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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Commercial land
176 Main St Lexington, OH 44904-1227
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-4535376
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3.68 ac (160,127 SF)
APN
048-27-142-01-000
UPID
US66-4535376
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Infield Tour Operator Campground & RV Park
-
ATM Atm
-
Infield, llc Arcade & Gaming Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Central Ohio Hospitality LLC · 3 yrs held
Central Ohio Hospitality LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,125,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.43M (Oct 28 2022)
Last sale anchor
$1.43M
Oct 28 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,637
Tax year 2023
Assessed value
$23,260
Assessed 2023
Previous assessed
$23,260
+0.0% YoY
Effective rate
7.04%
On assessed value
Assessed land
$23,260
Land market value
$66,470
Total market value
$66,470
Applied tax rate
4,827.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
3.68 ac (160,127 SF)
APN
048-27-142-01-000
UPID
US66-4535376
Jurisdiction
RICHLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3.68 ac
Current owner
From public records · entity-resolved
Central Ohio Hospitality LLC
Entity
Mailing address
PO BOX 9069, LEXINGTON, OH 44904-9069
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2022
$1,425,000
Central Ohio Hospitality LLC
Mid Ohio Hospitality LLC
Warranty Deed
$1,224,900 · Newtek Small Business Finance LLC
Jul 16, 2021
$10,000
Mid Ohio Hospitality LLC
Walker Brothers Lexington LLC
Warranty Deed
—
Jan 26, 2017
—
Deborah R Underwood
Dana D Thornton
Transfer On Death Deed
—
Jul 17, 2013
$337,500
Mid Ohio Hospitality LLC
The Infield INC
Warranty Deed
$470,000 · Infield INC
Jul 17, 2013
—
The Infield INC
Walker Brothers Lexington LLC
Quit Claim Deed
related
—
Apr 18, 2011
—
The Infield INC
Walker Brothers Lexington LLC
Quit Claim Deed
related
—
Apr 18, 2011
$250,000
Knls Enterprises LLC
The Infield INC
Warranty Deed
$300,000 · The Infield INC
Apr 6, 2009
—
Walker Brothers Lexington LLC
Walker Enterprises
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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