limits, this property enjoys easy access to Route 33 and is in close proximity to the vibrant downtown area of Lancaster. The property's zoning and permitted uses must be verified by the buyer. This is an ideal opportunity for those seeking to build a new home in a desirable location with established infrastructure. The asking price for this remarkable property is $49,000. Don't miss out on this chance to acquire a substantial building lot in a thriving Ohio community. The zip code is 43130.

Property profile
Verified
Property type Commercial real estate
UPID US66-2007293
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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