Property profile

1911 Fair Ave Lancaster, OH 43130

OFF-MARKET
Outlet malls
Property ID
US66-1377314
8,940 SF 2.73 ac lot Built 2006
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2006
Construction STEEL FRAME
Total area 8,940 SF
Lot 2.73 ac (118,919 SF)
APN 053-10100.20
UPID US66-1377314

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
  • Bank Credit Union
  • Discount Store

Location

1911 Fair Ave Lancaster, OH 43130-9671
Lancaster metro Census 31600 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$530k
Comparable Approach Comparable
$993k
Blend (final) Blend
$395k

Owner & transaction history

since 2017
3 recorded transactions
2017
$700,000
2007
$771,429
2006
$200,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $995,000 +11.0%

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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