624 6th Ave Lancaster, OH 43130-2453
This exceptional 1,920 square foot warehouse, situated at 624 W 6th Avenue in Lancaster, Ohio, presents a compelling investment opportunity. Priced at $226,000, this property boasts a substantial 10,890 square foot lot encompassing two parcels, providing ample space and potential for expansion. Built in 1977, the building's history includes use as a mechanics garage, and it is currently vacant, ready for immediate occupancy. Its prime location on the west side of Lancaster ensures high visibility and accessibility. The warehouse features convenient amenities including a bathroom, a small office equipped with a window air conditioner, gas radiant heat, recently updated plumbing, and a new hot water tank. Two overhead garage doors facilitate easy loading and unloading. Abundant parking is available on the property, catering to both tenants and customers. This versatile property is ideal for a variety of commercial uses and presents a rare chance to acquire a well-maintained warehouse in a thriving location within Fairfield County, Ohio, zip code 43130. The property's size and features make it suitable for various businesses seeking a functional and well-located space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.