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Financial
Distress signals
Property profile

651 Main St Lancaster, OH 43130

OFF-MARKET
Office buildings
Property ID
US66-1161523
1,623 SF 0.06 ac lot Built 1948
Last sale May 2023 · $257,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property at 651 E Main Street, Lancaster, Ohio, presents a unique investment opportunity. The property consists of two parcels totaling 0.36 acres, offering significant flexibility for a variety of uses. The main parcel, APN 05-35115-100, features a 2,100 square foot building situated on 651 E Main Street, conveniently located near the intersection of Mt Pleasant E St. This building includes a 30 x 70 foot structure equipped with heating, air conditioning, and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$35k
Assessed land$10k
Assessed improvement$25k
Effective rate9.06%

Value estimate

· Oct 2026
$195k
$176k – $215k
AI approach$210k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$47 – $106
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionFAIRFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
Daycare Center10.4
Bakery9.4

Location

651 Main St Lancaster, OH 43130-3904
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 Pearl, Lancaster, OH 43130-3837 $135,000 Dec 2025 1,480 SF
171 6th, Lancaster, OH 43130-2581 $407,500 Jul 2025 1,759 SF
1004 Fair, Lancaster, OH 43130-2349 $95,000 Jul 2024 2,040 SF
163 5th, Lancaster, OH 43130-3024 $180,000 Mar 2023 2,050 SF
510 Maple, Lancaster, OH 43130-4486 $50,000 Sep 2022 1,320 SF
420 Memorial, Lancaster, OH 43130-3052 $155,000 Mar 2022 1,524 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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