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    Property profile & analytics

    115 Main St Shelby, OH 44875-1410

    • Office buildings
    • 1,390 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 24, 2022
    $56,000
    Location Intelligence
    Property ID
    US66-0452696
    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

    • Office buildings

    Property Details for 115 Main St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    1,390 SF
    Property type
    Office buildings
    APN
    046-08-143-17-000
    APU
    460814317000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Richland
    State
    Ohio
    Longitude
    -82.6657
    Latitude
    40.8815
    CBSA code
    31900
    CBSA name
    MANSFIELD, 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
    $1,081
    $5,040
    $13,630
    $18,670
    -
    $14,400
    $38,930
    $53,330

    Comparable in this City

    • Value Estimation
      $345,000
      2,416 SF

      3 Consolidated Dr

      OFFICE BUILDING (MULTI-STORY) • 2,416 SF
      3 Consolidated Dr, Shelby, OH 44875-2136
      View Details
    • Value Estimation
      $265,000
      5,402 SF

      100 Main St

      OFFICE BUILDING (MULTI-STORY) • 5,402 SF
      100 Main St, Shelby, OH 44875-1491
      View Details
    • Value Estimation by Request
      51,900 SF

      19 Mansfield Ave

      OFFICE BUILDING (MULTI-STORY) • 51,900 SF
      19 Mansfield Ave, Shelby, OH 44875-1301
      View Details
    • Value Estimation by Request
      6,570 SF

      142 Gamble St

      OFFICE BUILDING (MULTI-STORY) • 6,570 SF
      142 Gamble St, Shelby, OH 44875-2114
      View Details
    • Value Estimation
      $225,000
      2,192 SF

      3954 Industrial Pkwy

      OFFICE BUILDING (MULTI-STORY) • 2,192 SF
      3954 Industrial Pkwy, Shelby, OH 44875-9259
      View Details
    • Value Estimation
      $245,000
      3,032 SF

      206 State Rte 39

      OFFICE BUILDING (MULTI-STORY) • 3,032 SF
      206 State Rte 39, Shelby, OH 44875
      View Details

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      Turnkey Retail Meat and Deli

      Well-known, full-service retail meat and deli with custom processing.
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      Private 4-Acre Country Land

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    Similar Nearby for Lease

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    115 Main St
    Shelby, OH 44875-1410
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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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