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    Property profile & analytics

    116 Lakeshore Dr Kelleys Island, OH 43438-6541

    • Retail space
    • 3,838 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US66-1102677
    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

    • Retail space

    Property Details for 116 Lakeshore Dr

    Year built
    1996
    Lot size
    0.20 lot acres
    Property size
    3,838 SF
    Property type
    Retail space
    APN
    54-01857-000
    APU
    5401857000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kelleys Island
    County
    Erie
    State
    Ohio
    Longitude
    -82.7125
    Latitude
    41.5942
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $3,237
    $24,328
    $80,104
    $104,432
    -
    $69,510
    $228,870
    $298,380

    Comparable in this City

    • Value Estimation by Request
      4,688 SF

      Lakeshore Lakeshore

      RETAIL STORES (PERSONAL SERVICES) • 4,688 SF
      Lakeshore Lakeshore, Kelleys Island, OH 43438
      View Details
    • Value Estimation by Request
      4,846 SF

      118 Division St

      RETAIL STORES (PERSONAL SERVICES) • 4,846 SF
      118 Division St, Kelleys Island, OH 43438
      View Details
    • Value Estimation
      $405,000
      1,539 SF

      114 Lakeshore

      RETAIL STORES (PERSONAL SERVICES) • 1,539 SF
      114 Lakeshore, Kelleys Island, OH 43438
      View Details
    • Value Estimation by Request
      2,421 SF

      108 Lakeshore Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,421 SF
      108 Lakeshore Dr, Kelleys Island, OH 43438
      View Details
    • Value Estimation
      $405,000
      2,281 SF

      Division

      RETAIL STORES (PERSONAL SERVICES) • 2,281 SF
      Division, Kelleys Island, OH 43438
      View Details
    • Value Estimation
      $380,000
      1,315 SF

      224 Division St

      RETAIL STORES (PERSONAL SERVICES) • 1,315 SF
      224 Division St, Kelleys Island, OH 43438-6516
      View Details
    Request Owner's contact information
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    116 Lakeshore Dr
    Kelleys Island, OH 43438-6541
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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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