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    Property profile & analytics

    229 Lafayette St London, OH 43140-9364

    • Strip malls
    • 12,800 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,825,000
    Last Sale
    Apr 19, 2024
    $1,830,000
    Location Intelligence
    Property ID
    US66-6219282
    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

    • Donatos Pizza / Delivery Service / Takeout Restaurant
    • Wild Bill's Tobacco / Tobacco Shop / Candle Store
    • O'Reilly Auto Parts / Car Repair And Maintenance Service / Car Stereo Store

    Property Details for 229 Lafayette St

    Year built
    1991
    Construction
    CONCRETE
    Lot size
    1.14 lot acres
    Property size
    12,800 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    31-00189.000
    APU
    3100189000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,865,000
      6.5%
      $1,970,000
      7%
      $1,705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,550,000
      Geo Method
      $1,955,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $2,025,000
      Mixed-Use
      $1,820,000
      Hospitality
      $2,025,000
      Educational
      $1,860,000
      Residential Income
      $2,050,000
      Energy
      $1,980,000
      Income-Based Land
      $1,605,000
      Food Service
      $1,725,000

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.4379
    Latitude
    39.8979
    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
    $17,112
    $92,410
    $303,170
    $395,580
    -
    $264,020
    $866,210
    $1,130,230

    Comparable in this City

    • Value Estimation
      $515,000
      4,400 SF

      231 Lafayette St

      SHOPPING CENTER, STRIP CENTER • 4,400 SF
      231 Lafayette St, London, OH 43140-8567
      View Details
    • Value Estimation
      $1,075,000
      5,544 SF

      22 Main St

      SHOPPING CENTER, STRIP CENTER • 5,544 SF
      22 Main St, London, OH 43140-1211
      View Details
    • Value Estimation
      $180,000
      0.22 Acres

      52 High St

      SHOPPING CENTER, STRIP CENTER • 0.22 Acres
      52 High St, London, OH 43140-1248
      View Details
    • Value Estimation
      $375,000
      3,162 SF

      65 High St

      SHOPPING CENTER, STRIP CENTER • 3,162 SF
      65 High St, London, OH 43140-1026
      View Details
    • Value Estimation
      $525,000
      6,864 SF

      116 High St

      SHOPPING CENTER, STRIP CENTER • 6,864 SF
      116 High St, London, OH 43140-1307
      View Details
    • Value Estimation
      $485,000
      10,560 SF

      226 Lafayette St

      SHOPPING CENTER, STRIP CENTER • 10,560 SF
      226 Lafayette St, London, OH 43140-8527
      View Details

    Similar Nearby for Sale

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      Prime Retail Location, High ROI Potential
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      Residential Land in London, OH

      3.79 acres of residential land with development potential.
      Olive St, London, OH 43140
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      Wooded London Land - $250K

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    Similar Nearby for Lease

    • $13 SF/Yr
      11,882 SF

      Eagleton Center Office Space Available

      Prime London, Ohio Office & Retail Space
      1072 Eagleton Blvd, London, OH 43140
      View Details
    • Contact for pricing
      106,958 SF

      London Plaza Retail Center

      High-traffic retail space available in London, OH
      224-232 Lafayette St, London, OH 43140
      View Details
    • Contact for pricing
      3,027 SF

      Warehouse and Retail Spaces Available

      Warehouse and retail spaces for lease in London, OH.
      235 Lafayette St, London, OH 43140
      View Details
    • $499,900
      100 SF

      Office and Meeting Space

      Affordable office and meeting space for service-based businesses.
      6 E 2Nd St, London, OH 43140
      View Details
    • Contact for pricing
      3,200 SF

      Warehouse Space For Lease

      2,666 SF warehouse space available for lease.
      231-235 Lafayette St, London, OH 43140
      View Details
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    229 Lafayette St
    London, OH 43140-9364
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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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