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    2499 Market St Tiffin, OH 44883

    • Retail space
    • 15,360 SF
    • 1.00 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $480,000
    Last Sale
    Jun 11, 2021
    $560,000
    Location Intelligence
    Property ID
    US66-3098918
    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 2499 Market St

    Year built
    1990
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.00 lot acres
    Property size
    15,360 SF
    Property type
    Retail space
    APN
    Q56030331680600
    APU
    Q56030331680600

    Description

    This exceptional 15,300-square-foot medical office building, located at 2499 W Market St, Tiffin, OH 44883, presents a unique investment opportunity. Situated at the intersection of SR 18 and US 224, this single-story Class B building boasts a prime location in a vibrant retail area. The property underwent a complete renovation in 2023, ensuring modern and efficient spaces for medical practices. Currently, 2,600 square feet of space is available for lease within the single-tenant building. The building features ample parking with 32 spaces available for patients and staff. Built in 1990, the property benefits from a robust 200 amp/2020V power supply. Its convenient location offers easy access to Tiffin University and downtown Tiffin, both less than two miles away. The proximity to Heidelberg University further enhances the property's appeal, providing access to a large student population. The property is zoned C-2 General Commercial, allowing for a variety of medical uses. This is an excellent opportunity to establish or expand a medical practice in a thriving community. The building's recent renovation ensures modern amenities and a comfortable environment for both patients and staff. Contact us today to learn more about this exceptional property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $475,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $490,000
      Retail
      $420,000
      Mixed-Use
      $425,000
      Hospitality
      $530,000
      Educational
      $500,000
      Residential Income
      $475,000
      Energy
      $405,000
      Income-Based Land
      $485,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Tiffin
    County
    Seneca
    State
    Ohio
    Longitude
    -83.2177
    Latitude
    41.11
    CBSA code
    45660
    CBSA name
    TIFFIN, 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
    $11,831
    $12,530
    $189,990
    $202,520
    -
    $35,810
    $542,840
    $578,650

    Comparable in this City

    • Value Estimation by Request

      140 Washington St

      RETAIL STORES (PERSONAL SERVICES)
      140 Washington St, Tiffin, OH 44883-2840
      View Details
    • Value Estimation
      $320,000
      7,686 SF

      2233 Market St

      RETAIL STORES (PERSONAL SERVICES) • 7,686 SF
      2233 Market St, Tiffin, OH 44883-8878
      View Details
    • Value Estimation
      $50,000
      4,208 SF

      604 Miami St

      RETAIL STORES (PERSONAL SERVICES) • 4,208 SF
      604 Miami St, Tiffin, OH 44883-1934
      View Details
    • Value Estimation
      $390,000
      12,942 SF

      733 Market St

      RETAIL STORES (PERSONAL SERVICES) • 12,942 SF
      733 Market St, Tiffin, OH 44883-2520
      View Details
    • Value Estimation
      $210,000
      6,514 SF

      30 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 6,514 SF
      30 Riverside Dr, Tiffin, OH 44883-2332
      View Details
    • Value Estimation by Request
      14,288 SF

      25 27th S Washington St

      RETAIL STORES (PERSONAL SERVICES) • 14,288 SF
      25 27th S Washington St, Tiffin, OH 44883
      View Details

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    2499 Market St
    Tiffin, OH 44883
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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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