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    Property profile & analytics

    11650 County Road 87 Lakeview, OH 43331

    • Commercial real estate
    • 2,336 SF
    • 1.95 lot acres
    For Sale
    View listing
    $375,000
    Value Estimation
    Last Sale
    Aug 24, 2020
    $359,000
    Location Intelligence
    Property ID
    US66-4873829
    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

    • Commercial real estate

    Property Details for 11650 County Road 87

    Year built
    1932
    Lot size
    1.95 lot acres
    Property size
    2,336 SF
    Property type
    Commercial real estate
    APN
    43-017-10-01-009-000
    APU
    430171001009000

    Description

    This exceptional mixed-use property, located at 11650 County Road 87 in Lakeview, Ohio, presents a unique investment opportunity. Priced at $375,000, the property offers significant potential for a variety of commercial ventures. While the exact square footage is currently unavailable, the building sits on a zero-acre lot, suggesting a compact and potentially easily managed footprint. The mixed-use designation allows for flexibility in its utilization, catering to a range of business models. Its prime location in Lakeview offers convenient access to local amenities and a strong potential customer base. The property's condition and specific internal layout require further investigation through a site visit and due diligence. Interested parties are encouraged to conduct thorough inspections to assess the property's suitability for their intended use. This is an excellent chance to acquire a versatile commercial space in a desirable Ohio location. The asking price reflects the property's potential and presents a compelling investment opportunity for savvy buyers. Further details regarding the building's specifications and zoning regulations are available upon request. Don't miss this chance to secure a valuable asset in a thriving community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $350,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $365,000
      Mixed-Use
      $300,000
      Hospitality
      $365,000
      Educational
      $360,000
      Residential Income
      $400,000
      Energy
      $350,000
      Income-Based Land
      $320,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeview
    County
    Logan
    State
    Ohio
    Longitude
    -83.9219
    Latitude
    40.4994
    CBSA code
    13340
    CBSA name
    BELLEFONTAINE, OH MICROPOLITAN 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
    $3,269
    $18,290
    $56,620
    $74,910
    -
    $52,250
    $161,770
    $214,020

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      COMMERCIAL (GENERAL) • 624 SF
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    Lakeview, OH 43331
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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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