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    Property profile & analytics

    295 State St Salem, OH 44460-2844

    • Office buildings
    • 4,050 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 08, 2021
    Location Intelligence
    Property ID
    US66-1916790
    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

    • Crabb Insurance Agency, Inc. / Insurance Agency
    • Stratos Wealth Partners / Financial Planner
    • Royal Alliance Associates Inc / Stock Broker

    Property Details for 295 State St

    Year built
    1860
    Lot size
    0.04 lot acres
    Property size
    4,050 SF
    Property type
    Office buildings
    APN
    51-04297-000
    APU
    5104297000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8554
    Latitude
    40.9008
    CBSA code
    41400
    CBSA name
    SALEM, OH MICROPOLITAN 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
    $1,286
    $5,460
    $21,320
    $26,780
    -
    $15,600
    $60,900
    $76,500

    Comparable in this City

    • Value Estimation by Request
      1,510 SF

      220 Lundy Ave

      OFFICE BUILDING • 1,510 SF
      220 Lundy Ave, Salem, OH 44460-2951
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    • Value Estimation
      $355,000
      10,376 SF

      161 Lincoln Ave

      OFFICE BUILDING • 10,376 SF
      161 Lincoln Ave, Salem, OH 44460-2903
      View Details
    • Value Estimation
      $1,455,000
      10,290 SF

      11718 Salem Warren Rd

      OFFICE BUILDING • 10,290 SF
      11718 Salem Warren Rd, Salem, OH 44460-9667
      View Details
    • Value Estimation
      $490,000
      3,244 SF

      616 State St

      OFFICE BUILDING • 3,244 SF
      616 State St, Salem, OH 44460-2935
      View Details
    • Value Estimation
      $335,000
      5,130 SF

      330 State St

      OFFICE BUILDING • 5,130 SF
      330 State St, Salem, OH 44460-2847
      View Details
    • Value Estimation
      $70,000
      1,200 SF

      767 State St

      OFFICE BUILDING • 1,200 SF
      767 State St, Salem, OH 44460-2664
      View Details

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    Similar Nearby for Lease

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      Versatile commercial space in Salem, suitable for retail or office.
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    295 State St
    Salem, OH 44460-2844
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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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