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    Property profile & analytics

    2540 Lexington Ave Lexington, OH 44904-1426

    • Auto shops
    • 2,492 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-0721014
    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

    • Mike's Auto Center / Used Car Dealer / Auto Repair Shop

    Property Details for 2540 Lexington Ave

    Year built
    1984
    Construction
    FRAME
    Lot size
    0.26 lot acres
    Property size
    2,492 SF
    Property type
    Auto shops
    APN
    053-37-029-14-000
    APU
    533702914000

    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
    -82.564
    Latitude
    40.6924
    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
    $1,014
    $2,990
    $11,530
    $14,520
    -
    $8,550
    $32,950
    $41,500

    Comparable in this City

    • Value Estimation
      $105,000
      11,312 SF

      3401 State Rte 13

      AUTO REPAIR, GARAGE • 11,312 SF
      3401 State Rte 13, Lexington, OH 44904-9394
      View Details
    • Value Estimation
      $305,000
      8,042 SF

      187 Main St

      AUTO REPAIR, GARAGE • 8,042 SF
      187 Main St, Lexington, OH 44904-1257
      View Details
    • Value Estimation
      $380,000
      11,152 SF

      2680 Lexington Ave

      AUTO REPAIR, GARAGE • 11,152 SF
      2680 Lexington Ave, Mansfield, OH 44904-1469
      View Details
    • Value Estimation by Request
      4,614 SF

      1545 Orch Park Rd

      AUTO REPAIR, GARAGE • 4,614 SF
      1545 Orch Park Rd, Lexington, OH 44904-1320
      View Details
    • Value Estimation by Request
      1.01 Acres

      Lakewood Rd

      PARKING GARAGE, PARKING STRUCTURE • 1.01 Acres
      Lakewood Rd, Lexington, OH 44904
      View Details
    • Value Estimation
      $185,000
      0.05 Acres

      25 Plymouth St

      PARKING GARAGE, PARKING STRUCTURE • 0.05 Acres
      25 Plymouth St, Lexington, OH 44904-1121
      View Details

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      Duplex with Tenant Income

      Duplex with tenant income potential in Mansfield, Ohio.
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    2540 Lexington Ave
    Lexington, OH 44904-1426
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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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