Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

246 Cherry St Bluffton, OH 45817

  • Retail space
  • 4,500 SF
  • 0.74 lot acres
Value Estimation
Last Sale
Nov 04, 2024
$290,000
Location Intelligence
Property ID
US66-0134638
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

  • Bluffton Auto Sales / Car Dealer
  • Tommy's Trailer Sales / Trailer Dealer

Property Details for 246 Cherry St

Year built
2008
Lot size
0.74 lot acres
Property size
4,500 SF
Property type
Retail space
APN
28-1205-04-001.000
APU
28120504001000

Description

This exceptional commercial property, located at 246 Cherry Street Unit 246 in Bluffton, Ohio, presents a unique investment opportunity. The building boasts substantial dimensions, measuring 75 feet by 60 feet, providing ample space for a variety of commercial uses. A significant feature is the 6-foot by 75-foot awning extending across the front, offering excellent protection from the elements for customers and employees. The property sits on a generous 0.74-acre lot, providing ample room for expansion, parking, or outdoor activities related to the business. The asking price for this property is $325,000. The building's size and the expansive lot offer significant flexibility for potential buyers. Its location in Bluffton, Ohio, provides access to a thriving local community and convenient transportation links. This property is ideal for entrepreneurs seeking a versatile space to establish or expand their business. The substantial size and prominent awning make it highly visible and attractive to potential customers. The large lot offers possibilities for future development or expansion, adding further value to this already impressive offering. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The property is being sold as-is.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $285,000
    6.5%
    $300,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $300,000
    Geo Method
    $265,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $275,000
    Retail
    $290,000
    Mixed-Use
    $360,000
    Hospitality
    $345,000
    Educational
    $355,000
    Residential Income
    $300,000
    Energy
    $370,000
    Income-Based Land
    $285,000
    Food Service
    $370,000

Location Insight

  • Map
  • Local Demand
City
Bluffton
County
Allen
State
Ohio
Longitude
-83.8893
Latitude
40.8911
CBSA code
30620
CBSA name
LIMA, 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
$3,900
$8,330
$81,830
$90,160
-
$23,800
$233,800
$257,600
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