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    Property profile & analytics

    114 Water St Oak Harbor, OH 43449-1448

    • Drive through restaurants
    • 664 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Last Sale
    Jul 08, 2024
    Location Intelligence
    Property ID
    US66-1833889
    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

    • Brown's Dairy / Ice Cream Shop
    • Wild Brew / Coffee Shop
    • Village Creamery / Ice Cream Shop

    Property Details for 114 Water St

    Year built
    1957
    Construction
    CONCRETE BLOCKS
    Lot size
    0.25 lot acres
    Property size
    664 SF
    Property type
    Drive through restaurants
    APN
    027-17250-28771-000
    APU
    271725028771000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Harbor
    County
    Ottawa
    State
    Ohio
    Longitude
    -83.1445
    Latitude
    41.508
    CBSA code
    45780
    CBSA name
    TOLEDO, 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
    $1,970
    $23,366
    $6,629
    $29,995
    -
    $66,760
    $18,940
    $85,700

    Comparable in this City

    • Value Estimation
      $355,000
      609 SF

      10980 State Rte 2nd 2

      DRIVE-THRU RESTAURANT, FAST FOOD • 609 SF
      10980 State Rte 2nd 2, Oak Harbor, OH 43449-8902
      View Details
    • Value Estimation
      $220,000
      2,240 SF

      115 Water St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,240 SF
      115 Water St, Oak Harbor, OH 43449-1449
      View Details
    • Value Estimation
      $215,000
      3,464 SF

      124 Water St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,464 SF
      124 Water St, Oak Harbor, OH 43449
      View Details
    • Value Estimation
      $215,000
      560 SF

      204 Benton St

      DRIVE-THRU RESTAURANT, FAST FOOD • 560 SF
      204 Benton St, Oak Harbor, OH 43449-1201
      View Details
    • Value Estimation
      $490,000
      13,120 SF

      102 Water St

      RESTAURANT • 13,120 SF
      102 Water St, Oak Harbor, OH 43449-1332
      View Details
    • Value Estimation
      $160,000
      3,473 SF

      118 Water St

      RESTAURANT • 3,473 SF
      118 Water St, Oak Harbor, OH 43449-1332
      View Details

    Similar Nearby for Sale

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      944 SF

      Prime Oak Harbor Restaurant

      Freestanding drive-thru, remodeled, high-traffic location.
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    • $389,000
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      Freestanding Restaurant Building For Sale

      944 SF freestanding restaurant on 0.31 AC for sale.
      204 N Benton St, Oak Harbor, OH 43449
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    • $373,900

      Lake Erie View Double Lot

      Double lot with lake views, breakwall, and leased dockage.
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      Country Lot for Dream Home

      A 1.25-acre country lot ideal for building a home.
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    114 Water St
    Oak Harbor, OH 43449-1448
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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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