Property Description

Opportunity awaits with this 11.73Â± acre residential development site, consisting of two parcels totaling 8.06 acres and 3.67 acres, located in Section 2 of the Brentwood Subdivision.In 2003, engineering work was completed for this section, including the layout of streets, water, sewer, and a conceptual plan for up to 39 residential lots. This plan was previously approved by the City of Lancaster; however, approvals have since expired and will require updating and re-approval by the City of Lancaster.City utilities including gas, water, and sewer are available adjacent to the property, providing a strong foundation for future development. No on-site improvements have been madeâ??there are currently no installed roads, water lines, or sewer lines.This property presents an excellent opportunity for builders, developers, or investors looking to create a residential subdivision in an established area with nearby municipal utilities.Buyer to perform all due diligence regarding zoning, development feasibility, utility access, and required approvals.

0 Tiki Lane | MLS# 226003100

This land located at 0 Tiki Lane , Lancaster, OH 43130 is currently listed for sale with an asking price of $460,000. The property has approximately 8.06 Acres. Tiki Lane is located within the LANCASTER CITY school district. Search Lancaster real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Land - Residential

Days on Market: 40

Lot Size: 8.06 Acres

Taxes: $1,128

Feature Descriptions

Parcel #: 05-34009-210

Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer, Gas

Local Schools

School District: LANCASTER CITY

Demographics

Fairfield County Demographic Information for 0 Tiki Lane , Lancaster, OH 43130

Fips

Fips Code 39045

Population

2020 to 2023 Change up 4.1%

2010 Count 146,156

2020 Count 158,921

2023 Estimate (V2023) 165,360

2020 Estimate (V2023) 158,908

Age Distribution (Years Old)

0 to 4 5.7%

5 to 17 23.6%

18 to 64 53.9%

65 and Older 16.8%

Gender

Male 50.0%

Female 50.0%

Place of Birth

Foreign 4.1%

US 95.9%

Education

High School Graduate, Age 25+ 93.9%

Bachelor's Degree or Higher, Age 25+ 31.1%

Computer and Internet use

Households with a computer 94.5%

Households with a broadband Internet subscription 89.2%

Language

English is Second Language, Age 5+ 5.0%

English is First Language, Age 5+ 95.0%

Veterans

Veterans 9,179

Income

Per Capita Income $38,783

Median Household Income $82,969

People in Poverty 8.8%

Commute

Average Work Commute Time 28 minutes

Housing

Total Housing Units 64,207

Households 58,723

Average Household Size 2.66

Owner-Occupied 74.9%

Multi-Family 15.4%

Owner-Occupied Median Value $247,800

Median selected monthly owner costs -with a mortgage $1,599

Median selected monthly owner costs -without a mortgage $613

Median gross rent $1,042

Building Permits

New Private Housing Issued 2023 439

Years at Residence

1 Year or More 88.7%

Less Than 1 Year 11.3%

Business and Employment

Private non-farm Establishments 2,737

Private non-farm Employment 35,677

Private non-farm Employment Growth down 1.0%

Nonemployer Establishments 12,265

Number of Firms 11,556

Business Production

Value of Shipments $1,121,644,000

Wholesale Trade $0

Retail Trade $1,966,556,000

Retail Sales Per Capita $11,384

Accommodation and Food Services $252,325,000

Land

Land Area 504.41 sq. miles

Population Per Square Mile 290

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,472.51 per month $2,244.34 Principal & Interest $94.00 Property Tax $134.17 Homeowner's Insurance

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0 Tiki Lane Lancaster, OH 43130