Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2405 Columbus St Lancaster, OH 43130

    • Medical offices
    • 76,509 SF
    • 7.21 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    Last Sale
    May 14, 2024
    $12,933,100
    Location Intelligence
    Property ID
    US66-1307976
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gital Patel, MD / Allergist
    • River Valley Sportsmed / Orthopedic Surgeon
    • Lancaster Sleep Diagnostic Center / Diagnostic Center
    • Montgomery Jason R / Physician Assistant / Medical Clinic
    • Central Ohio Neurological / Medical Clinic / Family Practice Physician

    Property Details for 2405 Columbus St

    Year built
    1997
    Lot size
    7.21 lot acres
    Property size
    76,509 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    053-22388.10
    APU
    532238810

    Description

    This exceptional multi-tenant medical office building in Lancaster, Ohio, presents a unique investment opportunity. Located at 2405 N Columbus St, 43130, this property boasts a total of 23,159 square feet, with significant space currently available for lease. Multiple suites are available, ranging from 1,490 square feet to a maximum contiguous space of 23,159 square feet. Currently, 15,797 square feet are vacant, offering flexibility for various medical practices. The building features a convenient parking ratio of 5 spaces per 1000 square feet. Specific suite availabilities include: Suite 110 (1,490 sq ft available for sublease), Suites 120, 150, and 160 (8,852 sq ft available November 1, 2023), Suite 140 (14,307 sq ft available for sublease), Suite 205 (4,271 sq ft available November 1, 2023), and Suite 235 (2,552 sq ft available). The property also benefits from recently renovated common areas and an on-site surgical center. Generous tenant improvement allowances are available, along with opportunities for custom build-outs to suit specific needs. This Fairfield County location provides excellent access and visibility. The property is categorized as a medical office building with multiple tenancies.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.6352
    Latitude
    39.7411
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $365,125
    $266,210
    $3,763,870
    $4,030,080
    -
    $760,600
    $10,753,920
    $11,514,520

    Comparable in this City

    • Value Estimation by Request
      4,302 SF

      1011 Fair Ave

      MEDICAL BUILDING • 4,302 SF
      1011 Fair Ave, Lancaster, OH 43130-2746
      View Details
    • Value Estimation
      $450,000
      10,400 SF

      1638 Memorial Dr

      MEDICAL BUILDING • 10,400 SF
      1638 Memorial Dr, Lancaster, OH 43130-1631
      View Details
    • Value Estimation
      $265,000
      7,480 SF

      1532 Wesley Way

      MEDICAL BUILDING • 7,480 SF
      1532 Wesley Way, Lancaster, OH 43130-7642
      View Details
    • Value Estimation
      $335,000
      2,682 SF

      850 Columbus St

      MEDICAL BUILDING • 2,682 SF
      850 Columbus St, Lancaster, OH 43130-2548
      View Details
    • Value Estimation
      $365,000
      9,751 SF

      121 Ewing St

      MEDICAL BUILDING • 9,751 SF
      121 Ewing St, Lancaster, OH 43130-3364
      View Details
    • Value Estimation
      $295,000
      5,000 SF

      1582 Main St

      MEDICAL BUILDING • 5,000 SF
      1582 Main St, Lancaster, OH 43130-3490
      View Details

    Similar Nearby for Sale

    • $355,000

      Stonington Village 55+ Community Home

      Move-in ready home in a peaceful 55+ community.
      1264 Stonehill Ln, Lancaster, OH 43130
      View Details
    • $2,650,000
      9,954 SF

      Lancaster Medical Office Investment Opportunity

      Single-tenant medical office building leased through 2032.
      1781 Countryside Dr, Lancaster, OH 43130
      View Details
    • New
      $324,900
      0.24 Acres

      Lancaster Mixed-Use Opportunity

      Versatile mixed-use building in Lancaster's thriving downtown corridor.
      846 E Main St, Lancaster, OH 43130
      View Details
    • $550,000

      Lancaster Commercial Land Opportunity

      Prime 1.25-acre pad-ready site, high traffic area.
      0 Columbus St, Lancaster, OH 43130
      View Details
    • $500,000
      3,914 SF

      Office Building Near Downtown

      3,914 SF office building, ample parking, monument signage.
      1973 E Main St, Lancaster, OH 43130
      View Details
    • $219,900
      1,410 SF

      Charming Three-Story Commercial/Residential Property

      Versatile property with original features, suitable for office or residential.
      324 E Main St, Lancaster, OH 43130
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      23,159 SF

      Lancaster Medical Office Building

      Prime Lancaster medical space available.
      2405 Columbus St, Lancaster, OH 43130
      View Details
    • $168 SF/Yr
      4,100 SF

      Lancaster Medical Office Building

      Modern Medical Office Space Available
      2656 Columbus St, Lancaster, OH 43130
      View Details
    • $132 SF/Yr
      51,000 SF

      East Main Street Office Space

      Lancaster, OH Office Building - High Visibility
      1145 Main St, Lancaster, OH 43130
      View Details
    • Contact for pricing
      30,000 SF

      Lancaster Office Space Available

      30,000 square feet of office space for rent.
      1432 NW Collins Rd, Lancaster, OH 43130
      View Details
    • $8 SF/Yr
      34,896 SF

      Downtown Lancaster Second-Floor Office Space

      Second-floor office space for lease in downtown Lancaster, Ohio.
      230 N Columbus St, Lancaster, OH 43130
      View Details
    • $16 SF/Yr
      15,948 SF

      New Lancaster Office Space Available

      New office buildings with build-to-suit options in Lancaster, OH.
      2656 N Columbus St, Lancaster, OH 43130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2405 Columbus St
    Lancaster, OH 43130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.