Property profile

839 Rockmill Rd Lancaster, OH 43130

OFF-MARKET
Land
Property ID
US66-2351338
Built 1997
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Property summary

AI-generated overview

Exceptional opportunity to acquire a meticulously maintained 10.65+/- acre horse farm in Lancaster, Ohio. This property boasts a substantial 13,000 square foot facility, complete with 20+ stalls, two tack rooms, a wash bay, and a conveniently located one-bedroom, one-bathroom trainer's apartment. The apartment features a shower stall, gas heat (propane ready), and central air conditioning. The kitchen is equipped with stainless steel appliances, and a picture window in the living room offers a view of the arena. Ample feed storage is available above the stalls at both ends of the indoor arena. The property includes a 60' x 120' indoor arena and an equally sized outdoor arena. A 700-foot gravel driveway provides convenient access. Utilities include a 200-amp underground electric service, a 260-foot deep well, and a septic sanitary system. The rear pasture and pond add to the property's idyllic setting. The total lot size is 463,914 square feet. Built in 1997, this property presents a unique blend of functionality and scenic beauty, ideal for equestrian enthusiasts and investors alike. The property is located at 839 Rockmill Road NW, Lancaster, OH 43130. A drastic price reduction makes this an attractive investment. Bring offers!

Property profile

Verified
Property type Land
Year built 1997
UPID US66-2351338

Cap rate & NOI

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

Location

839 Rockmill Rd Lancaster, OH 43130
Lancaster metro
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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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