Property summary
This single-story, 105,000 square foot shopping center in Lancaster, Ohio, offers a prime retail space totaling 6,870 contiguous square feet, with a minimum divisible space of 1,570 square feet. Located at 1627 N Memorial Dr, 43130, the property boasts excellent visibility and accessibility, situated on a high-traffic retail corridor with over 28,034 vehicles passing daily. The center enjoys strong co-tenancy with major retailers including Kroger Marketplace, HomeGoods, and PetSmart. Its strategic location within Lancaster's main shopping district places it near other significant national brands such as Target, Hobby Lobby, JCPenney, TJ Maxx, Dick's Sporting Goods, Walmart, Menards, Lowe's, Best Buy, and Cinemark, as well as numerous quick-service and full-service restaurants. Two full-movement, traffic-controlled curb cuts provide convenient access from N. Memorial Drive. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property is ideal for a variety of retail uses.
Property profile
VerifiedCap rate & NOI
Current use
-
Food Market Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight