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    Property profile & analytics

    24950 State Rte 51st W Millbury, OH 43447-9530

    • Banks
    • 2,160 SF
    • 3.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1119540
    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

    • Banks

    Property Details for 24950 State Rte 51st W

    Year built
    1973
    Construction
    BRICK
    Lot size
    3.19 lot acres
    Property size
    2,160 SF
    Property type
    Banks
    APN
    001-00153-00176-000
    APU
    10015300176000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Ottawa
    State
    Ohio
    Longitude
    -83.4147
    Latitude
    41.5678
    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
    $7,333
    $35,151
    $57,645
    $92,796
    -
    $100,430
    $164,700
    $265,130

    Comparable in this City

    • Value Estimation
      $1,660,000
      3,474 SF

      Ave Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,474 SF
      Ave Rd, Millbury, OH 43447
      View Details
    • Value Estimation
      $445,000
      240 SF

      26250 Cummings Rd

      RETAIL STORES (PERSONAL SERVICES) • 240 SF
      26250 Cummings Rd, Millbury, OH 43447-9763
      View Details
    • Value Estimation by Request

      Ss St

      GYM, HEALTH SPA
      Ss St, Millbury, OH 43447
      View Details
    • Value Estimation by Request
      1,740 SF

      24075 State Rte 51st W

      SHOW ROOM, WAREHOUSE • 1,740 SF
      24075 State Rte 51st W, Millbury, OH 43447
      View Details
    • Value Estimation
      $175,000
      2,304 SF

      24861 State Rte 51st W

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      24861 State Rte 51st W, Millbury, OH 43447-9530
      View Details
    • Value Estimation
      $205,000
      2,024 SF

      1420 Woodville Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,024 SF
      1420 Woodville Rd, Millbury, OH 43447
      View Details

    Similar Nearby for Sale

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      Established Catering Business, Real Estate Included
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    24950 State Rte 51st W
    Millbury, OH 43447-9530
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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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