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    Property profile & analytics

    1004 Fair Ave Lancaster, OH 43130-2349

    • Office buildings
    • 2,040 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Jul 31, 2024
    $95,000
    Location Intelligence
    Property ID
    US66-5832522
    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

    • Psychic Center / Psychic

    Property Details for 1004 Fair Ave

    Year built
    1929
    Lot size
    0.12 lot acres
    Property size
    2,040 SF
    Property type
    Office buildings
    APN
    053-10265.00
    APU
    531026500

    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
    -82.6176
    Latitude
    39.7243
    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
    $4,047
    $6,510
    $38,160
    $44,670
    -
    $18,610
    $109,020
    $127,630

    Comparable in this City

    • Value Estimation by Request
      1,320 SF

      510 Maple St

      OFFICE BUILDING (MULTI-STORY) • 1,320 SF
      510 Maple St, Lancaster, OH 43130-4486
      View Details
    • Value Estimation
      $180,000
      4,106 SF

      422 Columbus St

      OFFICE BUILDING (MULTI-STORY) • 4,106 SF
      422 Columbus St, Lancaster, OH 43130-3033
      View Details
    • Value Estimation
      $80,000
      468 SF

      2479 Crawfis SE Rd

      OFFICE BUILDING (MULTI-STORY) • 468 SF
      2479 Crawfis SE Rd, Lancaster, OH 43130-9032
      View Details
    • Value Estimation by Request
      4,967 SF

      115 Fair Ave

      OFFICE BUILDING (MULTI-STORY) • 4,967 SF
      115 Fair Ave, Lancaster, OH 43130-1804
      View Details
    • Value Estimation
      $375,000
      3,360 SF

      1981 Granville Pike

      OFFICE BUILDING (MULTI-STORY) • 3,360 SF
      1981 Granville Pike, Lancaster, OH 43130-1046
      View Details
    • Value Estimation by Request
      8,664 SF

      5185 Lithopolis NW Rd

      OFFICE BUILDING (MULTI-STORY) • 8,664 SF
      5185 Lithopolis NW Rd, Lancaster, OH 43130-7985
      View Details

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    Similar Nearby for Lease

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      New Lancaster Office Space Available

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    • New
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    • 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
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    1004 Fair Ave
    Lancaster, OH 43130-2349
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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
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