Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1992 Main St Ashland, OH 44805

    • Retail space
    • 13,561 SF
    • 2.70 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    May 12, 2025
    $3,200,000
    Location Intelligence
    Property ID
    US66-5291681
    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

    • Retail space

    Property Details for 1992 Main St

    Year built
    2017
    Lot size
    2.70 lot acres
    Property size
    13,561 SF
    Property type
    Retail space
    APN
    P43-196-0-0002-01
    APU
    P431960000201

    Description

    This exceptional 2.46-acre commercial land parcel presents a remarkable opportunity for retail development in Ashland, Ohio. Located at 1992 E Main St, this property offers significant potential for multiple retail tenants. The site is zoned for commercial use and boasts a flexible build-out plan, accommodating a wide range of retail concepts, from small shops to larger-scale developments. With a total land area of 2.46 acres, developers have ample space to create a vibrant and successful retail center. The address, 1992 E Main St, places the property in a high-traffic area of Ashland, ensuring excellent visibility and accessibility for potential customers. The property's location within Ashland County, Ohio, provides access to a strong local market and a convenient location for commuters. The site is ready for immediate development, offering a unique chance to capitalize on the growing retail sector in this thriving community. The flexible space allows for customization to meet the specific needs of various tenants, making it an attractive investment for both individual businesses and larger retail chains. This prime location and versatile build-out potential make this Ashland retail pad site an exceptional investment opportunity. The property is situated in the 44805 zip code.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,010,000
      6.5%
      $3,200,000
      7%
      $2,995,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,585,000
      Geo Method
      $3,290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,700,000
      Retail
      $3,390,000
      Mixed-Use
      $3,290,000
      Hospitality
      $3,205,000
      Educational
      $3,590,000
      Residential Income
      $4,145,000
      Energy
      $3,050,000
      Income-Based Land
      $3,085,000
      Food Service
      $3,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Ashland
    State
    Ohio
    Longitude
    -82.2712
    Latitude
    40.8601
    CBSA code
    11740
    CBSA name
    ASHLAND, 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
    $37,942
    $129,690
    $1,083,060
    $1,212,750
    -
    $370,530
    $3,094,470
    $3,465,000

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      135 Un St

      RETAIL STORES (PERSONAL SERVICES) • 0.02 Acres
      135 Un St, Ashland, OH 44805-2317
      View Details
    • Value Estimation by Request
      0.11 Acres

      Ss St

      RETAIL STORES (PERSONAL SERVICES) • 0.11 Acres
      Ss St, Ashland, OH 44805
      View Details
    • Value Estimation
      $370,000
      2,160 SF

      709 Claremont Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      709 Claremont Ave, Ashland, OH 44805-3029
      View Details
    • Value Estimation by Request
      11,250 SF

      130 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,250 SF
      130 Main St, Ashland, OH 44805-2347
      View Details
    • Value Estimation
      $330,000
      4,800 SF

      614-618 Claremont Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      614-618 Claremont Ave, Ashland, OH 44805
      View Details
    • Value Estimation
      $290,000
      2,600 SF

      1310 Claremont Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,600 SF
      1310 Claremont Ave, Ashland, OH 44805-3595
      View Details

    Similar Nearby for Sale

    • New
      Contact for pricing
      720 SF

      Office/Retail Space on Claremont Avenue

      720 SF office/retail space in Ashland, Ohio for sale.
      621 Claremont Ave, Ashland, OH 44805
      View Details
    • Contact for pricing
      2,880 SF

      Ashland Commercial Space For Sale

      Commercial space in Ashland, Ohio, suitable for various business operations.
      1314 Claremont Ave, Ashland, OH 44805
      View Details
    • Contact for pricing
      1,916 SF

      Ashland Retail Opportunity on Main

      Former gas station/convenience store in prime Ashland location.
      401 E Main St, Ashland, OH 44805
      View Details
    • New
      $799,000
      1,260 SF

      Thriving Business in Prime Location

      Established business near Ashland University and downtown shopping/dining district.
      601 Claremont Ave, Ashland, OH 44805
      View Details
    • Contact for pricing
      8.66 Acres

      Prime Ashland Retail Land

      8.656 Acres, High-Traffic Location
      1992 Main St, Ashland, OH 44805
      View Details
    • $1,455,333
      16,300 SF

      Retail Center with Anchor Tenant

      Fully occupied retail center near Ashland University.
      1117 Claremont Ave, Ashland, OH 44805
      View Details

    Similar Nearby for Lease

    • $475,000
      2,000 SF

      Renovated Ashland Office/Retail & Warehouse

      Unique opportunity: renovated office, retail, and warehouse space for rent.
      703-715 Cottage St, Ashland, OH 44805
      View Details
    • $14 SF/Yr
      1,800 SF

      Retail Space with Drive Thru

      1,800 SF retail space with drive-thru, near Walmart.
      75-85 Amberwood Pkwy, Ashland, OH 44805
      View Details
    • Contact for pricing
      1,121 SF

      Retail Space in Ashland, OH

      Retail space available for lease in Ashland, Ohio.
      1004 Sugarbush Dr, Ashland, OH 44805
      View Details
    • Contact for pricing
      9,813 SF

      Ashland Retail Center Opportunity

      Prime Ashland location, 1,121 SF available.
      1000 Sugarbush Dr, Ashland, OH 44805
      View Details
    • $6 SF/Yr
      43,703 SF

      Retail or Flex Building

      Multi-tenant retail or flex building anchored by Tractor Supply Company.
      2300 Claremont Ave, Ashland, OH 44805
      View Details
    • $12,150 /Mo
      25,300 SF

      Ashland Warehouse with Office Space

      25,300 SF warehouse with office and restrooms for lease.
      2355 Rock Rd, Ashland, OH 44805
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1992 Main St
    Ashland, OH 44805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.