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    1185-1259 Memorial Dr Lancaster, OH 43130

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    For Lease
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    1,200 SF retail space in a prominent retail corridor.

    Property size:
    1,200 SF
    Lot size:
    19.68 Acres

    Property Features for 1185-1259 Memorial Dr

    General Information

    Size
    1,200 SF
    Lot size
    19.68 Acres

    Source: Goodman Real Estate Agent Zachary Sogoloff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Lancaster Corridor

    This property offers a 1,200 square foot retail space, formerly a hair salon, within a larger 20,546 square foot development on 0.75 acres available for ground lease. Located in Lancaster's prominent retail corridor, the property benefits from its proximity to Planet Fitness, Furniture Bank, Family Dollar, AutoZone, Rent-A-Center, and Ollie’s Bargain Outlet. The location is further enhanced by neighboring major retailers, including Kroger, Target, T.J.Maxx, HomeGoods, and the 52-acre River Valley Mall. A nearby $30 million Fairfield Medical Center, featuring 85,000 square feet of medical offices and outpatient and emergency care services, contributes to the area's high traffic. Pylon signage is available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.6113852
    Latitude
    39.7264356

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    FAQs

    What type of property is this?
    Retail space - 1,200 SF retail space in a prominent retail corridor.
    Where is this retail space located?
    The property is located at 1185-1259 Memorial Dr Lancaster, OH.
    What are key features of this property?
    This property features: - Located in Lancaster's prominent retail corridor.; - Join established retailers such as Planet Fitness, Family Dollar, AutoZone and Ollie’s Bargain Outlet.; - Neighboring major retailers include Kroger, Target, T.J.Maxx, and HomeGoods.
    (216) 381-8200
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    1185-1259 Memorial Dr Lancaster, OH 43130
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    Lancaster, OH 43130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1185-1259 Memorial Dr Lancaster, OH 43130
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