Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    302 Main Ave Sidney, OH 45365-3028
    Back to Search
    Property profile & analytics

    302 Main Ave, Sidney, OH 45365-3028

    View on Map
    • Specialty properties
    • 2,340 SF
    • 0.22 lot acres
    Off-Market
    Property ID
    US66-3140376
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cromes-Edwards Funeral Home & Crematory Inc. / Social Service Agency

    Property Details for 302 Main Ave

    Construction
    BRICK
    Lot size
    0.22 lot acres
    Property type
    Specialty properties
    APN
    01-1836277.002
    APU
    11836277002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2016 $425,000 Edwards Investment Properties LLC Cromes Investments LLC Warranty Deed $425k · Minster Bank
    Aug 31, 2016 — Edwards Investment Properties LLC — Deed · related $425k · Cromes Investments LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Sidney
    County
    Shelby
    State
    Ohio
    Longitude
    -84.1546
    Latitude
    40.2829
    CBSA code
    43380
    CBSA name
    SIDNEY, 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
    $1,671
    $3,960
    $33,420
    $37,380
    -
    $11,310
    $95,490
    $106,800

    Comparable in this City

    • Value Estimation by Request
      3,243 SF

      2329 Wapakoneta Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      2329 Wapakoneta Ave, Sidney, OH 45365
      View Details
    • Value Estimation by Request
      5,800 SF

      433 Ct St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      433 Ct St, Sidney, OH 45365-3043
      View Details
    • Value Estimation by Request
      5,474 SF

      7988 Johnston Slagle Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      7988 Johnston Slagle Rd, Sidney, OH 45365-9250
      View Details
    • Value Estimation by Request
      10,650 SF

      2841 Wapakoneta Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      2841 Wapakoneta Ave, Sidney, OH 45365-8311
      View Details
    • Value Estimation by Request
      11,760 SF

      1330 Main Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      1330 Main Ave, Sidney, OH 45365-9487
      View Details
    • Value Estimation by Request
      6,548 SF

      302 Main Ave

      FUNERAL HOME
      302 Main Ave, Sidney, OH 45365-3028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,069 SF

      Retail Property For Sale

      Retail property with attractive rental increases for sale.
      1870 W Michigan St, Sidney, OH 45365
      View Details
    • $229,000
      2,400 SF

      Sidney Commercial Space - Prime Location

      Versatile 2400 sq ft, great price!
      207 Water St, Sidney, OH 45365
      View Details
    • Contact for pricing
      165,230 SF

      Industrial Facility on 33.81 Acres

      165,230 SF industrial facility on 33.81 acres available now.
      1501-1521 Michigan St, Sidney, OH 45365
      View Details
    • $50,000
      0.28 Acres

      Land Near Interstate, Sidney OH

      Build-ready land with utilities in place near the interstate.
      Creekside Ct, Sidney, OH 45365
      View Details
    • $50,000
      0.28 Acres

      Land Near Interstate, Sidney, OH

      Build-ready land with utilities in place near the interstate.
      Creekside Ct, Sidney, OH 45365
      View Details
    • Contact for pricing
      0.29 Acres

      Residential Lot in Mature Neighborhood

      Residential lot for sale in Sidney, Ohio.
      1012 Park St, Sidney, OH 45365
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      3,024 SF

      Versatile Commercial Office Space Available

      Commercial office space for lease in Sidney, OH.
      1441 Saint Marys Ave, Sidney, OH 45365
      View Details
    • Contact for pricing
      7,450 SF

      Remodeled Office Space For Lease

      Newly remodeled office space in a rapidly growing area.
      600 S Kuther Rd, Sidney, OH 45365
      View Details
    • Contact for pricing
      30,000 SF

      Available Warehouse Space, Sidney, Ohio

      Up to 50,000 SF available with highway visibility.
      990 North Vandemark Rd, Sidney, OH 45365
      View Details
    • New
      $2,000 /Mo
      1,248 SF

      Country Living Ranch Home

      Three-bedroom ranch home in Fairlawn School District.
      18110 Deam Rd, Sidney, OH 45365
      View Details
    • New
      $4,000 /Mo
      4,000 SF

      Flex Office Warehouse with Bay Doors

      Lease a combined office and warehouse setup with heated bay access and dedicated administrative space for day-to-day operations.
      1705 Wapakoneta Ave, Sidney, OH 45365
      View Details
    • Contact for pricing

      Retail Spaces with Drive-Thru Available

      New retail spaces with drive-thru in mixed-use development.
      Sidney, Sidney, OH 45365
      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.
    302 Main Ave
    Sidney, OH 45365-3028
    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

    Thank You for Inquiry
    302 Main Ave, Sidney, OH, 45365
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!