Property profile

385 Lincoln Ave Lancaster, OH 43130

OFF-MARKET
Retail space
Property ID
US66-1965970
5,117 SF 0.42 ac lot Built 1953
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,117 square foot commercial property, located at 385 Lincoln Ave in Lancaster, Ohio, presents a unique investment opportunity. Situated in Fairfield County, this single-tenant building offers a versatile space ideal for a variety of businesses. The property's classification encompasses retail, industrial, and special purpose uses, providing flexibility for diverse operational needs. Its "flex" and "warehouse" subtypes suggest a layout that seamlessly blends office and storage areas, making it suitable for companies requiring both administrative space and ample storage capacity. The property's address is 385 Lincoln Ave, Lancaster, OH 43130, with precise coordinates available upon request. The building's single-tenant occupancy ensures streamlined management and predictable income streams. This property is an excellent choice for businesses seeking a well-located, adaptable space in a thriving Ohio community. The property's size and zoning make it suitable for a range of uses, from light manufacturing and distribution to retail showrooms and specialized service businesses. Further details regarding the property's internal layout and features are available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a growing market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction STEEL FRAME
Total area 5,117 SF
Lot 0.42 ac (18,186 SF)
APN 053-61245.00
UPID US66-1965970

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
  • Auto Parts Store

Location

385 Lincoln Ave Lancaster, OH 43130-3725
Lancaster metro Census 31700 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2025
Last sale
$345,000
7 recorded transactions
2025
$345,000
2023
$85,000
2022
Price N/A
2022
Price N/A
2021
Price N/A
2016
Price N/A
1969
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
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