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    Property profile & analytics

    1528 Woodville Rd Millbury, OH 43447-9619

    • Bars
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    Jun 09, 2023
    $170,000
    Location Intelligence
    Property ID
    US66-1153983
    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

    • Medicare Showroom / Insurance Agency / Service Establishment
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency

    Property Details for 1528 Woodville Rd

    Lot size
    0.33 lot acres
    Property type
    Bars
    Property subtype
    Pubs
    APN
    H28-712-1203-09-011.000
    APU
    H28712120309011000

    Description

    This exceptional 2,500 square foot traditional office building is situated at 1528 Woodville Road in Millbury, Ohio, 43447. The property boasts a single tenancy and offers 1,250 square feet of immediately available space. The existing layout includes three private offices, a kitchen, a bathroom, and storage areas. The building sits on one acre of land. This location offers unparalleled visibility, situated on State Highway Route 51 (Woodville Road), a high-traffic thoroughfare with over 9,000 vehicles passing daily. The property benefits from a strong mix of established neighboring businesses, including Melocreme (52 years in business), Woodbury Market, Subway, a barber shop, a garage door company, a catering company, a wedding hall, a gymnastics/cheer studio, a dance studio, and a Dollar General. For businesses requiring additional space, an additional 1,250 square feet of open floor plan space is available within the building, offering expansion opportunities. This property presents a unique opportunity for businesses seeking a prominent location with high visibility and ample space in a thriving commercial area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $160,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $165,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $195,000
      Mixed-Use
      $190,000
      Hospitality
      $165,000
      Educational
      $145,000
      Residential Income
      $170,000
      Energy
      $155,000
      Income-Based Land
      $195,000
      Food Service
      $155,000

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Wood
    State
    Ohio
    Longitude
    -83.4262
    Latitude
    41.5766
    CBSA code
    45780
    CBSA name
    TOLEDO, 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
    $460
    $5,360
    $0.00
    $5,360
    -
    $15,300
    $0.00
    $15,300

    Comparable in this City

    • Value Estimation
      $85,000
      1,680 SF

      1450 Railroad St

      BAR, TAVERN • 1,680 SF
      1450 Railroad St, Millbury, OH 43447-9855
      View Details
    • Value Estimation
      $155,000
      0.14 Acres

      Woodville Rd

      BAR, TAVERN • 0.14 Acres
      Woodville Rd, Millbury, OH 43447
      View Details
    • Value Estimation
      $170,000
      0.16 Acres

      Woodville Rd

      BAR, TAVERN • 0.16 Acres
      Woodville Rd, Millbury, OH 43447
      View Details
    • Value Estimation
      $70,000
      0.20 Acres

      Main St

      RESTAURANT • 0.20 Acres
      Main St, Millbury, OH 43447
      View Details
    • Value Estimation by Request
      0.01 Acres

      Millbury Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.01 Acres
      Millbury Rd, Millbury, OH 43447
      View Details
    • Value Estimation
      $85,000
      0.20 Acres

      Oak St

      RESTAURANT • 0.20 Acres
      Oak St, Millbury, OH 43447
      View Details

    Similar Nearby for Sale

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      Established Catering Business, Real Estate Included
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      View Details
    • $1,900,000
      11,700 SF

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      Renovated shop with office space on 17 acres.
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    1528 Woodville Rd
    Millbury, OH 43447-9619
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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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