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    Loop Rd New Lexington, OH 43777

    For Sale
    $585,000

    LAND - New Lexington, OH

    Lot size:
    81.08 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for Loop Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    030004460000
    Lot size
    81.08 Acres

    Lepi & Associates Real Estate Services (740) 891-1068 [email protected]

    Listing agent Daniel L Robison III (740) 221-3749 License #2012000447

    Listing date Nov 10, 2025

    MLS# 5171044 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    81 Acres Versatile Land Opportunity

    This expansive property offers approximately 81 acres. Approximately 20 acres are currently leased for crops through 2026. The property also features wooded areas suitable for hunting and recreation. Situated at the corner of State Route 345 and Loop Road, the land benefits from accessibility and extensive road frontage. This versatile land offers potential for development, a private dream home, or a working farm.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    New Lexington
    County
    Perry
    State
    Ohio
    Longitude
    -82.13812963
    Latitude
    39.81883257

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    FAQs

    What type of property is this?
    Farm - Expansive land with income-producing acreage and natural beauty.
    Where is this farm located?
    The property is located at Loop Rd New Lexington, OH.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: - 81-acre property with diverse potential (development, home, farm).; - Approximately 20 acres currently leased for crops through 2026, providing income.; - Excellent accessibility with road frontage on State Route 345 and Loop Road.
    (740) 221-3749
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    Loop Rd New Lexington, OH 43777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Loop Rd New Lexington, OH 43777
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