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    123 Oakland Ave Spencerville, OH 45887

    New
    Picture of Single family properties at Oakland Ave 123, Spencerville, OH
    Pending
    For Sale
    Contact for pricing

    LAND - Spencerville, OH

    Property size:
    1,584 SF
    Lot size:
    0.21 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 123 Oakland Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    44120906007000
    Size
    1,584 SF
    Lot size
    0.21 Acres

    Building Details

    Year built
    1955

    Binkley Real Estate (419) 738-3232 [email protected]

    Listing agent Kristen Archer (567) 940-9232

    Listing date Dec 3, 2025

    MLS# 1038788 Listing URL

    Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spencerville, OH Land Opportunity

    This residential property in Spencerville, Ohio, is situated on a corner lot of approximately 0.21 acres. The existing structure, with a size of 1584 square feet, requires renovation due to fire damage. The property is located close to schools and parks. The intended use of the property is residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencerville
    County
    Allen
    State
    Ohio
    Longitude
    -84.348322
    Latitude
    40.704673

    FAQs

    What type of property is this?
    Single family property - Residential property requiring renovation on a corner lot.
    Where is this single family property located?
    The property is located at 123 Oakland Ave Spencerville, OH.
    What is the asking price?
    The asking price for this property is $21,000.
    What are key features of this property?
    This property features: - Great corner lot; - Close to school; - Close to parks
    (567) 940-9232
    Request Owner's contact information
    123 Oakland Ave Spencerville, OH 45887
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    Spencerville, OH 45887
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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
    123 Oakland Ave Spencerville, OH 45887
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