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

    14824 State Rte 113 Wakeman, OH 44889-8315

    • Grocery and convenience stores
    • 1,864 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US66-1168435
    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

    • Grocery and convenience stores

    Property Details for 14824 State Rte 113

    Year built
    1900
    Lot size
    1.16 lot acres
    Property size
    1,864 SF
    Property type
    Grocery and convenience stores
    APN
    07-00704-000
    APU
    700704000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $455,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $370,000
      Mixed-Use
      $480,000
      Hospitality
      $485,000
      Educational
      $385,000
      Residential Income
      $420,000
      Energy
      $425,000
      Income-Based Land
      $485,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Wakeman
    County
    Erie
    State
    Ohio
    Longitude
    -82.3616
    Latitude
    41.33
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $2,086
    $6,629
    $36,494
    $43,123
    -
    $18,940
    $104,270
    $123,210

    Comparable in this City

    • Value Estimation by Request
      1,900 SF

      1918 State Rte 18

      RETAIL STORES (PERSONAL SERVICES) • 1,900 SF
      1918 State Rte 18, Wakeman, OH 44889-9756
      View Details
    • Value Estimation
      $415,000
      9,217 SF

      64 Hyde St

      RETAIL STORES (PERSONAL SERVICES) • 9,217 SF
      64 Hyde St, Wakeman, OH 44889-9301
      View Details
    • Value Estimation by Request
      2,080 SF

      15 Main St

      FINANCIAL BUILDING • 2,080 SF
      15 Main St, Wakeman, OH 44889-9701
      View Details
    • Value Estimation
      $135,000
      1,600 SF

      467 Hyde St

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      467 Hyde St, Wakeman, OH 44889-9101
      View Details
    • Value Estimation by Request
      990 SF

      21 Main St

      RETAIL STORES (PERSONAL SERVICES) • 990 SF
      21 Main St, Wakeman, OH 44889-9742
      View Details
    • Value Estimation
      $250,000
      1,152 SF

      17 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,152 SF
      17 Main St, Wakeman, OH 44889-9701
      View Details

    Similar Nearby for Sale

    • $390,000
      14.84 Acres

      Wakeman, OH Agricultural Land

      14.8 acre parcel zoned General Business with outbuilding.
      6175 Us Highway 20, Wakeman, OH 44889
      View Details
    • $269,900
      16.75 Acres

      Wakeman, OH Land Parcel

      16.75-acre parcel zoned Commercial/Industrial/Residential in Firelands School District.
      State Route 113, Wakeman, OH 44889
      View Details
    • $550,000
      12.38 Acres

      Wakeman Commercial Land - $550K

      12 Acres, C2 Zoning, High Visibility
      2508 Oh-60, Wakeman, OH 44889
      View Details
    • $195,000

      Wakeman, OH Multi-Family Investment

      Three-unit multi-family property in Wakeman, Ohio, with cash flow.
      22 Main St, Wakeman, OH 44889
      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.
    14824 State Rte 113
    Wakeman, OH 44889-8315
    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.