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    1909 Williamsburg Way Louisville, OH 44641

    • Medical offices
    • 11,448 SF
    • 2.43 lot acres
    For Sale
    View listing
    $1,900,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-2707158
    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

    • Medical offices

    Property Details for 1909 Williamsburg Way

    Year built
    2002
    Construction
    FRAME
    Lot size
    2.43 lot acres
    Property size
    11,448 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    36-05440
    APU
    3605440

    Description

    This exceptional investment opportunity presents a 11,448 square foot, single-story Class B medical office building located at 1909 Williamsburg Way, Louisville, OH 44641. The property, built in 2002 and situated on a B5 zoned lot (APN 3605444), boasts a 7.02% cap rate and a strong net operating income (NOI) of $133,400. Currently 100% occupied by three tenants under a triple-net (NNN) lease with Aultman Health Foundation, the lease extends to January 1, 2043, providing long-term stability and predictable cash flow. The building offers modern amenities and ample parking, strategically located with easy access to major highways, making it highly attractive to both patients and medical providers. This multi-tenant property represents a secure and lucrative investment opportunity in a growing healthcare market. The asking price is $1,900,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Stark
    State
    Ohio
    Longitude
    -81.2789
    Latitude
    40.85
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, 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
    $24,638
    $23,000
    $452,340
    $475,340
    -
    $65,700
    $1,292,400
    $1,358,100

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      MEDICAL BUILDING • 1,489 SF
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    1909 Williamsburg Way
    Louisville, OH 44641
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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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