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    Property profile & analytics

    12437 Us Hwy 224 Alvada, OH 44802

    • Industrial properties
    • 52.99 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US66-2962726
    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

    • Industrial properties

    Property Details for 12437 Us Hwy 224

    Lot size
    52.99 lot acres
    Property type
    Industrial properties
    APN
    I34000536000000
    APU
    I34000536000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alvada
    County
    Seneca
    State
    Ohio
    Longitude
    -83.4087
    Latitude
    41.084
    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
    $15,901
    $215,130
    $40,840
    $255,970
    -
    $614,650
    $116,690
    $731,340

    Comparable in this City

    • Value Estimation by Request

      2959 Us-23

      Distribution properties
      2959 Us-23, Alvada, OH 44802
      View Details
    • Value Estimation by Request
      40,662 SF

      2959 Us-23

      Distribution properties • 40,662 SF
      2959 Us-23, Alvada, OH 44802
      View Details
    • Value Estimation
      $555,000
      24,000 SF

      12137 Us Hwy 224

      INDUSTRIAL (GENERAL) • 24,000 SF
      12137 Us Hwy 224, Alvada, OH 44802-9609
      View Details
    • Value Estimation
      $295,000
      5,240 SF

      4777 Us Hwy 23

      LIGHT INDUSTRIAL • 5,240 SF
      4777 Us Hwy 23, Alvada, OH 44802-9702
      View Details
    • Value Estimation by Request
      9,520 SF

      23546 Us Hwy 224

      LIGHT INDUSTRIAL • 9,520 SF
      23546 Us Hwy 224, Alvada, OH 44802-9641
      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

    • $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
    • $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
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    12437 Us Hwy 224
    Alvada, OH 44802
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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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