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    Property profile & analytics

    116 Columbus St Lancaster, OH 43130-3762

    • Investment properties
    • 2,777 SF
    OFF-MARKET
    Value Estimation
    $285,000
    Last Sale
    Mar 07, 2025
    Location Intelligence
    Property ID
    US66-1817679
    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

    • Investment properties

    Property Details for 116 Columbus St

    Year built
    1900
    Construction
    STEEL FRAME
    Property size
    2,777 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    053-52391.00
    APU
    535239100

    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
    -82.6044
    Latitude
    39.7141
    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
    $2,259
    $2,710
    $22,220
    $24,930
    -
    $7,750
    $63,480
    $71,230

    Comparable in this City

    • Value Estimation by Request
      8,320 SF

      500 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,320 SF
      500 High St, Lancaster, OH 43130-3155
      View Details
    • Value Estimation
      $120,000
      4,029 SF

      437 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,029 SF
      437 Broad St, Lancaster, OH 43130-3029
      View Details
    • Value Estimation
      $80,000
      1,982 SF

      745 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,982 SF
      745 Main St, Lancaster, OH 43130-3937
      View Details
    • Value Estimation
      $230,000
      2,971 SF

      2366 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,971 SF
      2366 Main St, Lancaster, OH 43130-9307
      View Details
    • Value Estimation
      $280,000
      1,768 SF

      537 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,768 SF
      537 Main St, Lancaster, OH 43130-3809
      View Details
    • Value Estimation
      $215,000
      3,168 SF

      1461 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,168 SF
      1461 Main St, Lancaster, OH 43130-4011
      View Details

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    116 Columbus St
    Lancaster, OH 43130-3762
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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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