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    Property profile & analytics

    1877 Chestnut St Lancaster, OH 43130-5116

    • Residential income homes
    • 2,838 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US66-0705010
    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

    • Residential income homes

    Property Details for 1877 Chestnut St

    Year built
    1977
    Construction
    STEEL FRAME
    Lot size
    0.17 lot acres
    Property size
    2,838 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    053-61901.00
    APU
    536190100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $310,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $305,000
      Mixed-Use
      $330,000
      Hospitality
      $340,000
      Educational
      $360,000
      Residential Income
      $280,000
      Energy
      $340,000
      Income-Based Land
      $330,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.6326
    Latitude
    39.7133
    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
    $2,368
    $7,970
    $18,170
    $26,140
    -
    $22,760
    $51,910
    $74,670

    Comparable in this City

    • Value Estimation by Request
      2,384 SF

      275 Hamburg SW Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,384 SF
      275 Hamburg SW Rd, Lancaster, OH 43130-9040
      View Details
    • Value Estimation by Request
      2,448 SF

      908 Un St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,448 SF
      908 Un St, Lancaster, OH 43130-0088
      View Details
    • Value Estimation
      $300,000
      2,254 SF

      724 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,254 SF
      724 Main St, Lancaster, OH 43130-3936
      View Details
    • Value Estimation
      $300,000
      1,110 SF

      923 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,110 SF
      923 Main St, Lancaster, OH 43130-4060
      View Details
    • Value Estimation
      $230,000
      3,000 SF

      721 Maywood Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,000 SF
      721 Maywood Ave, Lancaster, OH 43130-2530
      View Details
    • Value Estimation
      $300,000
      1,156 SF

      539 5th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,156 SF
      539 5th Ave, Lancaster, OH 43130-2976
      View Details

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    Similar Nearby for Lease

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      Retail Space in Lancaster, OH

      Retail space available in Lancaster, Ohio, near Columbus.
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      Lancaster Retail Space For Rent

      Retail space available for lease in Lancaster, Ohio.
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      Land for Rent Lancaster, OH

      Land available for rent in Lancaster, Ohio.
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    • $14 SF/Yr
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      Lancaster Medical Office Building

      Prime Lancaster medical space available.
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    1877 Chestnut St
    Lancaster, OH 43130-5116
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    Realmo Value Estimation

    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.

    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.

    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
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