Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Mixed-use properties

    1373-1375 18 Ave, Lancaster, OH 43211

    15,100 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a six-property portfolio located in Columbus and Lancaster, Ohio. The portfolio comprises a diverse mix of property types, including two single-family homes, one condominium, one mixed-use building, one duplex, and one quadplex. These properties are currently generating a substantial net operating income (NOI) of approximately $85,527, representing a compelling 7.2% capitalization rate. The total square footage across all six properties is 15,100, with an asking price of $1,200,000, resulting in a price per square foot of $79.47. The portfolio boasts a 93% occupancy rate, indicating strong tenant demand and consistent rental income. Due to existing tenant occupancy, showings are contingent upon an accepted purchase offer. While offers on individual properties will be considered, the seller strongly prefers to sell the entire portfolio as a single unit. This presents a rare opportunity to acquire a stabilized, income-producing portfolio in a desirable Ohio market. The properties are strategically located across multiple addresses in Columbus and Lancaster, offering a diversified investment strategy. This portfolio is ideal for investors seeking a high-yield, low-risk investment with significant potential for future appreciation. Detailed financial statements and property-specific information are available upon request.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 15,100 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1373-1375 18 Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message