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    Property profile & analytics

    16523 State Rte 124 Piketon, OH 45661-9728

    • Office buildings
    • 2,880 SF
    • 18.27 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US66-4958351
    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 16523 State Rte 124

    Lot size
    18.27 lot acres
    Property size
    2,880 SF
    Property type
    Office buildings
    APN
    13-071801.0000
    APU
    130718010000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Piketon
    County
    Pike
    State
    Ohio
    Longitude
    -83.116
    Latitude
    39.0664

    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
    $10,814
    $28,670
    $253,570
    $282,240
    -
    $81,900
    $724,490
    $806,390

    Comparable in this City

    • Value Estimation by Request
      1,536 SF

      425 Clark St

      OFFICE BUILDING (MULTI-STORY) • 1,536 SF
      425 Clark St, Piketon, OH 45661-8003
      View Details
    • Value Estimation by Request
      8,721 SF

      6929 Us Hwy 23

      OFFICE BUILDING (MULTI-STORY) • 8,721 SF
      6929 Us Hwy 23, Piketon, OH 45661-9701
      View Details
    • Value Estimation
      $195,000
      3,840 SF

      528 St

      OFFICE BUILDING (MULTI-STORY) • 3,840 SF
      528 St, Piketon, OH 45661-8042
      View Details
    • Value Estimation by Request
      5,460 SF

      State E Side S Rte 124th, Unit 30

      OFFICE BUILDING (MULTI-STORY) • 5,460 SF
      State E Side S Rte 124th, Piketon, OH 45661
      View Details
    • Value Estimation
      $225,000
      6,000 SF

      65 Seif Rd, Unit T-603

      OFFICE BUILDING (MULTI-STORY) • 6,000 SF
      65 Seif Rd, Piketon, OH 45661
      View Details
    • Value Estimation by Request
      7,200 SF

      Good Mnr Rd

      OFFICE BUILDING (MULTI-STORY) • 7,200 SF
      Good Mnr Rd, Piketon, OH 45661
      View Details

    Similar Nearby for Sale

    • $199,000
      6.82 Acres

      Piketon Commercial Land For Sale

      Commercial land available between SR 23 and Wakefield Mound Rd.
      Sr 23, Piketon, OH 45661
      View Details
    • $525,000
      12.70 Acres

      Piketon, OH Development Land

      12.7 acres of prime development land with road frontage.
      4405 Us Rte, Piketon, OH 45661
      View Details
    • $525,000
      12 SF

      Prime Development Land on US-23

      11.6 acres of surveyed land with frontage on US-23.
      4405 Piketon Rd, Piketon, OH 45661
      View Details
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    16523 State Rte 124
    Piketon, OH 45661-9728
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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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