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Property profile & analytics

505 Hocking St Lancaster, OH 43130-2960

  • Day care centers
  • 4,260 SF
  • 0.17 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-0262052
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

  • Small Wonders Learning Center / Day Care Center

Property Details for 505 Hocking St

Year built
1973
Construction
STEEL FRAME
Lot size
0.17 lot acres
Property size
4,260 SF
Property type
Day care centers
APN
053-11467.00
APU
531146700

Description

This exceptional 4,260-square-foot special purpose building, situated on a 7,405.2-square-foot lot in Lancaster, Ohio, presents a unique investment opportunity. Built in 1973 and renovated in 1980, the property boasts a desirable location at 505 Hocking Street, 43130. The building features four separate areas, each with its own exterior entrance and bathroom, providing excellent flexibility for a variety of uses. A private office is located at the front of the building. The property includes a large fenced area with a blacktop drive and additional blacktop space adjacent to the building's rear entrances. Ideal for uses such as a daycare center, doggie daycare, office space, or even a veterinary office with a surgery center. Recent improvements include the replacement of three heat pumps within the last ten years and newer flooring throughout the building. The roof is approximately ten years old. Three parcels are included in this sale, adding significant value to the property. The asking price is $250,000, representing a price per square foot of $58.69. This property offers a compelling combination of functionality, location, and recent upgrades, making it an attractive investment prospect.


Value Estimations

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Location Insight

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  • Local Demand
City
Lancaster
County
Fairfield
State
Ohio
Longitude
-82.6107
Latitude
39.7193
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
$6,321
$8,210
$61,560
$69,770
-
$23,450
$175,890
$199,340
More about this property
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