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

    2 Franklin Ave Shelby, OH 44875-1602

    • Manufacturing properties
    • 88,537 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    $740,000
    Last Sale
    Oct 06, 2021
    Location Intelligence
    Property ID
    US66-1987947
    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

    • Manufacturing properties

    Property Details for 2 Franklin Ave

    Year built
    1914
    Lot size
    1.38 lot acres
    Property size
    88,537 SF
    Property type
    Manufacturing properties
    APN
    046-08-027-01-000
    APU
    460802701000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Richland
    State
    Ohio
    Longitude
    -82.6558
    Latitude
    40.8758
    CBSA code
    31900
    CBSA name
    MANSFIELD, 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
    $30,441
    $13,280
    $512,310
    $525,590
    -
    $37,950
    $1,463,750
    $1,501,700

    Comparable in this City

    • Value Estimation
      $255,000
      14,508 SF

      147 Curtis Dr

      MANUFACTURING (LIGHT) • 14,508 SF
      147 Curtis Dr, Shelby, OH 44875-9501
      View Details
    • Value Estimation
      $430,000
      22,502 SF

      5085 Main St

      MANUFACTURING (LIGHT) • 22,502 SF
      5085 Main St, Shelby, OH 44875
      View Details
    • Value Estimation by Request
      14,408 SF

      Hinesville Rd

      MANUFACTURING (LIGHT) • 14,408 SF
      Hinesville Rd, Shelby, OH 44875
      View Details
    • Value Estimation
      $100,000
      5,440 SF

      89 Sikorski Dr

      MANUFACTURING (LIGHT) • 5,440 SF
      89 Sikorski Dr, Shelby, OH 44875-2140
      View Details
    • Value Estimation
      $535,000
      191,158 SF

      15 Smiley Ave

      MANUFACTURING (LIGHT) • 191,158 SF
      15 Smiley Ave, Shelby, OH 44875-1081
      View Details
    • Value Estimation by Request
      44,190 SF

      139 Technology Pkwy

      MANUFACTURING (LIGHT) • 44,190 SF
      139 Technology Pkwy, Shelby, OH 44875-1891
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39,637 SF

      Shelby Commercial Gem: 39,637 SF

      Historic Shelby building, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
      View Details
    • $995,000
      4,412 SF

      Turnkey Retail Meat and Deli

      Well-known, full-service retail meat and deli with custom processing.
      5001 Oh-39, Shelby, OH 44875
      View Details
    • $129,900
      2,185 SF

      Mixed-Use Building in Shelby, OH

      Mixed-use commercial building with storefront and apartment in Shelby.
      38 Main St, Shelby, OH 44875
      View Details
    • $89,900

      Private 4-Acre Country Land

      Secluded 4-acre parcel near Shelby, Ohio, with potential homesite.
      7320 Fenner Rd, Shelby, OH 44875
      View Details
    • Contact for pricing

      Downtown Shelby Commercial Lot

      Prime 0.34-acre lot, endless potential.
      108 Main St, Shelby, OH 44875
      View Details
    • $1,150,000
      39,637 SF

      Shelby Ohio Retail Center

      High-traffic, vacant shopping center
      140 Mansfield Ave, Shelby, OH 44875
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,667 SF

      Shelby Plaza Executive Suites

      Prime Retail/Office Space Available
      219 Mansfield Ave, Shelby, OH 44875
      View Details
    • $348 /Mo
      39,637 SF

      Prime Shelby Commercial Property

      Spacious former grocery store, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
      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.
    2 Franklin Ave
    Shelby, OH 44875-1602
    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.