1471 Sugar Grv SE Rd Lancaster, OH 43130-4863
This exceptional single-tenant office building, located at 1471 Sugar Grove Road SE in Lancaster, Ohio, presents a significant opportunity. The property boasts a substantial 18,960 square feet of space, ideal for a variety of business needs. Situated on a generous 3.63-acre lot, the building offers ample parking and room for expansion. The interior features a large, open reception/work area, perfect for collaborative environments or a dynamic office layout. Three additional private offices provide space for executive suites or departmental separation, offering flexibility for different organizational structures. The property's address is 1471 Sugar Grove Road SE, Lancaster, OH 43130, with a cross street of Ewing. The property's APN is 05-45238-830. This location provides easy access to major transportation routes, making it convenient for employees and clients alike. The building's single-tenant occupancy simplifies management and provides a stable income stream for investors. This is a rare opportunity to acquire a substantial, well-located office building in a thriving Ohio market. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a prominent and functional workspace. The expansive layout and strategic location make this property an attractive investment prospect.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.