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    Property profile & analytics

    2875 1st Dr London, OH 43140-9034

    • Specialty properties
    • 13,024 SF
    • 8.03 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US66-2558967
    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

    • Specialty properties

    Property Details for 2875 1st Dr

    Year built
    1965
    Lot size
    8.03 lot acres
    Property size
    13,024 SF
    Property type
    Specialty properties
    APN
    24-00252.000
    APU
    2400252000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.4899
    Latitude
    39.9558
    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
    $7,180
    $44,010
    $102,610
    $146,620
    -
    $125,740
    $293,180
    $418,920

    Comparable in this City

    • Value Estimation by Request
      1,064 SF

      2830 Cheyenne Dr

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    • Value Estimation by Request
      0.19 Acres

      124 High St

      FUNERAL HOME • 0.19 Acres
      124 High St, London, OH 43140-1229
      View Details
    • Value Estimation
      $295,000
      3,524 SF

      103 Main St

      FUNERAL HOME • 3,524 SF
      103 Main St, London, OH 43140-1144
      View Details
    • Value Estimation
      $320,000
      2,516 SF

      4700 Deer Crk Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,516 SF
      4700 Deer Crk Ln, London, OH 43140
      View Details
    • Value Estimation
      $335,000
      5,423 SF

      124 High St

      FUNERAL HOME • 5,423 SF
      124 High St, London, OH 43140-1229
      View Details
    • Value Estimation by Request

      2209 Grewell Rd

      Land
      2209 Grewell Rd, London, OH 43140
      View Details

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    Request Owner's contact information
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    2875 1st Dr
    London, OH 43140-9034
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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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