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    Property profile & analytics

    116 2nd St Port Clinton, OH 43452-1115

    • Turn key restaurants
    • 1,827 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $130,000
    Last Sale
    Jul 16, 2020
    $125,000
    Location Intelligence
    Property ID
    US66-2421705
    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

    • CrossFit Port Clinton / Physical Fitness Program

    Property Details for 116 2nd St

    Year built
    1930
    Construction
    CONCRETE BLOCKS
    Lot size
    0.05 lot acres
    Property size
    1,827 SF
    Property type
    Turn key restaurants
    APN
    021-16873-23129-000
    APU
    211687323129000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Clinton
    County
    Ottawa
    State
    Ohio
    Longitude
    -82.9403
    Latitude
    41.5117
    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
    $2,298
    $3,780
    $45,140
    $48,920
    -
    $10,800
    $128,970
    $139,770

    Comparable in this City

    • Value Estimation
      $555,000
      7,522 SF

      3975 Hbr Rd

      RESTAURANT • 7,522 SF
      3975 Hbr Rd, Port Clinton, OH 43452-2644
      View Details
    • Value Estimation
      $570,000
      3,354 SF

      2880 Hbr Rd

      RESTAURANT • 3,354 SF
      2880 Hbr Rd, Port Clinton, OH 43452-2611
      View Details
    • Value Estimation
      $195,000
      12,320 SF

      105 Madison St

      RESTAURANT • 12,320 SF
      105 Madison St, Port Clinton, OH 43452-1103
      View Details
    • Value Estimation
      $190,000
      2,822 SF

      111 Madison St

      RESTAURANT • 2,822 SF
      111 Madison St, Port Clinton, OH 43452-1103
      View Details
    • Value Estimation
      $215,000
      10,080 SF

      101 Madison St

      RESTAURANT • 10,080 SF
      101 Madison St, Port Clinton, OH 43452-1103
      View Details
    • Value Estimation
      $215,000
      1,160 SF

      4 Jefferson St

      RESTAURANT • 1,160 SF
      4 Jefferson St, Port Clinton, OH 43452-1160
      View Details

    Similar Nearby for Sale

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      Prime Perry Street Commercial Opportunity

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      Retail Property on Catawba Island

      Retail property with minimal competition near Lake Erie attraction.
      3147 NE Catawba Rd, Port Clinton, OH 43452
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    • $3,514,000
      76,257 SF

      Anchored Retail Center For Sale

      Retail center anchored by Bassett’s Hardware & City Market.
      1608-1634 Maple St, Port Clinton, OH 43452
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    • $3,250,000
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      Drawbridge Marina and Storage Facility

      Multi-site commercial property with marina, storage, and retail.
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    Similar Nearby for Lease

    • $14 SF/Yr
      9,300 SF

      East Harbor Road Retail/Office Space

      Prime Retail & Office, Immediate Occupancy
      2853 Harbor Rd, Port Clinton, OH 43452
      View Details
    • $2 SF/Yr
      12,000 SF

      Port Clinton Commercial Land Lease

      Four Kroger outlot ground leases available.
      2006 Harbor Rd, Port Clinton, OH 43452
      View Details
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    116 2nd St
    Port Clinton, OH 43452-1115
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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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