Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2168 Commerce St Lancaster, OH 43130-9363

    • Manufacturing properties
    • 134,023 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $985,000
    Location Intelligence
    Property ID
    US66-1435488
    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

    • Glasfloss Industries Inc / Manufacturer
    • GlasFloss / Machine Workshop

    Property Details for 2168 Commerce St

    Year built
    1981
    Construction
    STEEL FRAME
    Lot size
    10.00 lot acres
    Property size
    134,023 SF
    Property type
    Manufacturing properties
    APN
    053-50032.20
    APU
    535003220

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,005,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,030,000
      6.5%
      $1,005,000
      7%
      $1,135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,255,000
      Geo Method
      $1,195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,155,000
      Retail
      $1,120,000
      Mixed-Use
      $1,165,000
      Hospitality
      $1,065,000
      Educational
      $1,005,000
      Residential Income
      $905,000
      Energy
      $1,025,000
      Income-Based Land
      $940,000
      Food Service
      $935,000

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5488
    Latitude
    39.7096
    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
    $85,300
    $108,070
    $833,430
    $941,500
    -
    $308,760
    $2,381,220
    $2,689,980

    Comparable in this City

    • Value Estimation
      $385,000
      18,659 SF

      815 Lawrence St

      MANUFACTURING (LIGHT) • 18,659 SF
      815 Lawrence St, Lancaster, OH 43130-9401
      View Details
    • Value Estimation by Request
      16,348 SF

      1858 Chestnut St

      MANUFACTURING (LIGHT) • 16,348 SF
      1858 Chestnut St, Lancaster, OH 43130
      View Details
    • Value Estimation
      $295,000
      3,438 SF

      1233 Columbus St

      MANUFACTURING (LIGHT) • 3,438 SF
      1233 Columbus St, Lancaster, OH 43130-1764
      View Details
    • Value Estimation
      $485,000
      30,000 SF

      890 Ml Park Dr

      MANUFACTURING (LIGHT) • 30,000 SF
      890 Ml Park Dr, Lancaster, OH 43130-2572
      View Details
    • Value Estimation
      $590,000
      30,000 SF

      890 Ml Park Dr

      MANUFACTURING (LIGHT) • 30,000 SF
      890 Ml Park Dr, Lancaster, OH 43130-2572
      View Details
    • Value Estimation
      $910,000
      127,520 SF

      940 Ml Park Dr

      MANUFACTURING (LIGHT) • 127,520 SF
      940 Ml Park Dr, Lancaster, OH 43130-9576
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      381,872 SF

      Lancaster Food Manufacturing Facility

      Established food manufacturing facility with expansion potential on 118.62 acres.
      3775 Lancaster New Lexington Rd Southeast, Lancaster, OH 43130
      View Details
    • $299,000
      3,443 SF

      Lancaster Office Warehouse For Sale

      Office warehouse with showroom, suitable for retail or office.
      120 W 6Th Ave, Lancaster, OH 43130
      View Details
    • $3,522,600
      23,484 SF

      Prime Lancaster OfficeMax Storefront

      High-profile retail, strong tenant, long lease.
      1541 River Valley Cir, Lancaster, OH 43130
      View Details
    • $1,450,000
      3,310 SF

      Versatile Farm Estate with Commercial Potential

      Unique farmstead suitable for residential, commercial, or investment purposes.
      2145 West Point Rd SE, Lancaster, OH 43130
      View Details
    • $199,900
      5.09 Acres

      5-Acre Wooded Land Parcel

      5-acre wooded land perfect for building or recreational use.
      Hamburg Rd SW, Lancaster, OH 43130
      View Details
    • $450,000
      25.00 Acres

      Land Near Lancaster Golf Club

      25 acres suitable for horse ranch or single-family development.
      Bis Rd SW, Lancaster, OH 43130
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      7,228 SF

      Lancaster Warehouse Space Available

      7,228 SF warehouse space for lease in Lancaster, OH.
      316 Sylvan Ave, Lancaster, OH 43130
      View Details
    • Contact for pricing
      838 SF

      Lancaster Meijer Retail Space

      High-traffic in-store retail, 350-488 sq ft.
      2900 Columbus-Lancaster Rd, Lancaster, OH 43130
      View Details
    • $1,800 /Mo
      7,748 SF

      Renovated Office Space in Lancaster

      Newly renovated office space in downtown Lancaster, ideal for professionals.
      111 W Wheeling St, Lancaster, OH 43130
      View Details
    • Contact for pricing
      6,250 SF

      Retail Space in Lancaster, OH

      Retail space available in Lancaster, Ohio, near Columbus.
      1500-1730 River Valley Cir S, Lancaster, OH 43130
      View Details
    • Contact for pricing
      6,870 SF

      Lancaster Retail Space For Rent

      Retail space available for lease in Lancaster, Ohio.
      1621-1739 N Memorial Dr, Lancaster, OH 43130
      View Details
    • Contact for pricing

      Land for Rent Lancaster, OH

      Land available for rent in Lancaster, Ohio.
      606 Lincoln Ave, Lancaster, OH 43130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2168 Commerce St
    Lancaster, OH 43130-9363
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.