620 N Memorial Dr.

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620 N Memorial Dr.

Lancaster, OH 43130
Asking Price
$125K
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 620 N Memorial Dr in Lancaster, Ohio
  • Special-purpose commercial building available for immediate purchase
  • Priced at an asking rate of 124900 dollars
  • Strategically positioned within the growing Columbus metropolitan region
  • Flexible facility layout suitable for various commercial use cases

What's Special

Lancaster serves as a vital hub within the Columbus metropolitan area, benefiting from steady regional growth and proximity to major infrastructure corridors. This special-purpose asset at 620 N Memorial Dr provides a versatile footprint for investors or owner-occupants looking to establish a foothold in this established Fairfield County market. The local economy is supported by a diverse mix of manufacturing, healthcare, and retail sectors, making it a pragmatic choice for business operations seeking consistent accessibility. Given its functional design, the property is suited for a range of specialized uses that require visibility and strategic positioning near primary arterial routes. Prospective buyers can leverage the site for professional services, light industrial activities, or adaptive commercial ventures that align with the surrounding development patterns. This investment represents a straightforward entry point into the Lancaster commercial landscape for those prioritizing utility and long-term positioning.

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NOI
$80,000
Cap Rate
64.05%
DSCR
10.79
Strong
Cash-on-Cash
193.71%
Monthly Payment
$617.937
Annual Cash Flow
$72,584.755

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