Property profile

201 S Broad St Lancaster, OH 43130

FOR SALE
Retail space
Property ID
US66-1277699
33,756 SF 0.15 ac lot Built 1913
Trust Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a retail space located in an area that has nearby shopping centers and local parks. It is served by accessible public transportation and is positioned with convenient access to major highways, supporting connectivity to other parts of the city.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1913
Construction STEEL FRAME
Total area 33,756 SF
Lot 0.15 ac (6,351 SF)
APN 053-50387.00
UPID US66-1277699

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
  • Advocacy Group Social Service Agency
  • Church
  • Church
  • Radio Station Telecommunications Service
  • Hair Salon Nail Salon

Location

201 S Broad St Lancaster, OH 43130
Lancaster metro Census 32000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2022
Last sale
$499,000
3 recorded transactions
2022
$499,000
2019
Price N/A
2017
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message