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    Property profile & analytics

    12015 State Rte 118 Van Wert, OH 45891-9250

    • Investment properties
    • 2.74 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US66-4825939
    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

    • Investment properties

    Property Details for 12015 State Rte 118

    Year built
    1975
    Construction
    STEEL FRAME
    Lot size
    2.74 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    11-016380.0100
    APU
    110163800100

    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
    -84.6119
    Latitude
    40.8291
    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
    $2,946
    $7,810
    $47,060
    $54,870
    -
    $22,310
    $134,460
    $156,770

    Comparable in this City

    • Value Estimation by Request

      185 Burt St

      OFFICE/RESIDENTIAL (MIXED USE)
      185 Burt St, Van Wert, OH 45891-1404
      View Details
    • Value Estimation by Request

      221 Keplar St

      OFFICE/RESIDENTIAL (MIXED USE)
      221 Keplar St, Van Wert, OH 45891
      View Details
    • Value Estimation by Request

      124 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      124 Main St, Van Wert, OH 45891-1725
      View Details
    • Value Estimation by Request

      218 Market St

      OFFICE/RESIDENTIAL (MIXED USE)
      218 Market St, Van Wert, OH 45891-2031
      View Details
    • Value Estimation by Request

      117 Washington St

      OFFICE/RESIDENTIAL (MIXED USE)
      117 Washington St, Van Wert, OH 45891-1705
      View Details
    • Value Estimation by Request

      121 Washington St

      OFFICE/RESIDENTIAL (MIXED USE)
      121 Washington St, Van Wert, OH 45891-1707
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Equestrian Center on 18 Acres

      24,000 SF equestrian center with indoor arena and 30 stalls.
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      1,418 SF

      NNN Investment Property For Sale

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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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    12015 State Rte 118
    Van Wert, OH 45891-9250
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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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