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    Property profile & analytics

    Railroad St New Lexington, OH 43764

    • Grocery and convenience stores
    • 35,000 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-4979232
    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

    • Grocery and convenience stores

    Property Details for Railroad St

    Construction
    METAL FRAME
    Lot size
    1.48 lot acres
    Property size
    35,000 SF
    Property type
    Grocery and convenience stores
    APN
    27-001505.0000
    APU
    270015050000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Lexington
    County
    Perry
    State
    Ohio
    Longitude
    -82.21
    Latitude
    39.718
    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
    $14,533
    $16,320
    $242,340
    $258,660
    -
    $46,620
    $692,410
    $739,030

    Comparable in this City

    • Value Estimation
      $275,000
      3,200 SF

      11449 State Rte 37th E

      GROCERY, SUPERMARKET • 3,200 SF
      11449 State Rte 37th E, New Lexington, OH 43764-9655
      View Details
    • Value Estimation
      $925,000
      24,220 SF

      610 Carroll St

      GROCERY, SUPERMARKET • 24,220 SF
      610 Carroll St, New Lexington, OH 43764-1051
      View Details
    • Value Estimation by Request
      1,892 SF

      120 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,892 SF
      120 Main St, New Lexington, OH 43764-1376
      View Details
    • Value Estimation
      $150,000
      1,200 SF

      125 Lincoln St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      125 Lincoln St, New Lexington, OH 43764-1018
      View Details
    • Value Estimation
      $375,000
      3,640 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,640 SF
      102 Main St, New Lexington, OH 43764-1376
      View Details
    • Value Estimation
      $295,000
      2,800 SF

      510 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      510 Main St, New Lexington, OH 43764-1209
      View Details

    Similar Nearby for Sale

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      1.34 Acres

      Residential Land in New Lexington

      Build-ready lot near amenities with electric, internet, and public water.
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      Prime New Lexington Daycare Center

      Turnkey Preschool Business, 1934 SF
      211 High St, New Lexington, OH 43764
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    • $309,000
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      Land with Building Potential

      27.145 acres with build sites and recreational opportunities.
      8649 Portie-Flamingo Rd SE, New Lexington, OH 43764
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    • $1,900,000
      52,282 SF

      Ohio Distribution and Cold Storage

      52,000+ SF commercial property with cold storage in Ohio.
      1400 Commerce Dr, New Lexington, OH 43764
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    • $94,000

      Prime Ohio Land - New Lexington

      4.65-acre lot, build your dream home.
      2536 Oh-345, New Lexington, OH 43764
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    • $297,000
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      Renovated Triplex Investment Opportunity

      Fully renovated 3-unit property in New Lexington, Ohio.
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    Railroad St
    New Lexington, OH 43764
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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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