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    Property profile & analytics

    114 Industrial Dr Lexington, OH 44904-1339

    • Office buildings
    • 8,108 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US66-1418157
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BioResilience / Wellness Program
    • Flexx Sports Nutrition / Vitamin & Supplements Store
    • Guild Outfitters / Truck Repair Shop
    • Techman Sales, llc / Store

    Property Details for 114 Industrial Dr

    Year built
    1991
    Lot size
    1.19 lot acres
    Property size
    8,108 SF
    Property type
    Office buildings
    APN
    059-62-210-01-026
    APU
    596221001026

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Richland
    State
    Ohio
    Longitude
    -82.5655
    Latitude
    40.6794
    CBSA code
    31900
    CBSA name
    MANSFIELD, 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
    $6,504
    $13,740
    $79,930
    $93,670
    -
    $39,270
    $228,360
    $267,630

    Comparable in this City

    • Value Estimation
      $355,000
      3,686 SF

      355 Main St

      OFFICE BUILDING (MULTI-STORY) • 3,686 SF
      355 Main St, Lexington, OH 44904-9543
      View Details
    • Value Estimation
      $315,000
      2,960 SF

      24 Short St

      OFFICE BUILDING • 2,960 SF
      24 Short St, Lexington, OH 44904-1155
      View Details
    • Value Estimation by Request
      1,258 SF

      7721 Lexington Steam Cors Rd

      OFFICE BUILDING • 1,258 SF
      7721 Lexington Steam Cors Rd, Mansfield, OH 44904-9417
      View Details
    • Value Estimation
      $275,000
      5,670 SF

      1575 Main St

      OFFICE BUILDING (MULTI-STORY) • 5,670 SF
      1575 Main St, Lexington, OH 44904-1373
      View Details
    • Value Estimation
      $300,000
      10,296 SF

      36-38 Main St

      OFFICE BUILDING (MULTI-STORY) • 10,296 SF
      36-38 Main St, Lexington, OH 44904
      View Details
    • Value Estimation by Request
      12,552 SF

      2666 Lexington Ave

      OFFICE BUILDING (MULTI-STORY) • 12,552 SF
      2666 Lexington Ave, Mansfield, OH 44904-1475
      View Details

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      11,000 SF

      Lexington Industrial Building For Lease

      11,000 sq ft industrial building with warehouse space for lease.
      140 Lexington Industrial Dr, Lexington, OH 44904
      View Details
    • Contact for pricing
      0.21 Acres

      Residential Land in Lexington, Ohio

      Vacant lot in Lexington school district, just under 1/4 acre.
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    114 Industrial Dr
    Lexington, OH 44904-1339
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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
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