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    Property profile & analytics

    118 Lee St Lodi, OH 44254-1056

    • Manufacturing properties
    • 27,622 SF
    • 4.78 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US66-2306985
    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

    • Manufacturing properties

    Property Details for 118 Lee St

    Year built
    1973
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.78 lot acres
    Property size
    27,622 SF
    Property type
    Manufacturing properties
    APN
    015-26A-08-062
    APU
    01526A08062

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $615,000
      6.5%
      $695,000
      7%
      $670,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $690,000
      Retail
      $765,000
      Mixed-Use
      $625,000
      Hospitality
      $675,000
      Educational
      $565,000
      Residential Income
      $725,000
      Energy
      $665,000
      Income-Based Land
      $690,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Lodi
    County
    Medina
    State
    Ohio
    Longitude
    -82.0207
    Latitude
    41.0335
    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
    $9,700
    $39,100
    $127,750
    $166,850
    -
    $111,710
    $364,990
    $476,700

    Comparable in this City

    • Value Estimation
      $420,000
      30,018 SF

      144 Ww Dr

      MANUFACTURING (LIGHT) • 30,018 SF
      144 Ww Dr, Lodi, OH 44254-1062
      View Details
    • Value Estimation
      $335,000
      6,800 SF

      124 Academy St

      MANUFACTURING (LIGHT) • 6,800 SF
      124 Academy St, Lodi, OH 44254-1345
      View Details
    • Value Estimation
      $290,000
      6,640 SF

      328 Bank St

      MANUFACTURING (LIGHT) • 6,640 SF
      328 Bank St, Lodi, OH 44254-1006
      View Details
    • Value Estimation
      $60,000
      14,950 SF

      120 Billman St

      MANUFACTURING (LIGHT) • 14,950 SF
      120 Billman St, Lodi, OH 44254-1030
      View Details
    • Value Estimation
      $535,000
      9,144 SF

      700 Wooster St

      MANUFACTURING (LIGHT) • 9,144 SF
      700 Wooster St, Lodi, OH 44254-1340
      View Details
    • Value Estimation
      $370,000
      23,884 SF

      120 Ww Dr

      MANUFACTURING (LIGHT) • 23,884 SF
      120 Ww Dr, Lodi, OH 44254-1062
      View Details

    Similar Nearby for Sale

    • $975,000
      34,890 SF

      Lodi Warehouse: Prime Industrial Site

      34,890 SF Warehouse, 1.74 Acres
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      View Details
    • $1,200,000
      34,400 SF

      34,400 SF Warehouse For Sale

      34,400 SF warehouse on 1.74 acres, available March 2025.
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    • $1,550,000
      10,725 SF

      Freestanding Building in Lodi, Ohio

      Well-maintained building in Lodi, Ohio, with high visibility.
      116 Ainsworth St, Lodi, OH 44254
      View Details
    • $160,000
      Pending

      Lodi, Ohio Land Parcel

      Two-acre parcel with pond, ready for building.
      8793 Kennard Rd, Lodi, OH 44254
      View Details
    • Contact for pricing
      1,715 SF

      Lodi Office Building - Great Potential

      Spacious Office, Updated, Prime Location
      113 Harris St, Lodi, OH 44254
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    • $250,000

      Commercial Land with Road Frontage

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    Similar Nearby for Lease

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      138,085 SF

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      5,330 SF commercial building ideal for fitness, training, or storage.
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    • $2,000 /Mo
      2,400 SF

      Lodi Warehouse with Office Space

      2,400 SF warehouse with air-conditioned office and three garage doors.
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      View Details
    • Contact for pricing
      4,000 SF

      Renovated Retail Space Available

      4,000 SF retail unit, divisible, with excellent visibility.
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      View Details
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    118 Lee St
    Lodi, OH 44254-1056
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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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