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Property profile & analytics
OFF-MARKET
Office buildings
2150 Joye SE Ln, Lancaster, OH 43130-9461
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0791014
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
STEEL FRAME
Total area
7,920 SF
Lot
3.32 ac (144,706 SF)
APN
004-02677.00
UPID
US66-0791014
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
-
Highlands Community Church Church
-
Mom & Me Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Highlands Community Church · 3 yrs held
Highlands Community Church
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,858
Tax year 2023
Assessed value
$150,390
Assessed 2023
Previous assessed
$150,390
+0.0% YoY
Effective rate
7.22%
On assessed value
Assessed land
$15,980
Assessed improvement
$134,410
Land market value
$45,670
Improvement market value
$384,030
Total market value
$429,700
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
2
Total area
7,920 SF
Lot
3.32 ac (144,706 SF)
APN
004-02677.00
UPID
US66-0791014
Jurisdiction
FAIRFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
3.32 ac
Current owner
From public records · entity-resolved
Highlands Community Church
Entity
Mailing address
2150 JOYE LN SE, LANCASTER, OH 43130-9461
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
—
Highlands Community Church
Together Ministries Church
Warranty Deed
$600,000 · The Church Extension Loan Fund INC
Aug 12, 2019
$21,000
Together Ministries Ch Of The Naz
Hankison,dustin C
Warranty Deed
—
Jun 27, 2019
—
Debra Collins
Together Ministries Church
Warranty Deed
—
Jun 27, 2019
$40,000
Dustin C Hankison
Together Ministries Ch Of The Naz
Warranty Deed
—
Nov 24, 2008
—
First Ch Of Nazarene/lancaster Oh
Cross Pointe Free Will Baptist
Warranty Deed
related
—
Oct 16, 2006
—
Cross Pointe Free Will Baptist
Ohio Assn Of Free Will Baptist Hm
Warranty Deed
$402,000 · Free Will Baptist Hm Msn Ch Ex
Apr 13, 2005
$375,000
Cross Pointe Free Will Baptist
Church Of God INC
Warranty Deed
$378,500 · Free Will Baptist Hm Missions
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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