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    Property profile & analytics

    11960 Us Hwy 224 Alvada, OH 44802-9609

    • Gas stations
    • 3,418 SF
    • 7.34 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US66-4301169
    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

    • Gas stations

    Property Details for 11960 Us Hwy 224

    Year built
    2000
    Construction
    FRAME
    Lot size
    7.34 lot acres
    Property size
    3,418 SF
    Property type
    Gas stations
    APN
    I34000537360701
    APU
    I34000537360701

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $315,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $295,000
      Mixed-Use
      $300,000
      Hospitality
      $265,000
      Educational
      $285,000
      Residential Income
      $275,000
      Energy
      $270,000
      Income-Based Land
      $360,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Alvada
    County
    Seneca
    State
    Ohio
    Longitude
    -83.3999
    Latitude
    41.0816
    CBSA code
    45660
    CBSA name
    TIFFIN, 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
    $5,435
    $37,240
    $81,930
    $119,170
    -
    $106,400
    $234,080
    $340,480

    Comparable in this City

    • Value Estimation
      $260,000
      2,962 SF

      2860 Us Hwy 23

      SERVICE STATION (FULL SERVICE) • 2,962 SF
      2860 Us Hwy 23, Alvada, OH 44802-9756
      View Details
    • Value Estimation
      $50,000
      4.71 Acres

      Cr 6th 6

      PARKING GARAGE, PARKING STRUCTURE • 4.71 Acres
      Cr 6th 6, Alvada, OH 44802
      View Details
    • Value Estimation
      $235,000
      9,154 SF

      5060 Us Hwy 23

      SHOW ROOM, WAREHOUSE • 9,154 SF
      5060 Us Hwy 23, Alvada, OH 44802
      View Details
    • Value Estimation by Request
      436 SF

      Cr 10

      RETAIL STORES (PERSONAL SERVICES) • 436 SF
      Cr 10, Alvada, OH 44802
      View Details
    • Value Estimation
      $205,000
      52.99 Acres

      12437 Us Hwy 224

      INDUSTRIAL (GENERAL) • 52.99 Acres
      12437 Us Hwy 224, Alvada, OH 44802
      View Details
    • Value Estimation by Request
      0.77 Acres

      Us 224

      VACANT COMMERCIAL LAND • 0.77 Acres
      Us 224, Alvada, OH 44802
      View Details

    Similar Nearby for Sale

    • $850,000
      2,962 SF

      Junction Station Convenience Store Asset

      Gas station and convenience store with immediate returns and long-term growth.
      2860 Us Highway 23, Alvada, OH 44802
      View Details
    • $200,000

      5 Acres on US 224

      Multi-family property with development potential on US 224.
      23652 Us Highway 224, Alvada, OH 44802
      View Details
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    Alvada, OH 44802-9609
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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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