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    Property profile & analytics

    3247 Cherry St Toledo, OH 43608-1726

    • Apartment buildings
    • 5,526 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Mar 24, 2024
    Location Intelligence
    Property ID
    US66-2382660
    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

    • Apartment buildings

    Property Details for 3247 Cherry St

    Year built
    1924
    Lot size
    0.12 lot acres
    Property size
    5,526 SF
    Zone code
    10-RD6
    Property type
    Apartment buildings
    APN
    03-24857
    APU
    324857

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5532
    Latitude
    41.6815
    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
    $1,739
    $2,170
    $11,305
    $13,475
    -
    $6,200
    $32,300
    $38,500

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      1703 Mulberry St

      APARTMENT HOUSE (5+ UNITS) • 0.01 Acres
      1703 Mulberry St, Toledo, OH 43608-2543
      View Details
    • Value Estimation by Request
      0.06 Acres

      3345 Condley Dr

      APARTMENT HOUSE (5+ UNITS) • 0.06 Acres
      3345 Condley Dr, Toledo, OH 43608
      View Details
    • Value Estimation
      $320,000
      11,090 SF

      824 Bancroft St

      APARTMENT HOUSE (5+ UNITS) • 11,090 SF
      824 Bancroft St, Toledo, OH 43608-2838
      View Details
    • Value Estimation
      $185,000
      5,280 SF

      2817 Cherry St

      APARTMENT HOUSE (5+ UNITS) • 5,280 SF
      2817 Cherry St, Toledo, OH 43608-1777
      View Details
    • Value Estimation
      $305,000
      11,047 SF

      1204 Manhattan Blvd

      APARTMENT HOUSE (5+ UNITS) • 11,047 SF
      1204 Manhattan Blvd, Toledo, OH 43608
      View Details
    • Value Estimation by Request
      295,753 SF

      Riverside Dr

      APARTMENT HOUSE (5+ UNITS) • 295,753 SF
      Riverside Dr, Toledo, OH 43608
      View Details

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    Similar Nearby for Lease

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      Manhattan Plaza Retail Center

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    • $12 SF/Yr
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      Toledo Retail Space - Cherry Street

      Prime 6,278 SF Retail Space in Seaway Marketplace
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    • $1.07 SF/Yr
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      Prime Cherry Street location, build-to-suit option.
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    • $4 SF/Yr
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      Lagrange Street Industrial Warehouses

      Large Toledo warehouse space available.
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    • Contact for pricing
      8,972 SF

      Freestanding Retail Building For Lease

      8,972 SF freestanding building suitable for retail or commercial use.
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    • Contact for pricing
      11,093 SF

      Retail Space Near Medical Center

      Retail space with drive-thru and ample parking near hospital.
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      View Details
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    3247 Cherry St
    Toledo, OH 43608-1726
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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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