Property profile

232 6th Ave Lancaster, OH 43130

OFF-MARKET
Strip malls
Property ID
US66-2028649
8,628 SF 0.43 ac lot Built 1986
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 8,628 SF
Lot 0.43 ac (18,875 SF)
APN 053-20275.00
UPID US66-2028649

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
  • Physician Alternative Medicine Practice
  • (Bike/Boat/Book/etc) Store Pharmacy

Location

232 6th Ave Lancaster, OH 43130-2510
Lancaster metro Census 32000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
$560k
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2022
Last sale
$555,000
5 recorded transactions
2022
$555,000
2019
Price N/A
2011
$202,000
2011
$85,000
2009
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $840,000 +273.2%
Auto repair, garage $785,000 +248.3%
Office building $740,000 +230.0%

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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