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    Property profile & analytics

    110 2nd St Spencerville, OH 45887-1360

    • Industrial properties
    • 4,476 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 03, 2022
    $22,900
    Location Intelligence
    Property ID
    US66-1622436
    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

    • Industrial properties

    Property Details for 110 2nd St

    Year built
    1920
    Lot size
    0.20 lot acres
    Property size
    4,476 SF
    Property type
    Industrial properties
    APN
    44-1210-09-002.000
    APU
    44121009002000

    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
    -84.3541
    Latitude
    40.7059
    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
    $467
    $4,730
    $5,710
    $10,440
    -
    $13,500
    $16,300
    $29,800

    Comparable in this City

    • Value Estimation
      $140,000
      1,248 SF

      312 1st St

      INDUSTRIAL (GENERAL) • 1,248 SF
      312 1st St, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      62,717 SF

      640 Elizabeth St

      INDUSTRIAL (GENERAL) • 62,717 SF
      640 Elizabeth St, Spencerville, OH 45887-1064
      View Details
    • Value Estimation by Request
      5,258 SF

      403 6th St

      INDUSTRIAL (GENERAL) • 5,258 SF
      403 6th St, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      18,832 SF

      Broadway St

      INDUSTRIAL (GENERAL) • 18,832 SF
      Broadway St, Spencerville, OH 45887
      View Details
    • Value Estimation by Request
      4.00 Acres

      5536 Kossuth Amanda Rd

      INDUSTRIAL (GENERAL) • 4.00 Acres
      5536 Kossuth Amanda Rd, Spencerville, OH 45887-9330
      View Details
    • Value Estimation by Request
      0.22 Acres

      Elizabeth St

      WAREHOUSE, STORAGE • 0.22 Acres
      Elizabeth St, Spencerville, OH 45887
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Residential Land in Spencerville, OH

      Land available for building a home in Spencerville, Ohio.
      421 W 4Th St, Spencerville, OH 45887
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    • New
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      Spencerville Commercial Space For Sale

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    110 2nd St
    Spencerville, OH 45887-1360
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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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