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    Property profile & analytics

    1151 Commerce Pkwy Ashland, OH 44805

    • Individual retail properties
    • 20,000 SF
    • 1.99 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Oct 08, 2024
    Location Intelligence
    Property ID
    US66-5274791
    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

    • Individual retail properties

    Property Details for 1151 Commerce Pkwy

    Year built
    2018
    Lot size
    1.99 lot acres
    Property size
    20,000 SF
    Property type
    Individual retail properties
    APN
    P44-198-0-0002-02
    APU
    P441980000202

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Ashland
    State
    Ohio
    Longitude
    -82.2703
    Latitude
    40.8556
    CBSA code
    11740
    CBSA name
    ASHLAND, OH MICROPOLITAN 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
    $12,088
    $30,080
    $368,130
    $398,210
    -
    $85,950
    $1,051,800
    $1,137,750

    Comparable in this City

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      105 4th St

      LAUNDROMAT (SELF-SERVICE) • 2,460 SF
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      1320 Claremont Ave

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      708 Main St

      LAUNDROMAT (SELF-SERVICE) • 2,640 SF
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    • Value Estimation by Request
      520 SF

      600 Cottage St

      LAUNDROMAT (SELF-SERVICE) • 520 SF
      600 Cottage St, Ashland, OH 44805-2126
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    • Value Estimation by Request
      0.02 Acres

      135 Un St

      RETAIL STORES (PERSONAL SERVICES) • 0.02 Acres
      135 Un St, Ashland, OH 44805-2317
      View Details

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      Thriving Business in Prime Location

      Established business near Ashland University and downtown shopping/dining district.
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    Similar Nearby for Lease

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    • $475,000
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    • $12,150 /Mo
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      Ashland Warehouse with Office Space

      25,300 SF warehouse with office and restrooms for lease.
      2355 Rock Rd, Ashland, OH 44805
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    1151 Commerce Pkwy
    Ashland, OH 44805
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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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