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    Property profile & analytics

    103 Michigan Ave Edgerton, OH 43517-9322

    • Turn key restaurants
    • 6,115 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Jun 30, 2025
    $245,000
    Location Intelligence
    Property ID
    US66-3149893
    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

    • Rita's Family Dining / Family Restaurant / Breakfast Restaurant

    Property Details for 103 Michigan Ave

    Year built
    1920
    Lot size
    0.11 lot acres
    Property size
    6,115 SF
    Property type
    Turn key restaurants
    APN
    061-280-04-018.001
    APU
    6128004018001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edgerton
    County
    Williams
    State
    Ohio
    Longitude
    -84.7485
    Latitude
    41.4489

    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
    $2,399
    $3,570
    $37,140
    $40,710
    -
    $10,200
    $106,100
    $116,300

    Comparable in this City

    • Value Estimation by Request
      1,974 SF

      128 Michigan Ave

      RESTAURANT • 1,974 SF
      128 Michigan Ave, Edgerton, OH 43517-9801
      View Details
    • Value Estimation
      $45,000
      2,520 SF

      118 Michigan Ave

      RESTAURANT • 2,520 SF
      118 Michigan Ave, Edgerton, OH 43517-9801
      View Details
    • Value Estimation by Request
      2,800 SF

      128 Michigan Ave

      RESTAURANT • 2,800 SF
      128 Michigan Ave, Edgerton, OH 43517-9393
      View Details
    • Value Estimation
      $95,000
      2,344 SF

      404 Vine St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,344 SF
      404 Vine St, Edgerton, OH 43517-9624
      View Details
    • Value Estimation
      $135,000
      13,760 SF

      Bement

      SHOW ROOM, WAREHOUSE • 13,760 SF
      Bement, Edgerton, OH 43517
      View Details
    • Value Estimation
      $335,000
      1,902 SF

      108 Vine St

      RETAIL STORES (PERSONAL SERVICES) • 1,902 SF
      108 Vine St, Edgerton, OH 43517-8606
      View Details

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    103 Michigan Ave
    Edgerton, OH 43517-9322
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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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