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    Property profile & analytics

    4108 State Rte 113th E Milan, OH 44846-9433

    • Retail space
    • 7,239 SF
    • 3.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 16, 2023
    $100,000
    Location Intelligence
    Property ID
    US66-3795045
    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

    • Retail space

    Property Details for 4108 State Rte 113th E

    Year built
    1950
    Construction
    WOOD
    Lot size
    3.32 lot acres
    Property size
    7,239 SF
    Property type
    Retail space
    APN
    50-00488-500
    APU
    5000488500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Erie
    State
    Ohio
    Longitude
    -82.546
    Latitude
    41.3
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $1,290
    $10,780
    $10,955
    $21,735
    -
    $30,800
    $31,300
    $62,100

    Comparable in this City

    • Value Estimation by Request
      3,402 SF

      Milan, OH 44846

      RETAIL STORES (PERSONAL SERVICES) • 3,402 SF
      Milan, OH 44846
      View Details
    • Value Estimation
      $95,000
      1,634 SF

      52 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,634 SF
      52 Frnt St, Milan, OH 44846-9333
      View Details
    • Value Estimation
      $560,000
      15,268 SF

      Milan, OH 44846

      RETAIL STORES (PERSONAL SERVICES) • 15,268 SF
      Milan, OH 44846
      View Details
    • Value Estimation
      $305,000
      4,884 SF

      12 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,884 SF
      12 Main St, Milan, OH 44846-9733
      View Details
    • Value Estimation by Request
      31,980 SF

      9406 Us Hwy 250th N

      RETAIL STORES (PERSONAL SERVICES) • 31,980 SF
      9406 Us Hwy 250th N, Milan, OH 44846-9575
      View Details
    • Value Estimation
      $260,000
      7,840 SF

      10303 Us Hwy 250th N

      RETAIL STORES (PERSONAL SERVICES) • 7,840 SF
      10303 Us Hwy 250th N, Milan, OH 44846-9490
      View Details

    Similar Nearby for Sale

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      Commercial Property on High-Visibility Corridor

      Prime commercial opportunity with high visibility and expansion potential.
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    4108 State Rte 113th E
    Milan, OH 44846-9433
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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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