2501 N Memorial Drive, Lancaster, OH 43130

$1,280,000
Property Type: Land/Farm Lot Size (sq. ft.): 106,722 Status: Closed
Current Price: $1,280,000 List Date: 7/19/2023 Last Modified: 2/28/2025

Overview

Description

High visibility corner in the Lancaster Commercial Corridor. Prime 2.446-acre of land with 6240 SF building at Ety Road and N. Memorial Drive. Surrounded by automobile dealers, retailers, restaurants and various other businesses including Hugh White Chevrolet, Buckeye Honda, Giant Eagle, Walmart, Menards, Kohls and FMC Medical Facility.

Listing Details MLS# 223012013

Location Property Info

Original List Price
1675000
Property Sub Type
Development
Street #
2501
Street PreDirection
N
Street Name
Memorial
Street Suffix
Drive
County
Fairfield
State
OH
Zip Code
43130
School District
LANCASTER CSD 2305 FAI CO.
Township
Greenfield

OfficeContract Info

MLS Entry Date
2023-04-28

General Property Info

Acreage
2.45
Residential Dwelling/Other Structure Y/N
No
# of Buildings
Yes
Building Sq Ft
6240
Year Built
1990
Built Prior to 1978
No

Tax Info

Parcel #
06-30001-800
Zoning
CG
Multiple Parcels
Yes
Addl Parcel Numbers
0630001900, 0630000600 and 0531373900.
Tax Year
2022
Tax Abatement
No
Taxes (Yrly)
16696

Status Change Info

Under Contract Date
2023-12-14
Sold Date
2024-05-29
Sold Price/Acre
522448.98

Auction Info

Auction/Online Bidding Y/N
No

More Information

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/Acre
683673.47
City (Mailing Addr)
Lancaster
Corp LimitPerAuditor
Lancaster

Office/Contract Info

For Sale
Yes
For Exchange
Yes
For Lease
No

Remarks & Misc

Property Description
High visibility corner in the Lancaster Commercial Corridor. Prime 2.446-acre of land with 6240 SF building at Ety Road and N. Memorial Drive. Surrounded by automobile dealers, retailers, restaurants and various other businesses including Hugh White Chevrolet, Buckeye Honda, Giant Eagle, Walmart, Menards, Kohls and FMC Medical Facility.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Frame
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Construction: Frame Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available MLS Primary PhotoSrc: Realtor Provided
Listing Office: Rise Realty
Listing Agent: Jeffrey A Sauer
Last Updated: February - 28 - 2025
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