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    Property profile & analytics

    113 State Route 113 Berlin Heights, OH 44814

    • Land
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 113 State Route 113

    Lot size
    1.04 lot acres
    Property type
    Land

    Description

    This exceptional 1.04-acre vacant commercial lot presents a remarkable opportunity for development in Wakeman, Ohio. Strategically located at the corner of State Route 113 and Main Road, this flat, clean parcel boasts convenient access and high visibility. The property is zoned for commercial use, allowing for a wide range of potential projects. Existing infrastructure includes public water and storm drains, along with readily available electric service. While a septic system will be required, the site's readily accessible utilities significantly streamline the development process. The lot's size and location make it ideal for a variety of commercial ventures, from retail establishments to light industrial uses. The asking price of $30,000 represents an attractive investment opportunity in a growing area. The property's APN is 07-00001.000. This prime location in Erie County, Ohio, with its 44814 zip code, offers excellent potential for significant return on investment. Don't miss this chance to acquire this well-situated commercial land parcel. The address is 113 State Route 113, Berlin Heights, OH.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berlin Heights
    County
    Erie
    State
    Ohio
    Longitude
    -82.52
    Latitude
    41.3028

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      VACANT COMMERCIAL LAND • 4.88 Acres
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      Darrow Darrow

      VACANT COMMERCIAL LAND • 12.09 Acres
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      Clf Cliff

      VACANT COMMERCIAL LAND • 1.13 Acres
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    113 State Route 113
    Berlin Heights, OH 44814
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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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