Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    256 Lisbon St Carrollton, OH 44615-1330

    • Medical Office Space
    • 2,005 SF
    • 0.18 lot acres
    OFF-MARKET
    Last Sale
    Jul 02, 2024
    $125,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2333199
    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

    • Medical Office Space

    Property Details for 256 Lisbon St

    Year built
    1947
    Construction
    BRICK
    Lot size
    0.18 lot acres
    Property size
    2,005 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    10-0000674.000
    APU
    100000674000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Ohio
    Longitude
    -81.0844
    Latitude
    40.5743
    CBSA code
    15940
    CBSA name
    CANTON-MASSILLON, 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
    $1,853
    $6,910
    $37,190
    $44,100
    -
    $19,740
    $106,270
    $126,010

    Comparable in this City

    • Value Estimation by Request
      1,872 SF

      70 Lisbon St

      MEDICAL BUILDING • 1,872 SF
      70 Lisbon St, Carrollton, OH 44615-1326
      View Details
    • Value Estimation by Request
      1,681 SF

      25 3rd NE St

      MEDICAL BUILDING • 1,681 SF
      25 3rd NE St, Carrollton, OH 44615-1205
      View Details
    • Value Estimation by Request
      1,860 SF

      1029 Countryside NW Dr

      MEDICAL BUILDING • 1,860 SF
      1029 Countryside NW Dr, Carrollton, OH 44615-9495
      View Details
    • Value Estimation by Request
      2,100 SF

      559 Canton NW Rd

      MEDICAL BUILDING • 2,100 SF
      559 Canton NW Rd, Carrollton, OH 44615-8440
      View Details
    • Value Estimation by Request
      17,330 SF

      1020 Trump NW Rd

      MEDICAL BUILDING • 17,330 SF
      1020 Trump NW Rd, Carrollton, OH 44615-8422
      View Details
    • Value Estimation by Request
      560 SF

      70 Lisbon St

      MEDICAL BUILDING • 560 SF
      70 Lisbon St, Carrollton, OH 44615-1326
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Vacant Land Near Leesville Lake

      Four parcels of land near Leesville Lake with mineral rights.
      5025 Fox Dr SW, Carrollton, OH 44615
      View Details
    • $720,000
      Pending

      80+ Acres Near Carrollton, OH

      80+ acre property near town, ideal for farming/building.
      Kensington Rd NE, Carrollton, OH 44615
      View Details
    • $300,000
      0.14 Acres

      Bowling Alley with Restaurant/Bar

      Updated bowling alley with potential restaurant/bar in Carrollton, OH.
      592 6Th St NW, Carrollton, OH 44615
      View Details
    • Contact for pricing

      33.47 Acres Development Opportunity

      Prime development land in Carrollton's retail hub.
      1190 Mace Rd NE, Carrollton, OH 44615
      View Details
    • $45,900
      0.22 Acres

      Carrollton Mixed-Use Commercial Property

      Prime Carrollton location, auto shop & mobile home.
      8050 Kensington Rd, Carrollton, OH 44615
      View Details

    Similar Nearby for Lease

    • $800 /Mo
      38,333 SF

      Renovated Commercial Space with Utilities

      Freshly renovated commercial space with included utilities near new schools.
      120 Scio Rd SE, Carrollton, OH 44615
      View Details
    • $1,200 /Mo
      38,333 SF

      Renovated Commercial Space with Utilities

      Renovated commercial space near schools, utilities included, endless business opportunities.
      120 Scio Rd SE, Carrollton, OH 44615
      View Details
    • $1,600 /Mo
      38,333 SF

      Renovated Commercial Space Available

      Freshly renovated commercial space suitable for various business opportunities.
      120 Scio Rd SE unit A/B, Carrollton, OH 44615
      View Details
    • Contact for pricing
      12,565 SF

      Retail Building Available For Rent

      Retail building with 12,565 square feet available for rent.
      340 W Main St, Carrollton, OH 44615
      View Details
    • Contact for pricing
      12,600 SF

      Retail Space Available For Rent

      Retail property with 12,600 square feet available for rent.
      1305 Canton Rd NW, Carrollton, OH 44615
      View Details
    • Contact for pricing
      43,415 SF

      Prime Carrollton Retail Space

      10,000 SF Available, Flexible Lease
      592 12Th St, Carrollton, OH 44615
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    256 Lisbon St
    Carrollton, OH 44615-1330
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!