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    Property profile & analytics

    1060 Aurora Rd Aurora, OH 44202-8749

    • Amusement parks
    • 2.02 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Last Sale
    Aug 05, 2024
    Location Intelligence
    Property ID
    US66-2745632
    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

    • Amusement parks

    Property Details for 1060 Aurora Rd

    Year built
    1989
    Lot size
    2.02 lot acres
    Property type
    Amusement parks
    APN
    03-001-00-00-001-001
    APU
    30010000001001

    Description

    This unique 13,000 square foot special purpose property, located at 1060 N Aurora Rd in Portage County, Ohio, presents a remarkable investment opportunity. Situated on a 1.397-acre lot (APN: 03-001-00-00-001-003|2), this single-tenant building boasts a rich history as the former Geauga Lake Dance Hall. Currently undergoing a complete renovation, the property will feature a brand-new exterior façade, updated common areas, and a revitalized parking field. The renovation plan also includes the addition of large outdoor patios offering spectacular lake views. This property is part of a larger, master-planned redevelopment of the historic Geauga Lake area, promising future connectivity to a boardwalk and nature trails. While currently configured as a single-tenant space, the building's design allows for future division into multiple suites, providing flexibility for various business needs. This is a rare chance to be part of a vibrant, revitalized lakeside community. The property's one-story structure offers easy accessibility and ample space for a variety of uses. Don't miss this exceptional opportunity to secure a prime location within a rapidly developing area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $275,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $210,000
      Mixed-Use
      $215,000
      Hospitality
      $245,000
      Educational
      $280,000
      Residential Income
      $230,000
      Energy
      $265,000
      Income-Based Land
      $255,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Portage
    State
    Ohio
    Longitude
    -81.3773
    Latitude
    41.3478
    CBSA code
    10420
    CBSA name
    AKRON, 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
    $1,508
    $35,560
    $0.00
    $35,560
    -
    $101,600
    $0.00
    $101,600

    Comparable in this City

    • Value Estimation by Request
      0.61 Acres

      State Rte 43

      AMUSEMENT PARK • 0.61 Acres
      State Rte 43, Aurora, OH 44202
      View Details
    • Value Estimation
      $290,000
      4.22 Acres

      State Rte 43

      AMUSEMENT PARK • 4.22 Acres
      State Rte 43, Aurora, OH 44202
      View Details
    • Value Estimation by Request
      1.43 Acres

      State Rte 43

      AMUSEMENT PARK • 1.43 Acres
      State Rte 43, Aurora, OH 44202
      View Details
    • Value Estimation by Request
      0.82 Acres

      State Rte 43

      AMUSEMENT PARK • 0.82 Acres
      State Rte 43, Aurora, OH 44202
      View Details
    • Value Estimation by Request
      2.10 Acres

      Aurora Rd

      AMUSEMENT PARK • 2.10 Acres
      Aurora Rd, Aurora, OH 44202
      View Details
    • Value Estimation by Request
      2.70 Acres

      State Rte 43

      AMUSEMENT PARK • 2.70 Acres
      State Rte 43, Aurora, OH 44202
      View Details

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    1060 Aurora Rd
    Aurora, OH 44202-8749
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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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