Back to Search
Property profile & analytics
OFF-MARKET
Retail space
1281 Granville NE Pike Lancaster, OH 43130-1032
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0262179
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
STEEL FRAME
Total area
4,920 SF
Lot
1.5 ac (65,340 SF)
APN
027-00512.20
UPID
US66-0262179
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
-
Neeley's Pumpkins & Gourds Food Processing Plant
-
Lancaster Greenhouse & New Leaf Market Garden Center
-
Lancaster Greenhouse & Nursery Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
New Leaf Market LLC · 4 yrs held
New Leaf Market LLC
since 2022
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,778
Tax year 2023
Assessed value
$72,840
Assessed 2023
Previous assessed
$72,840
+0.0% YoY
Effective rate
9.31%
On assessed value
Assessed land
$19,330
Assessed improvement
$53,510
Land market value
$55,240
Improvement market value
$152,890
Total market value
$208,130
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
YES
Stories
2
Total area
4,920 SF
Lot
1.5 ac (65,340 SF)
APN
027-00512.20
UPID
US66-0262179
Jurisdiction
FAIRFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
STEEL FRAME
Heating
YES
Stories
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
New Leaf Market LLC
Entity
Mailing address
1281 GRANVILLE PIKE NE, LANCASTER, OH 43130-1032
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2023
—
New Leaf Market LLC
—
Deed
related
$345,000 · Kemba Financial Credit Union INC
Feb 3, 2023
—
New Leaf Market LLC
—
Deed
related
$75,000 · Kemba Financial Credit Union INC
Oct 13, 2022
—
New Leaf Market LLC
—
Deed
related
$320,000 · Kemba Financial Credit Union INC
Jun 21, 2022
$400,000
New Leaf Market LLC
Lg&n Realty LLC
Warranty Deed
$320,000 · Kemba Financial Credit Union INC
Apr 3, 2007
—
Lg & N Realty LLC
Allen,rob & Jill
Warranty Deed
—
—
—
Lg & N Realty LLC
—
Deed Of Trust
related
$155,146 · Glouster Community Bank
—
—
Lg & N Realty LLC
—
Deed Of Trust
related
$179,000 · First Fed'l S & L Assn Newark
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1281 Granville NE Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
