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    Property profile & analytics

    116 Washington St Van Wert, OH 45891-1708

    • Investment properties
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Jul 20, 2021
    $90,375
    Location Intelligence
    Property ID
    US66-4857286
    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

    • Impressions Salon / Beauty Salon / Nail Salon
    • The Bachwell Center for Music and Dance / Event Venue / Music School

    Property Details for 116 Washington St

    Year built
    1882
    Construction
    BRICK
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    12-017096.0000
    APU
    120170960000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Van Wert
    County
    Van Wert
    State
    Ohio
    Longitude
    -84.5826
    Latitude
    40.8689
    CBSA code
    46780
    CBSA name
    VAN WERT, 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
    $995
    $1,880
    $16,660
    $18,540
    -
    $5,370
    $47,600
    $52,970

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      Jennings Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.01 Acres
      Jennings Rd, Van Wert, OH 45891
      View Details
    • Value Estimation by Request

      105 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      105 Main St, Van Wert, OH 45891
      View Details
    • Value Estimation by Request
      3.67 Acres

      Decatur Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3.67 Acres
      Decatur Rd, Van Wert, OH 45891
      View Details
    • Value Estimation by Request
      1.35 Acres

      7059 Us Rte 127

      OFFICE/RESIDENTIAL (MIXED USE) • 1.35 Acres
      7059 Us Rte 127, Van Wert, OH 45891-9637
      View Details
    • Value Estimation by Request

      229 Washington St

      OFFICE/RESIDENTIAL (MIXED USE)
      229 Washington St, Van Wert, OH 45891-1940
      View Details
    • Value Estimation by Request

      Bonnewitz Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      Bonnewitz Ave, Van Wert, OH 45891
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.30 Acres

      Van Wert Commercial Land Outlot

      Prime 1.3-acre outlot near Rural King
      811 Fox Rd, Van Wert, OH 45891
      View Details
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      Equestrian Center on 18 Acres

      24,000 SF equestrian center with indoor arena and 30 stalls.
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      NNN Investment Property For Sale

      Long-term NNN lease with attractive annual rental increases.
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      Commercial Land in Retail Corridor

      Land available in Van Wert's primary retail corridor.
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Van Wert Outlot: Rural King Area

      1.3-Acre Commercial Land, High Traffic
      811 Fox Rd, Van Wert, OH 45891
      View Details
    • Contact for pricing
      6,008 SF

      Main Street Retail Opportunity

      Van Wert, OH: Prime Retail Space Available
      244 Main St, Van Wert, OH 45891
      View Details
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    116 Washington St
    Van Wert, OH 45891-1708
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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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