Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    121 3rd St Salem, OH 44460

    • Office buildings
    • 2,688 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Mar 27, 2023
    Location Intelligence
    Property ID
    US66-2199655
    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

    • Office buildings

    Property Details for 121 3rd St

    Year built
    1940
    Lot size
    0.13 lot acres
    Property size
    2,688 SF
    Property type
    Office buildings
    APN
    51-04190-000
    APU
    5104190000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8565
    Latitude
    40.903
    CBSA code
    41400
    CBSA name
    SALEM, 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
    $2,154
    $12,430
    $32,450
    $44,880
    -
    $35,500
    $92,700
    $128,200

    Comparable in this City

    • Value Estimation by Request
      1,400 SF

      12210 Lisbon Rd

      OFFICE BUILDING • 1,400 SF
      12210 Lisbon Rd, Salem, OH 44460
      View Details
    • Value Estimation
      $255,000
      1,376 SF

      690 Benton Rd

      OFFICE BUILDING • 1,376 SF
      690 Benton Rd, Salem, OH 44460-2035
      View Details
    • Value Estimation
      $345,000
      3,140 SF

      1070 State St

      OFFICE BUILDING • 3,140 SF
      1070 State St, Salem, OH 44460-2200
      View Details
    • Value Estimation
      $120,000
      2,304 SF

      4992 Newgarden Rd

      OFFICE BUILDING • 2,304 SF
      4992 Newgarden Rd, Salem, OH 44460-9585
      View Details
    • Value Estimation
      $340,000
      2,250 SF

      600 State St

      OFFICE BUILDING • 2,250 SF
      600 State St, Salem, OH 44460-2935
      View Details
    • Value Estimation
      $190,000
      3,092 SF

      1376 State St

      OFFICE BUILDING • 3,092 SF
      1376 State St, Salem, OH 44460-2327
      View Details

    Similar Nearby for Sale

    • $249,900
      0.10 Acres

      Prime Salem Commercial Space

      Versatile building, excellent location. High potential.
      293 Ellsworth Ave, Salem, OH 44460
      View Details
    • $290,000
      4,236 SF

      Salem Mixed-Use Investment Opportunity

      Three-building property, vacant, high potential.
      777 Ellsworth Ave, Salem, OH 44460
      View Details
    • $2,345,000
      30,200 SF

      Salem Auto Shop - 5 Acres

      Prime vacant auto shop, 30,200 sq ft.
      152 Continental Dr, Salem, OH 44460
      View Details
    • $1,200,000
      77.45 Acres

      Salem, OH Commercial Land - 77 Acres

      Prime 77-acre commercial land, ideal for development.
      0 State St Butcher Rd And E Pershing St, Salem, OH 44460
      View Details
    • $169,900
      1.25 Acres

      Commercial Land in High-Traffic Area

      1.25 acre commercial land in a high-traffic location.
      N Cunningham Rd, Salem, OH 44460
      View Details
    • $169,900
      1.25 Acres

      Commercial Land in High-Traffic Area

      1.25 acre commercial land parcel in Salem, Ohio.
      Salem, OH 44460
      View Details

    Similar Nearby for Lease

    • $500 /Mo
      70,349 SF

      Class A Office Space

      Professionally finished office space with all-inclusive gross lease.
      333 W 4Th St, Salem, OH 44460
      View Details
    • $350 /Mo
      44 SF

      Commercial Office Space For Rent

      Two-room office suites available for lease, utilities included.
      671 E State St, Salem, OH 44460
      View Details
    • $12 SF/Yr
      20,055 SF

      Salem Retail Space: 1,496 SF

      Prime Salem, OH retail space available. High-traffic location.
      2789 State St, Salem, OH 44460
      View Details
    • $1,200 /Mo
      5,410 SF

      Salem, OH Retail/Office Space

      1,938 sqft retail or office space with dedicated parking.
      111 Jennings Ave, Salem, OH 44460
      View Details
    • $1,000 /Mo
      4,199 SF

      Retail/Office Space in Salem, OH

      Versatile commercial space in Salem, suitable for retail or office.
      293 N Ellsworth Ave, Salem, OH 44460
      View Details
    • $825 /Mo

      Salem Ranch Condo For Rent

      One bed, one bath ranch condo with attached garage.
      1164 S Lincoln Ave, Salem, OH 44460
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 3rd St
    Salem, OH 44460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.