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Property profile & analytics
OFF-MARKET
Specialty properties

1153 Main St Lancaster, OH 43130

51,000 SF 11.8 ac lot Built 1952
Property ID
Property summary
AI-generated overview

This exceptional 51,000-square-foot single-tenant office building at 1153 East Main Street in Lancaster, Ohio, presents a unique investment opportunity. Situated on 11.8 acres of land, this one-story building, constructed in 1952, boasts a 16-foot ceiling height and offers versatile space suitable for various uses, including traditional, medical, and creative office settings. Currently, 14,913 square feet are vacant, providing significant expansion potential. The property features ample parking (25+ spaces), convenient front and rear access, and is handicap accessible. Its prime location on the Main Street corridor ensures high visibility and foot traffic, with nearby establishments including Kroger and Fairfield Medical Center. The property is zoned commercial and benefits from three-phase power. An adjacent 5,613-square-foot space is available for potential combination, offering even greater flexibility. Property taxes are $0 per square foot. This property is ideal for a variety of businesses, including retail, restaurants, medical practices, professional offices, and more. The address is 1153 E Main St, Lancaster, OH 43130, and is cross-street accessible via Goslin and Della Streets.

Property profile
Verified
Property type Specialty properties
Year built 1952
Total area 51,000 SF
Lot 11.8 ac (514,008 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
Current use
Occupant on record · Public records
  • Mr. Daniel Disalvo Physician
  • Parker James M MD Physician
  • Anita Thompson, CNP Physician
  • Dr. Safdar Khan Physician
  • Dr. Avneet Hira Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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