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Property profile & analytics
OFF-MARKET
Mixed-use properties

12219 Lancaster St Millersport, OH 43046

1,824 SF 0.17 ac lot Built 2022
Entity Owned 1-yr Hold
Property ID
US66-4086086
Property summary
AI-generated overview

This exceptional mixed-use building, constructed in 2022, presents a unique investment opportunity in the vibrant Buckeye Lake area. Located at 12219 Lancaster Street, Millersport, OH, this 1,824 square foot property sits on a 0.17-acre lot and is ideally situated to capitalize on the area's thriving tourism and residential communities. The building boasts high ceilings and an overhead door, offering significant flexibility for a variety of commercial ventures. Its commercial zoning allows for diverse business uses, making it an attractive prospect for entrepreneurs. The proximity to Buckeye Lake suggests several potential uses, including a gourmet deli or specialty grocery store catering to local residents and tourists. The high volume of water sports enthusiasts in the area also presents opportunities for businesses renting or selling equipment such as paddle boards, kayaks, or boating supplies. Alternatively, the space could be adapted as an event or specialty gathering space, or a boutique offering home goods or lifestyle products. The building's modern construction and prime location combine to create a compelling investment opportunity with strong potential for return. The asking price is $430,000.

Property profile
Verified
Property type Mixed-use properties
Year built 2022
Total area 1,824 SF
Lot 0.17 ac (7,405 SF)
UPID US66-4086086
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Millersport Flowers (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wfb & Associates LLC · 1 yrs held
Wfb & Associates LLC
since 2024
4 recorded transactions
2024
$372,000
2022
Price N/A
2021
$68,500
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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