Back 2501 North Memorial Drive
Off Market

2501 North Memorial Drive

Lancaster OH 43130

106722 sq. ft.
Land
Last sold for $1,280,000
Jeffrey SauerJeffrey Sauer, last sold this property on 29 May 2024 after 396 days on market.

Overview

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.

Features

106722 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lancaster over the last 12 months, the estimated median property value of 2501 North Memorial Drive is $100k.

Median value
$100k
Estimated value range
$6k - $1.25m
Median days on market
45
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lancaster. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2501 North Memorial Drive

2024
Sold
$1,280,000
29 May 2024 by Jeffrey Sauer, of Rise Realty
2021
Sold
$1,200,000
10 Jul 2021 by Jeffrey Sauer, of Keller Williams Greater Cols

Happy sellers in Lancaster

92%
92% of sellers in Lancaster reported that their sale price either exceeded or met their price expectations.

Lancaster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Lancaster over the last 12 months.

Local market activity for land plots in Lancaster

In the last 12 months, 40 land plots similar to 2501 North Memorial Drive, have been sold.

This represents a 5% increase in land plots sales when compared to the previous 12 months.

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