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    Property profile & analytics

    223 Washington St Van Wert, OH 45891-1256

    • Grocery and convenience stores
    OFF-MARKET
    Value Estimation
    Last Sale
    May 31, 2023
    Location Intelligence
    Property ID
    US66-4797402
    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

    • Collins Fine Foods / Wine Store

    Property Details for 223 Washington St

    Year built
    1930
    Construction
    BRICK
    Property type
    Grocery and convenience stores
    APN
    12-018072.0000
    APU
    120180720000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Van Wert
    County
    Van Wert
    State
    Ohio
    Longitude
    -84.5834
    Latitude
    40.8714
    CBSA code
    46780
    CBSA name
    VAN WERT, OH MICROPOLITAN 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
    $823
    $5,640
    $9,700
    $15,340
    -
    $16,110
    $27,710
    $43,820

    Comparable in this City

    • Value Estimation
      $2,590,000
      6.14 Acres

      1111 Shannon St

      GROCERY, SUPERMARKET • 6.14 Acres
      1111 Shannon St, Van Wert, OH 45891-2434
      View Details
    • Value Estimation
      $215,000
      3.15 Acres

      1108-1116 Washington St

      GROCERY, SUPERMARKET • 3.15 Acres
      1108-1116 Washington St, Van Wert, OH 45891
      View Details
    • Value Estimation by Request

      732 Main St

      GROCERY, SUPERMARKET
      732 Main St, Van Wert, OH 45891-1647
      View Details
    • Value Estimation
      $2,085,000
      8.72 Acres

      811 Fox Rd

      GROCERY, SUPERMARKET • 8.72 Acres
      811 Fox Rd, Van Wert, OH 45891-2473
      View Details
    • Value Estimation by Request

      1022 Shannon St

      GROCERY, SUPERMARKET
      1022 Shannon St, Van Wert, OH 45891-2245
      View Details
    • Value Estimation by Request

      Central Ave

      FINANCIAL BUILDING
      Central Ave, Van Wert, OH 45891
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.30 Acres

      Van Wert Commercial Land Outlot

      Prime 1.3-acre outlot near Rural King
      811 Fox Rd, Van Wert, OH 45891
      View Details
    • $1,166,667
      1,418 SF

      NNN Investment Property For Sale

      Long-term NNN lease with attractive annual rental increases.
      100 Christopher Xing, Van Wert, OH 45891
      View Details
    • $619,900

      Equestrian Center on 18 Acres

      24,000 SF equestrian center with indoor arena and 30 stalls.
      8399 Hook Rd, Van Wert, OH 45891
      View Details
    • $2,758,420

      Commercial Land in Retail Corridor

      Land available in Van Wert's primary retail corridor.
      1234 S Shannon St, Van Wert, OH 45891
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,008 SF

      Main Street Retail Opportunity

      Van Wert, OH: Prime Retail Space Available
      244 Main St, Van Wert, OH 45891
      View Details
    • Contact for pricing
      1 SF

      Van Wert Outlot: Rural King Area

      1.3-Acre Commercial Land, High Traffic
      811 Fox Rd, Van Wert, OH 45891
      View Details
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    223 Washington St
    Van Wert, OH 45891-1256
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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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