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    Property profile & analytics

    118 Main St Munroe Falls, OH 44262-1638

    • Turn key restaurants
    • 3,080 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $105,000
    Last Sale
    Jan 02, 2020
    $112,000
    Location Intelligence
    Property ID
    US66-0493884
    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

    • Signs 330 LLC / Sign Shop / Graphic Designer

    Property Details for 118 Main St

    Year built
    1963
    Lot size
    0.47 lot acres
    Property size
    3,080 SF
    Property type
    Turn key restaurants
    APN
    58-02539
    APU
    5802539

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Munroe Falls
    County
    Summit
    State
    Ohio
    Longitude
    -81.4392
    Latitude
    41.1361
    CBSA code
    10420
    CBSA name
    AKRON, 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
    $5,724
    $44,920
    $42,940
    $87,860
    -
    $128,340
    $122,690
    $251,030

    Comparable in this City

    • Value Estimation
      $545,000
      20,676 SF

      335 Main St

      RESTAURANT • 20,676 SF
      335 Main St, Munroe Falls, OH 44262-1608
      View Details
    • Value Estimation
      $235,000
      1,488 SF

      96 Main St

      RESTAURANT • 1,488 SF
      96 Main St, Munroe Falls, OH 44262-1644
      View Details
    • Value Estimation
      $530,000
      1,120 SF

      24 Munroe Fls Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,120 SF
      24 Munroe Fls Ave, Munroe Falls, OH 44262-1549
      View Details
    • Value Estimation by Request
      30,000 SF

      297 Main St. Sr-91

      Restaurants • 30,000 SF
      297 Main St. Sr-91, Munroe Falls, OH 44262
      View Details
    • Value Estimation
      $325,000
      8,812 SF

      9 Main St

      PARKING GARAGE, PARKING STRUCTURE • 8,812 SF
      9 Main St, Munroe Falls, OH 44262-1680
      View Details
    • Value Estimation by Request
      4,500 SF

      34-38 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,500 SF
      34-38 Main St, Munroe Falls, OH 44262
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      9,000 SF

      Retail Space in Munroe Falls

      Retail space available in Munroe Falls Center.
      9 S Main St State Rte, Munroe Falls, OH 44262
      View Details
    • Contact for pricing
      9,000 SF

      Munroe Falls Retail Center

      Prime Retail Space, Ohio
      9 Main St, Munroe Falls, OH 44262
      View Details
    • $27,600
      22,651 SF

      Munroe Falls Ground Lease Opportunity

      High-Visibility Commercial Land, NNN Lease
      10 Main St, Munroe Falls, OH 44262
      View Details
    • $14 SF/Yr
      3,850 SF

      Class B Office Space

      3,850 SF Class B office space for rent.
      55 South Main St, Munroe Falls, OH 44262
      View Details
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    118 Main St
    Munroe Falls, OH 44262-1638
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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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