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    State Route 97 Lexington, OH 44904

    For Sale
    $999,000

    Land - Lexington, OH

    Lot size:
    24.00 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for State Route 97

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0533704701000
    Lot size
    24.00 Acres

    Building Details

    Architectural style
    Other

    Dzugan Real Estate Services, LLC (419) 295-6700 [email protected]

    Listing agent Joseph Dzugan (419) 683-3100

    Listing date Oct 16, 2025

    MLS# 9069645 Listing URL

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

    Overview

    Prime Commercial Land Opportunity

    This exceptional tract of land, spanning over 24 acres, is situated along a highly visible and heavily trafficked corridor. It is ideally suited for commercial or mixed-use development. Located approximately 3/4 mile from I-71, the property benefits from excellent road frontage, measuring approximately 1,200 feet, and offers convenient access. This property presents significant potential for investors and developers in search of a strategically positioned growth location. The site is ideal for development with rezoning. A new survey is on file.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lexington
    County
    Richland
    State
    Ohio
    Longitude
    -82.570083
    Latitude
    40.679459

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    FAQs

    What type of property is this?
    Land - 24+ acre tract ideal for commercial or mixed-use development.
    Where is this land located?
    The property is located at State Route 97 Lexington, OH.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - High-visibility location on a high-traffic corridor, ideal for commercial or mixed-use development.; - Excellent road frontage (approximately 1,200 feet) with easy access.; - Located 3/4 mile from I-71.
    (419) 683-3100
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    State Route 97 Lexington, OH 44904
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    Lexington, OH 44904
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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
    State Route 97 Lexington, OH 44904
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