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    Property profile & analytics

    21611 State Rte 51st W Genoa, OH 43430-1245

    • Truck terminals
    • 1,171 SF
    • 5.80 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    May 27, 2022
    $425,000
    Location Intelligence
    Property ID
    US66-2348038
    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

    • Truck terminals

    Property Details for 21611 State Rte 51st W

    Year built
    1948
    Lot size
    5.80 lot acres
    Property size
    1,171 SF
    Property type
    Truck terminals
    APN
    010-13639-18366-000
    APU
    101363918366000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $485,000
      6.5%
      $455,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $440,000
      Mixed-Use
      $545,000
      Hospitality
      $555,000
      Educational
      $495,000
      Residential Income
      $530,000
      Energy
      $565,000
      Income-Based Land
      $500,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Genoa
    County
    Ottawa
    State
    Ohio
    Longitude
    -83.3509
    Latitude
    41.5273
    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
    $7,406
    $32,599
    $68,264
    $100,863
    -
    $93,140
    $195,040
    $288,180

    Comparable in this City

    • Value Estimation
      $240,000
      101.25 Acres

      Genoa, OH 43430

      INDUSTRIAL (GENERAL) • 101.25 Acres
      Genoa, OH 43430
      View Details
    • Value Estimation by Request
      41,868 SF

      1240 Genoa Clay Ctr Rd

      MANUFACTURING (LIGHT) • 41,868 SF
      1240 Genoa Clay Ctr Rd, Genoa, OH 43430-1206
      View Details
    • Value Estimation
      $215,000
      9,496 SF

      22151 Industrial Park Dr

      LIGHT INDUSTRIAL • 9,496 SF
      22151 Industrial Park Dr, Genoa, OH 43430
      View Details
    • Value Estimation by Request
      42,393 SF

      210 4th St

      MANUFACTURING (LIGHT) • 42,393 SF
      210 4th St, Genoa, OH 43430-1651
      View Details
    • Value Estimation
      $205,000
      5,800 SF

      22180 Industrial Park Dr

      MANUFACTURING (LIGHT) • 5,800 SF
      22180 Industrial Park Dr, Genoa, OH 43430-1832
      View Details
    • Value Estimation
      $480,000
      11,904 SF

      22180 Industrial Park Dr

      MANUFACTURING (LIGHT) • 11,904 SF
      22180 Industrial Park Dr, Genoa, OH 43430-1832
      View Details

    Similar Nearby for Sale

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      High-traffic location, 7 offices, 2 baths
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    • $110,000
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      Commercial Building with High Traffic

      Commercial building in great shape with high traffic location.
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    • $90,000
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      Commercial Land on State Route

      Three acres of commercial land with frontage on State Route.
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      View Details
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    21611 State Rte 51st W
    Genoa, OH 43430-1245
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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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