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    Property profile & analytics

    247 Franklin St Richwood, OH 43344-1029

    • Office Properties & Spaces
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 28, 2020
    $39,500
    Location Intelligence
    Property ID
    US66-2711000
    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

    • Office Properties & Spaces

    Property Details for 247 Franklin St

    Lot size
    0.46 lot acres
    Property type
    Office Properties & Spaces
    APN
    06-0006123.0000
    APU
    600061230000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richwood
    County
    Union
    State
    Ohio
    Longitude
    -83.2972
    Latitude
    40.431
    CBSA code
    18140
    CBSA name
    COLUMBUS, 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
    $834
    $4,200
    $8,790
    $12,990
    -
    $12,000
    $25,120
    $37,120

    Comparable in this City

    • Value Estimation by Request
      768 SF

      4 Franklin St

      OFFICE (GENERAL) • 768 SF
      4 Franklin St, Richwood, OH 43344-1027
      View Details
    • Value Estimation by Request
      360 SF

      11855 Landon Rd

      OFFICE (GENERAL) • 360 SF
      11855 Landon Rd, Richwood, OH 43344
      View Details
    • Value Estimation by Request
      1,368 SF

      28 Marriott St

      OFFICE (GENERAL) • 1,368 SF
      28 Marriott St, Richwood, OH 43344-1166
      View Details
    • Value Estimation by Request
      3.52 Acres

      Cherry St

      OFFICE (GENERAL) • 3.52 Acres
      Cherry St, Richwood, OH 43344
      View Details
    • Value Estimation
      $165,000
      0.05 Acres

      Ww Blagrove St At N Fulton St St

      OFFICE (GENERAL) • 0.05 Acres
      Ww Blagrove St At N Fulton St St, Richwood, OH 43344
      View Details
    • Value Estimation
      $210,000
      1.75 Acres

      Grahm Jones Rd

      OFFICE (GENERAL) • 1.75 Acres
      Grahm Jones Rd, Richwood, OH 43344
      View Details

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    247 Franklin St
    Richwood, OH 43344-1029
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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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