540 FairLancaster, OH 43130

  • Retail properties
  • 2,657 SF
Off market
$1,195,310 Estimated

Property Details for 540 Fair

Year built
1958
Construction
STEEL FRAME
Lot size
0.12 AC
Property size (Sq ft)
2,657 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
053-11262.00
APU
531126200

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $679,878
    6.5%
    $627,580
    7%
    $582,753
  • Comparable approach

    Method
    Valuation
    Relative Method
    $626,310
    Geo Method
    $626,310
  • Alternative Use

    Use
    Valuation
    Residential
    $529,387
    Hospitality
    $484,916
    Educational
    $403,444
    Medical
    $417,319
    Retail
    $627,580
540 Fair, Lancaster, Ohio

Location Insight

City
Lancaster
County
Fairfield
State
Ohio
Latitude
39.724
Longitude
-82.6117
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
$4,394
$6,370
$42,130
$48,500
-
$18,190
$120,380
$138,570

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].