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    Property profile & analytics

    405 2nd Ave Chesapeake, OH 45619-1025

    • Office buildings
    • 1,830 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-5765209
    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

    • Office buildings

    Property Details for 405 2nd Ave

    Year built
    1926
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    1,830 SF
    Property type
    Office buildings
    APN
    24-022-1000.000
    APU
    240221000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Lawrence
    State
    Ohio
    Longitude
    -82.4557
    Latitude
    38.427
    CBSA code
    26580
    CBSA name
    HUNTINGTON-ASHLAND, WV-KY-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
    $1,095
    $3,990
    $25,650
    $29,640
    -
    $11,410
    $73,280
    $84,690

    Comparable in this City

    • Value Estimation by Request
      1,300 SF

      3934 State Rte 7th 7

      OFFICE BUILDING • 1,300 SF
      3934 State Rte 7th 7, Chesapeake, OH 45619-1183
      View Details
    • Value Estimation
      $155,000
      0.09 Acres

      407 3rd Ave

      OFFICE BUILDING • 0.09 Acres
      407 3rd Ave, Chesapeake, OH 45619-1034
      View Details
    • Value Estimation
      $205,000
      0.07 Acres

      220 4th St

      OFFICE BUILDING • 0.07 Acres
      220 4th St, Chesapeake, OH 45619-1160
      View Details
    • Value Estimation by Request
      0.12 Acres

      505 3rd Ave, Unit 518

      OFFICE BUILDING • 0.12 Acres
      505 3rd Ave, Chesapeake, OH 45619-1036
      View Details
    • Value Estimation by Request
      912 SF

      3rd Ave

      OFFICE BUILDING • 912 SF
      3rd Ave, Chesapeake, OH 45619
      View Details
    • Value Estimation
      $200,000
      924 SF

      431 Rockwood Ave

      OFFICE BUILDING • 924 SF
      431 Rockwood Ave, Chesapeake, OH 45619-1120
      View Details

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    Chesapeake, OH 45619-1025
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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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