Property profile

1021 Memorial Dr Lancaster, OH 43130

OFF-MARKET
Retail space
Property ID
US66-1997646
13,704 SF 1.21 ac lot Built 2002
Trust Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Construction STEEL FRAME
Total area 13,704 SF
Lot 1.21 ac (52,708 SF)
APN 053-12188.00
UPID US66-1997646

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tanning Salon
  • Mobile Phone Store Electronics & Wireless Store
  • Auto Parts Store
  • Restaurant
  • (Bike/Boat/Book/etc) Store

Location

1021 Memorial Dr Lancaster, OH 43130-1770
Lancaster metro Census 32000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$810k
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$365k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.5M +11.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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