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Property profile & analytics
OFF-MARKET
Industrial properties

1471 Sugar Grv SE Rd Lancaster, OH 43130-4863

8,160 SF 3.63 ac lot Built 2006
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-1298502
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2006
Construction STEEL FRAME
Total area 8,160 SF
Lot 3.63 ac (158,123 SF)
APN 054-52388.30
UPID US66-1298502
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
  • Superior Countertops Kitchen & Bath Showroom Interior Design
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
North Property Services II LLC · 3 yrs held
North Property Services II LLC
since 2022
Last sale
$450,000
4 recorded transactions
2022
$450,000
2009
Price N/A
2009
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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