Financial
Distress signals
Property profile

6251 S High St Lockbourne, OH 43137

FOR SALE
Turn key restaurants
Property ID
US66-1772158
0.13 ac lot
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,943 sq ft restaurant, built in 1957, is situated on a 1.52-acre lot at the signalized intersection of S High Street and SR 665 in Lockbourne, Ohio (zip code 43137). Boasting approximately 160 feet of frontage along bustling South High Street (SR 23), this property benefits from high daily traffic counts of around 36,551 vehicles. The single-story building sits on a parcel with APN numbers 150-001169, 150-001170, and 150-001171, and is zoned Community Commercial (CC).

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$231
Tax billed · 2023
Assessed value$4k
Assessed land$4k
Effective rate6.28%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$400
Operating expenses−$3k
NOI · 1.16% cap applied$8k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$121 – $466

Cap rate analysis

How does the asset earn?
1.16%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop8.4
Building Supply8.1
Cafe & Coffee Shop7.9

Location

6251 S High St Lockbourne, OH 43137
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40 Cottage, Lockbourne, OH 43137-9210 $100,000 May 2025 5,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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