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    Property profile & analytics

    301 3rd St Racine, OH 45771

    • Turn key restaurants
    • 2,160 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-4752094
    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

    • Sikorski's Family Restaurant / Family Restaurant / Breakfast Restaurant

    Property Details for 301 3rd St

    Year built
    1937
    Lot size
    0.05 lot acres
    Property size
    2,160 SF
    Property type
    Turn key restaurants
    APN
    1900530000
    APU
    1900530000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Meigs
    State
    Ohio
    Longitude
    -81.9167
    Latitude
    38.9698

    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
    $872
    $1,770
    $14,640
    $16,410
    -
    $5,050
    $41,820
    $46,870

    Comparable in this City

    • Value Estimation by Request
      1,608 SF

      46435 State Rte 248

      RESTAURANT • 1,608 SF
      46435 State Rte 248, Racine, OH 45771-6508
      View Details
    • Value Estimation
      $40,000
      1,320 SF

      45267 State Rte 124

      RESTAURANT • 1,320 SF
      45267 State Rte 124, Racine, OH 45771
      View Details
    • Value Estimation by Request
      2.83 Acres

      Ee 95th E Letart Rd Rd

      NURSERY, GREENHOUSE, FLORIST • 2.83 Acres
      Ee 95th E Letart Rd Rd, Racine, OH 45771
      View Details
    • Value Estimation by Request
      0.18 Acres

      5th St

      PARKING GARAGE, PARKING STRUCTURE • 0.18 Acres
      5th St, Racine, OH 45771
      View Details
    • Value Estimation by Request
      2,400 SF

      Elm St

      AUTO REPAIR, GARAGE • 2,400 SF
      Elm St, Racine, OH 45771
      View Details
    • Value Estimation
      $65,000
      0.06 Acres

      Pearl St

      PARKING GARAGE, PARKING STRUCTURE • 0.06 Acres
      Pearl St, Racine, OH 45771
      View Details

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      Over 25 acres of land perfect for a custom home.
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    301 3rd St
    Racine, OH 45771
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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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