Property profile

505 Fair Ave Lancaster, OH 43130

OFF-MARKET
Outlet malls
Property ID
US66-0709715
14,650 SF 0.7 ac lot Built 1948
Individually Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1948
Total area 14,650 SF
Lot 0.7 ac (30,401 SF)
APN 053-12187.00
UPID US66-0709715

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
  • Discount Store

Location

505 Fair Ave Lancaster, OH 43130-2370
Lancaster metro Census 32000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$865k
Comparable Approach Comparable
$825k
Blend (final) Blend
$290k

Owner & transaction history

since 2010
3 recorded transactions
2010
$1.4M
2006
Price N/A
2005
$174,800

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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