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    Property profile & analytics

    240 State Rd Hinckley, OH 44233-9465

    • Warehouses
    • 11,512 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 15, 2024
    Location Intelligence
    Property ID
    US66-1232871
    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

    • Warehouses

    Property Details for 240 State Rd

    Year built
    1984
    Lot size
    0.96 lot acres
    Property size
    11,512 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    028-19A-20-093
    APU
    02819A20093

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hinckley
    County
    Medina
    State
    Ohio
    Longitude
    -81.8779
    Latitude
    41.1376
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $8,192
    $35,870
    $104,510
    $140,380
    -
    $102,490
    $298,610
    $401,100

    Comparable in this City

    • Value Estimation
      $390,000
      4,160 SF

      2447 Ctr Rd

      MINI-WAREHOUSE, STORAGE • 4,160 SF
      2447 Ctr Rd, Hinckley, OH 44233-9560
      View Details
    • Value Estimation
      $365,000
      3,724 SF

      Parker Rd

      MINI-WAREHOUSE, STORAGE • 3,724 SF
      Parker Rd, Hinckley, OH 44233
      View Details
    • Value Estimation by Request
      336 SF

      David Dr

      MINI-WAREHOUSE, STORAGE • 336 SF
      David Dr, Hinckley, OH 44233
      View Details
    • Value Estimation
      $380,000
      398 SF

      1088 Rdg Rd

      MINI-WAREHOUSE, STORAGE • 398 SF
      1088 Rdg Rd, Hinckley, OH 44233-9424
      View Details
    • Value Estimation
      $1,300,000
      11,072 SF

      2699 Ctr Rd

      MINI-WAREHOUSE, STORAGE • 11,072 SF
      2699 Ctr Rd, Hinckley, OH 44233-9562
      View Details
    • Value Estimation
      $325,000
      16,752 SF

      2601 Ctr Rd

      MINI-WAREHOUSE, STORAGE • 16,752 SF
      2601 Ctr Rd, Hinckley, OH 44233-9562
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.13 Acres

      Brunswick Commerce Center: 5.13 Acres

      Prime Industrial Land: Build-to-Suit Opportunity
      0 Carquest Dr, Hinckley, OH 44233
      View Details
    • Contact for pricing
      4.00 Acres

      Brunswick Commerce Center: 4 Acres

      Prime Industrial Land, Build-to-Suit
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    • $395,000
      Pending

      Hinckley Vacant Land Opportunity

      2.88-acre vacant lot in Arborcrest Reserve, Hinckley, OH.
      997 Arborcrest Dr, Hinckley, OH 44233
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      2 AC divisible land with high traffic and income.
      2733 Center Rd, Hinckley, OH 44233
      View Details

    Similar Nearby for Lease

    • $2,700 /Mo
      2,500 SF

      Hinckley Office Space Available

      2,500 SF office space for lease in Hinckley, OH.
      2557-2581 Center Rd, Hinckley, OH 44233
      View Details
    • $1,600 /Mo
      Pending

      Hinckley Office Space For Rent

      Remodeled office space with private entrance and signage opportunity.
      1296 Ridge Rd, Hinckley, OH 44233
      View Details
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    240 State Rd
    Hinckley, OH 44233-9465
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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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