Property profile

1621 Memorial Dr Lancaster, OH 43130

OFF-MARKET
Super regional malls
Property ID
US66-2464785
24,268 SF 12.29 ac lot Built 1978
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1978
Total area 24,268 SF
Lot 12.29 ac (535,352 SF)
APN 053-10109.12
UPID US66-2464785

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Recycling Center Waste Management Facility
  • Medical Clinic
  • Cinema (Bike/Boat/Book/etc) Store
  • Cafe & Coffee Shop

Location

1621 Memorial Dr Lancaster, OH 43130-1632
Lancaster metro Census 32000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$867k
Blend (final) Blend
$730k

Owner & transaction history

since 2015
6 recorded transactions
2021
Price N/A
2015
$8.8M
2010
Price N/A
2007
Price N/A
2004
$7.0M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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