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    Property profile & analytics

    114 Bank St, Unit 116 Lodi, OH 44254-1046

    • Office buildings
    • 1,811 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US66-6253789
    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

    • Heffelfinger Insurance / Auto Insurance Agency / Health Insurance Agency
    • Bernadette's Lice Removal / Health And Beauty Shop / Childrens Store
    • Gimme A Break / Accountant / Tax Preparation
    • Ash Michael / Attorney

    Property Details for 114 Bank St

    Year built
    1900
    Lot size
    0.37 lot acres
    Property size
    1,811 SF
    Property type
    Office buildings
    APN
    015-26A-09-025
    APU
    01526A09025

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $405,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $385,000
      Mixed-Use
      $315,000
      Hospitality
      $425,000
      Educational
      $320,000
      Residential Income
      $325,000
      Energy
      $330,000
      Income-Based Land
      $400,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Lodi
    County
    Medina
    State
    Ohio
    Longitude
    -82.0132
    Latitude
    41.0336
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $3,096
    $11,540
    $41,710
    $53,250
    -
    $32,970
    $119,180
    $152,150

    Comparable in this City

    • Value Estimation
      $290,000
      3,708 SF

      105 Prospect St, Unit 109

      OFFICE BUILDING • 3,708 SF
      105 Prospect St, Lodi, OH 44254-1429
      View Details
    • Value Estimation
      $370,000
      2,400 SF

      202 Wean St

      OFFICE BUILDING • 2,400 SF
      202 Wean St, Lodi, OH 44254-1336
      View Details
    • Value Estimation by Request
      1,056 SF

      108 Ainsworth St

      OFFICE BUILDING • 1,056 SF
      108 Ainsworth St, Lodi, OH 44254-1303
      View Details
    • Value Estimation
      $275,000
      800 SF

      106 Billman St

      OFFICE BUILDING • 800 SF
      106 Billman St, Lodi, OH 44254-1030
      View Details
    • Value Estimation
      $295,000
      680 SF

      211 Medina St

      OFFICE BUILDING • 680 SF
      211 Medina St, Lodi, OH 44254-1107
      View Details
    • Value Estimation
      $385,000
      5,360 SF

      111 Wean St

      OFFICE BUILDING • 5,360 SF
      111 Wean St, Lodi, OH 44254-1333
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,715 SF

      Lodi Office Building - Great Potential

      Spacious Office, Updated, Prime Location
      113 Harris St, Lodi, OH 44254
      View Details
    • $1,200,000
      34,400 SF

      34,400 SF Warehouse For Sale

      34,400 SF warehouse on 1.74 acres, available March 2025.
      104 Lee St, Lodi, OH 44254
      View Details
    • $975,000
      34,890 SF

      Lodi Warehouse: Prime Industrial Site

      34,890 SF Warehouse, 1.74 Acres
      104 Lee St, Lodi, OH 44254
      View Details
    • $1,550,000
      10,725 SF

      Freestanding Building in Lodi, Ohio

      Well-maintained building in Lodi, Ohio, with high visibility.
      116 Ainsworth St, Lodi, OH 44254
      View Details
    • $160,000
      Pending

      Lodi, Ohio Land Parcel

      Two-acre parcel with pond, ready for building.
      8793 Kennard Rd, Lodi, OH 44254
      View Details
    • $250,000

      Commercial Land with Road Frontage

      Commercial land with frontage on SR-83 and White Rd.
      Avon Lake Rd, Lodi, OH 44254
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Renovated Retail Space Available

      4,000 SF retail unit, divisible, with excellent visibility.
      661-663 Wooster St, Lodi, OH 44254
      View Details
    • $1,350 /Mo
      138,085 SF

      Versatile Commercial Building in Lodi

      5,330 SF commercial building ideal for fitness, training, or storage.
      7777 Greenwich Rd, Lodi, OH 44254
      View Details
    • $2,000 /Mo
      2,400 SF

      Lodi Warehouse with Office Space

      2,400 SF warehouse with air-conditioned office and three garage doors.
      118 Highland Dr, Lodi, OH 44254
      View Details
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    Lodi, OH 44254-1046
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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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