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    Property profile & analytics

    116 4th St Elyria, OH 44035-5906

    • Investment properties
    • 1,691 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $45,000
    Last Sale
    May 30, 2025
    $60,000
    Location Intelligence
    Property ID
    US66-1098420
    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

    • Ohio Insurance / Health Insurance Agency

    Property Details for 116 4th St

    Year built
    1910
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    1,691 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    06-25-098-102-004
    APU
    625098102004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1018
    Latitude
    41.3632
    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
    $1,856
    $10,094
    $15,442
    $25,536
    -
    $28,840
    $44,120
    $72,960

    Comparable in this City

    • Value Estimation
      $660,000
      3,552 SF

      154 Woodbury St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,552 SF
      154 Woodbury St, Elyria, OH 44035-4012
      View Details
    • Value Estimation
      $310,000
      3,688 SF

      146 Middle Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,688 SF
      146 Middle Ave, Elyria, OH 44035-5658
      View Details
    • Value Estimation
      $210,000
      2,738 SF

      215 Cleveland St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,738 SF
      215 Cleveland St, Elyria, OH 44035-6139
      View Details
    • Value Estimation
      $270,000
      2,912 SF

      343 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,912 SF
      343 Broad St, Elyria, OH 44035-5503
      View Details
    • Value Estimation
      $280,000
      2,688 SF

      42381 Rdg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,688 SF
      42381 Rdg Rd, Elyria, OH 44035-1130
      View Details
    • Value Estimation
      $100,000
      434 SF

      609 Cleveland St

      OFFICE/RESIDENTIAL (MIXED USE) • 434 SF
      609 Cleveland St, Elyria, OH 44035-4103
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      High-traffic location, co-tenancy with Rural King
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      Retail Space Midway Mall, Elyria

      Retail space available in Midway Mall, Elyria, Ohio.
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      201,019 SF

      Prime Retail Location in Elyria

      High-visibility retail space near major retailers and highways.
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    • Contact for pricing
      7,000 SF

      Retail Space Near Midway Mall

      Retail space across from Midway Mall, near I-80 and I-90.
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      Stand Alone Bank Building

      Well-kept building suitable for office or medical use.
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      Retail Space Midway Mall

      Retail space available in Midway Mall, Elyria, OH.
      2040 Midway Mall, Elyria, OH 44035
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.2k
    • Avg Time on site
      19 min
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    116 4th St
    Elyria, OH 44035-5906
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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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