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    Property profile & analytics

    11985 Lancaster St Millersport, OH 43046

    • Turn key restaurants
    • 4,092 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Jul 19, 2021
    $350,000
    Location Intelligence
    Property ID
    US66-2798040
    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

    • Millersport Insurance Co. / Insurance Agency
    • Edward B. Jones, DDS / Doctor
    • Millersport Coffee / Coffee Shop

    Property Details for 11985 Lancaster St

    Year built
    1962
    Construction
    STEEL FRAME
    Lot size
    0.22 lot acres
    Property size
    4,092 SF
    Property type
    Turn key restaurants
    APN
    051-03639.10
    APU
    510363910

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $335,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $340,000
      Mixed-Use
      $300,000
      Hospitality
      $350,000
      Educational
      $320,000
      Residential Income
      $295,000
      Energy
      $405,000
      Income-Based Land
      $325,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Millersport
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5353
    Latitude
    39.8984
    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
    $5,798
    $12,040
    $71,030
    $83,070
    -
    $34,400
    $202,930
    $237,330

    Comparable in this City

    • Value Estimation
      $430,000
      2,182 SF

      2977 Greenlawn NE Ave

      RESTAURANT • 2,182 SF
      2977 Greenlawn NE Ave, Millersport, OH 43046-8011
      View Details
    • Value Estimation
      $305,000
      6,275 SF

      3430 Bank NE Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,275 SF
      3430 Bank NE Rd, Millersport, OH 43046-9718
      View Details
    • Value Estimation
      $205,000
      960 SF

      2426 Blacklick Eastern NE Rd

      TAKE-OUT RESTAURANT • 960 SF
      2426 Blacklick Eastern NE Rd, Millersport, OH 43046-1103
      View Details
    • Value Estimation by Request
      0.14 Acres

      12350 Lancaster St

      PARKING GARAGE, PARKING STRUCTURE • 0.14 Acres
      12350 Lancaster St, Millersport, OH 43046-5032
      View Details
    • Value Estimation
      $580,000
      6,400 SF

      2474 Blacklick Eastern NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      2474 Blacklick Eastern NE Rd, Millersport, OH 43046-1103
      View Details
    • Value Estimation
      $335,000
      6,686 SF

      12101 Lancaster St

      FINANCIAL BUILDING • 6,686 SF
      12101 Lancaster St, Millersport, OH 43046-5012
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,824 SF

      Buckeye Lake Retail Opportunity

      Recently constructed retail space near Buckeye Lake.
      12219 Lancaster St, Millersport, OH 43046
      View Details
    • $300,000

      Millersport Land: 78,408 SF Lot

      Ohio vacant land, ideal for development.
      10047 Loop Rd, Millersport, OH 43046
      View Details
    • $49,999
      0.17 Acres

      Buckeye Lake Corner Lot

      0.17-acre corner lot near Buckeye Lake amenities.
      NE Cir Rd S, Millersport, OH 43046
      View Details
    • $300,000
      1.80 Acres

      Vacant Land in Millersport, OH

      1.8 acres of vacant land for sale in Millersport.
      10047 Loop Rd, Millersport, OH 43046
      View Details
    • $700,000
      12.57 Acres

      Land in Millersport, Ohio

      12.5 acres of land ready for development.
      Loop Rd, Millersport, OH 43046
      View Details
    • $300,000
      2.86 Acres

      Vacant Land in Millersport, OH

      2.86 acres of vacant land for sale.
      10047 Loop Rd, Millersport, OH 43046
      View Details
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    11985 Lancaster St
    Millersport, OH 43046
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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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