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    Property profile & analytics

    2505 Columbus Lancaster NW Rd Lancaster, OH 43130

    • Automotive properties
    • 10,780 SF
    • 10.58 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Jul 24, 2020
    Location Intelligence
    Property ID
    US66-1307080
    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

    • Automotive properties

    Property Details for 2505 Columbus Lancaster NW Rd

    Year built
    1971
    Lot size
    10.58 lot acres
    Property size
    10,780 SF
    Property type
    Automotive properties
    APN
    014-00991.00
    APU
    140099100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.65
    Latitude
    39.7456
    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
    $36,371
    $203,560
    $159,060
    $362,620
    -
    $581,590
    $454,450
    $1,036,040

    Comparable in this City

    • Value Estimation
      $485,000
      7,355 SF

      1004 Memorial Dr

      VEHICLE SALES, RENTALS • 7,355 SF
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      View Details
    • Value Estimation by Request
      12,960 SF

      1415 Election House NW Rd

      VEHICLE SALES, RENTALS • 12,960 SF
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    • Value Estimation by Request
      18,871 SF

      1484 Election House NW Rd

      VEHICLE SALES, RENTALS • 18,871 SF
      1484 Election House NW Rd, Lancaster, OH 43130
      View Details
    • Value Estimation
      $190,000
      1,336 SF

      531 Lincoln Ave

      VEHICLE SALES, RENTALS • 1,336 SF
      531 Lincoln Ave, Lancaster, OH 43130-4244
      View Details
    • Value Estimation
      $255,000
      1,247 SF

      534 Lincoln Ave

      VEHICLE SALES, RENTALS • 1,247 SF
      534 Lincoln Ave, Lancaster, OH 43130-4243
      View Details
    • Value Estimation
      $230,000
      10,980 SF

      521 Broad St

      VEHICLE SALES, RENTALS • 10,980 SF
      521 Broad St, Lancaster, OH 43130-3032
      View Details

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    2505 Columbus Lancaster NW Rd
    Lancaster, OH 43130
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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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