Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    135 Ewing St Lancaster, OH 43130-3382

    • Hospitals
    • 0.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2769277
    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

    • Women's Comprehensive Health Center: Laurianne Scott, DO / Physician
    • Fairfield Healthcare Professionals Neurology / Medical Clinic
    • Fairfield Internal Medicine - Central Ohio Primary Care / Medical Clinic
    • Southeast Ohio Sleep Disorders / Physician
    • Delphia Maureen A MD / Physician

    Property Details for 135 Ewing St

    Lot size
    0.20 lot acres
    Property type
    Hospitals
    APN
    053-50099.00
    APU
    535009900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5772
    Latitude
    39.7158
    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
    $0.00
    $1,420
    $2,030
    $3,450
    -
    $4,070
    $5,810
    $9,880

    Comparable in this City

    • Value Estimation by Request
      1.48 Acres

      2685 Horns Ml SE Rd

      HOSPITAL - PRIVATE • 1.48 Acres
      2685 Horns Ml SE Rd, Lancaster, OH 43130-8292
      View Details
    • Value Estimation by Request
      18.50 Acres

      Logan Lancaster SE Rd

      HOSPITAL - PRIVATE • 18.50 Acres
      Logan Lancaster SE Rd, Lancaster, OH 43130
      View Details
    • Value Estimation by Request
      0.00 Acres

      Maher Ave

      HOSPITAL - PRIVATE • 0.00 Acres
      Maher Ave, Lancaster, OH 43130
      View Details
    • Value Estimation by Request
      0.31 Acres

      Harmon Ave

      HOSPITAL - PRIVATE • 0.31 Acres
      Harmon Ave, Lancaster, OH 43130
      View Details
    • Value Estimation by Request
      0.19 Acres

      151 Harmon Ave

      HOSPITAL - PRIVATE • 0.19 Acres
      151 Harmon Ave, Lancaster, OH 43130
      View Details
    • Value Estimation by Request
      1,260 SF

      274 Sells Rd

      HOSPITAL - PRIVATE • 1,260 SF
      274 Sells Rd, Lancaster, OH 43130-3461
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Stonington Village 55+ Community Home

      Move-in ready home in a peaceful 55+ community.
      1264 Stonehill Ln, Lancaster, OH 43130
      View Details
    • Contact for pricing

      Land Available in Lancaster, OH

      Land available with strong population and income demographics.
      N Memorial Dr, Lancaster, OH 43130
      View Details
    • Contact for pricing

      Lancaster Land: Jefferson Ave Lot

      Prime 5,227 sq ft Ohio Land Parcel
      0 Jefferson Ave, Lancaster, OH 43130
      View Details
    • $295,000

      Industrial Land South of Main

      4.65 acre industrial land parcel for sale.
      403 S Ewing St, Lancaster, OH 43130
      View Details
    • Contact for pricing

      Vacant Agricultural Land Opportunity

      Vacant agricultural land near downtown Lancaster, OH.
      Greencrest Way, Lancaster, OH 43130
      View Details
    • $300,000
      10.83 Acres

      Lancaster Commercial Land - 10 Acres

      Prime 10.83-acre commercial lot in Lancaster, Ohio.
      2020 Main St, Lancaster, OH 43130
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      23,159 SF

      Lancaster Medical Office Building

      Prime Lancaster medical space available.
      2405 Columbus St, Lancaster, OH 43130
      View Details
    • $168 SF/Yr
      4,100 SF

      Lancaster Medical Office Building

      Modern Medical Office Space Available
      2656 Columbus St, Lancaster, OH 43130
      View Details
    • $14 SF/Yr
      12,584 SF

      Medical Office Building For Lease

      Multi-tenant medical office building with surgical center and renovated common areas.
      2405 North Columbus St, Lancaster, OH 43130
      View Details
    • Contact for pricing
      30,000 SF

      Lancaster Office Space Available

      30,000 square feet of office space for rent.
      1432 NW Collins Rd, Lancaster, OH 43130
      View Details
    • $132 SF/Yr
      51,000 SF

      East Main Street Office Space

      Lancaster, OH Office Building - High Visibility
      1145 Main St, Lancaster, OH 43130
      View Details
    • $8 SF/Yr
      34,896 SF

      Downtown Lancaster Second-Floor Office Space

      Second-floor office space for lease in downtown Lancaster, Ohio.
      230 N Columbus St, Lancaster, OH 43130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    135 Ewing St
    Lancaster, OH 43130-3382
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!