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    333 Market St Sandusky, OH 44870

    • Retail space
    • 7,380 SF
    • 0.13 lot acres
    For Sale
    View listing
    $599,000
    Value Estimation
    Last Sale
    Mar 20, 2025
    $533,000
    Location Intelligence
    Property ID
    US66-1238297
    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

    • MAC BUILDING & DEVELOPMENT, LLC. / Construction Company

    Property Details for 333 Market St

    Year built
    1842
    Lot size
    0.13 lot acres
    Property size
    7,380 SF
    Property type
    Retail space
    APN
    56-00119-000
    APU
    5600119000

    Description

    This unique mixed-use property at 333 W Market Street in Sandusky, Ohio, presents a remarkable investment opportunity. Built circa 1885 in the High Victorian style, this 6,900 square foot building boasts stunning architectural details, including decorative brackets and period windows. Its rich history includes stints as a popular saloon, and later, several hotels. Currently under renovation, the property features approved architectural plans for three luxury apartment units, each with private outdoor balconies offering breathtaking views of Sandusky Bay and Lake Erie. The lower level provides approximately 2,500 square feet of adaptable commercial space, perfect for a variety of businesses. Significant groundwork has already been completed, allowing a buyer to finalize construction and personalize the design to their vision. Situated on a 0.13-acre lot, this property offers a blend of historical charm and modern potential. The asking price is $599,000. Proof of funds is required prior to scheduling a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $610,000
      6.5%
      $610,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $635,000
      Geo Method
      $600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $645,000
      Mixed-Use
      $610,000
      Hospitality
      $620,000
      Educational
      $595,000
      Residential Income
      $580,000
      Energy
      $500,000
      Income-Based Land
      $575,000
      Food Service
      $680,000

    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Erie
    State
    Ohio
    Longitude
    -82.7142
    Latitude
    41.4557
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $3,311
    $5,638
    $42,997
    $48,635
    -
    $16,110
    $122,850
    $138,960

    Comparable in this City

    • Value Estimation by Request
      2,038 SF

      911 Columbus Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,038 SF
      911 Columbus Ave, Sandusky, OH 44870-3554
      View Details
    • Value Estimation by Request
      1,945 SF

      231 Market St

      RETAIL STORES (PERSONAL SERVICES) • 1,945 SF
      231 Market St, Sandusky, OH 44870-2512
      View Details
    • Value Estimation by Request
      3,456 SF

      536 Adams St

      RETAIL STORES (PERSONAL SERVICES) • 3,456 SF
      536 Adams St, Sandusky, OH 44870-2908
      View Details
    • Value Estimation by Request
      1,720 SF

      807 Perkins Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,720 SF
      807 Perkins Ave, Sandusky, OH 44870-5021
      View Details
    • Value Estimation by Request
      1,426 SF

      1431 Hayes Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,426 SF
      1431 Hayes Ave, Sandusky, OH 44870-3305
      View Details
    • Value Estimation
      $505,000
      7,323 SF

      126 Columbus Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,323 SF
      126 Columbus Ave, Sandusky, OH 44870-2502
      View Details

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    333 Market St
    Sandusky, OH 44870
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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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