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    Property profile & analytics

    3284 Niles Cortland NE Rd Cortland, OH 44410-1740

    • Investment properties
    • 2,804 SF
    • 4.60 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US66-0849473
    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

    • Investment properties

    Property Details for 3284 Niles Cortland NE Rd

    Year built
    1900
    Construction
    WOOD FRAME
    Lot size
    4.60 lot acres
    Property size
    2,804 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    34-107816
    APU
    34107816

    Description

    This exceptional 20.219-acre parcel of land, located at 3284 Niles Cortland Rd NE in Cortland, Ohio (zip code 44410), presents a significant development opportunity. The property, identified by APN numbers 34-454648-602649|1 and 34-455297-602590, is classified as Class C land and offers substantial acreage for various uses. The land itself totals 2,804 square feet. While a structure exists on the property, built in 1900 and featuring two stories, the primary value lies in the expansive land area. Situated in Trumbull County, Ohio, this property boasts a convenient location with easy access to major roadways. The asking price for this remarkable opportunity is $2,100,000. Given its size and location, this property is well-suited for a range of development projects, making it an attractive investment for discerning buyers. The latitude and longitude coordinates are 41.307348 and -80.7306166 respectively. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $435,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $460,000
      Mixed-Use
      $375,000
      Hospitality
      $470,000
      Educational
      $445,000
      Residential Income
      $430,000
      Energy
      $365,000
      Income-Based Land
      $475,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7303
    Latitude
    41.3073
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 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
    $5,264
    $47,290
    $50,370
    $97,660
    -
    $135,100
    $143,900
    $279,000

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

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      Niles Cortland, Cortland, OH 44410
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    • Value Estimation by Request
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      OFFICE/RESIDENTIAL (MIXED USE) • 0.17 Acres
      Trumbull, Cortland, OH 44410
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    • Value Estimation by Request
      1,100 SF

      410 High St

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      178 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,306 SF
      178 High St, Cortland, OH 44410-1416
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      241 Lattin St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,004 SF
      241 Lattin St, Cortland, OH 44410-1030
      View Details
    • Value Estimation by Request
      1,397 SF

      168 Market St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,397 SF
      168 Market St, Cortland, OH 44410-1063
      View Details

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    3284 Niles Cortland NE Rd
    Cortland, OH 44410-1740
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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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