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    Property profile & analytics

    109 4th St Spencerville, OH 45887-1278

    • Bowling alleys
    • 5,560 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $40,000
    Last Sale
    Dec 02, 2022
    $45,000
    Location Intelligence
    Property ID
    US66-2318745
    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

    • Lyn Lee Lanes / Bowling Alley

    Property Details for 109 4th St

    Year built
    1945
    Lot size
    0.13 lot acres
    Property size
    5,560 SF
    Property type
    Bowling alleys
    APN
    44-1207-07-008.000
    APU
    44120707008000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencerville
    County
    Allen
    State
    Ohio
    Longitude
    -84.3528
    Latitude
    40.7089
    CBSA code
    30620
    CBSA name
    LIMA, 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
    $874
    $3,570
    $16,140
    $19,710
    -
    $10,200
    $46,100
    $56,300

    Comparable in this City

    • Value Estimation
      $80,000
      4,000 SF

      12299 Spencerville Rd

      AMUSEMENT PARK • 4,000 SF
      12299 Spencerville Rd, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      0.00 Acres

      Sunset Ave

      COMMERCIAL (GENERAL) • 0.00 Acres
      Sunset Ave, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      0.06 Acres

      1st St

      MOBILE HOME PARK, TRAILER PARK • 0.06 Acres
      1st St, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      0.07 Acres

      4th St

      FUNERAL HOME • 0.07 Acres
      4th St, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      2.82 Acres

      714 Briggs Ave

      MOBILE HOME PARK, TRAILER PARK • 2.82 Acres
      714 Briggs Ave, Spencerville, OH 45887-1058
      View Details
    • Value Estimation by Request
      0.90 Acres

      Briggs Ave

      VACANT COMMERCIAL LAND • 0.90 Acres
      Briggs Ave, Spencerville, OH 45887
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.31 Acres

      Residential Lot in Spencerville, OH

      Building lot with city utilities in Spencerville School District.
      417 W 4Th St, Spencerville, OH 45887
      View Details
    • $54,000

      2.01 Acres Near Spencerville

      2.01 acre lot, partially wooded, creek, ideal home site.
      00 Kleinoeder Rd, Spencerville, OH 45887
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    • Contact for pricing
      0.31 Acres

      Residential Land in Spencerville, OH

      Land available for building a home in Spencerville, Ohio.
      421 W 4Th St, Spencerville, OH 45887
      View Details
    • New
      $225,000
      8,064 SF

      Spencerville Commercial Space For Sale

      8000+ sqft commercial space near Route 66 in Spencerville.
      120 S Canal St, Spencerville, OH 45887
      View Details
    • $38,000
      0.55 Acres

      Residential Land in Edge Brook Estates

      Building lot in Edge Brook Estates Subdivision with city utilities.
      433 W 4Th St, Spencerville, OH 45887
      View Details
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    109 4th St
    Spencerville, OH 45887-1278
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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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