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Property profile & analytics
OFF-MARKET
Commercial real estate

9885 Franchester Rd Lodi, OH 44254

13.34 ac lot
Individually Owned 6-yr Hold
Property ID
US66-0876851
Property summary
AI-generated overview

This exceptional 13.344-acre parcel of land, located at 9885 Franchester Road in Lodi, Ohio, presents a unique investment opportunity. Situated in Medina County, Ohio, with a zip code of 44254, this property is identified by APN 01314C30004|2. The expansive lot offers significant potential for various development projects, given its size and location. The asking price for this special-purpose land is $260,000. Its geographical coordinates are 41.0035553 latitude and -82.0331574 longitude. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and potential development possibilities. The property's classification as "Special Purpose" suggests a range of potential uses, making it an attractive option for developers seeking a substantial land holding in a desirable Ohio location. Further investigation into the specific permitted uses for this land is recommended. This is a rare opportunity to acquire a significant land parcel in a growing area, offering substantial potential for future returns. Serious inquiries are welcome.

Property profile
Verified
Property type Commercial real estate
Lot 13.34 ac (581,265 SF)
APN 01314C30004|2
UPID US66-0876851
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
Thaddeus S Steppenbacker · 6 yrs held
Thaddeus S Steppenbacker
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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