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Property profile & analytics

218 Belmore St Leipsic, OH 45856

  • Office buildings
Value Estimation
Last Sale
Mar 17, 2025
$125,000
Location Intelligence
Property ID
US66-4799675
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

  • UIS Insurance & Investments / Insurance Agency / Investment Service
  • Senior Citizens of Leipsic / Senior Citizen Center

Property Details for 218 Belmore St

Property type
Office buildings
APN
61-065020.0000
APU
610650200000

Description

This exceptional commercial property at 218 S BELMORE Street, Unit 218, Leipsic, OH, presents a unique investment opportunity. Situated on a 0.04-acre lot, this building offers 3,136 square feet of adaptable space, ideal for a variety of uses. Its prime location ensures excellent visibility and convenient access to the town's main thoroughfares, placing it within easy reach of local restaurants, medical facilities, and retail establishments. The first floor, encompassing 1,680 square feet, is thoughtfully designed with an open reception area and two to three private offices, complemented by a dedicated conference room and a convenient kitchenette/break area. Two restrooms are also located on this floor. A striking staircase leads from the front entrance to the expansive second floor, providing a blank canvas for customized development to suit your specific needs. The building boasts a well-maintained curb appeal, adding to its overall attractiveness. This property's versatility, combined with its strategic location and substantial square footage, makes it an exceptional prospect for businesses seeking a prominent presence in Leipsic. The asking price is $104,900.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $135,000
  • CAP approach

    CAP return
    Estimation
    6%
    $130,000
    6.5%
    $115,000
    7%
    $135,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $140,000
    Geo Method
    $120,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $105,000
    Retail
    $105,000
    Mixed-Use
    $115,000
    Hospitality
    $125,000
    Educational
    $105,000
    Residential Income
    $130,000
    Energy
    $145,000
    Income-Based Land
    $130,000
    Food Service
    $105,000

Location Insight

  • Map
  • Local Demand
City
Leipsic
County
Putnam
State
Ohio
Longitude
-83.9852
Latitude
41.0981

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
$859
$1,860
$15,030
$16,890
-
$5,310
$42,940
$48,250
More about this property
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