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    Property profile & analytics

    423 Main St Hillsboro, OH 45133-1640

    • Apartment buildings
    • 2,574 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US66-5025711
    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 423 Main St

    Year built
    2007
    Construction
    WOOD
    Lot size
    0.39 lot acres
    Property size
    2,574 SF
    Property type
    Apartment buildings
    APN
    25-45-001-032.00
    APU
    254500103200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $265,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $340,000
      Mixed-Use
      $245,000
      Hospitality
      $300,000
      Educational
      $310,000
      Residential Income
      $255,000
      Energy
      $310,000
      Income-Based Land
      $285,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Highland
    State
    Ohio
    Longitude
    -83.602
    Latitude
    39.2003

    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
    $5,075
    $12,780
    $103,040
    $115,820
    -
    $36,500
    $294,400
    $330,900

    Comparable in this City

    • Value Estimation by Request
      2,009 SF

      246 Johnson St

      APARTMENT HOUSE (5+ UNITS) • 2,009 SF
      246 Johnson St, Hillsboro, OH 45133-1572
      View Details
    • Value Estimation
      $150,000
      3,958 SF

      623 High St

      APARTMENT HOUSE (5+ UNITS) • 3,958 SF
      623 High St, Hillsboro, OH 45133-1363
      View Details
    • Value Estimation
      $360,000
      4,284 SF

      360 Main St

      APARTMENT HOUSE (5+ UNITS) • 4,284 SF
      360 Main St, Hillsboro, OH 45133-1126
      View Details
    • Value Estimation
      $475,000
      3,264 SF

      201 John St

      APARTMENT HOUSE (5+ UNITS) • 3,264 SF
      201 John St, Hillsboro, OH 45133-1055
      View Details
    • Value Estimation by Request
      2,752 SF

      324 Muntz St

      APARTMENT HOUSE (5+ UNITS) • 2,752 SF
      324 Muntz St, Hillsboro, OH 45133
      View Details
    • Value Estimation
      $200,000
      2,701 SF

      108 Uhrig St

      APARTMENT HOUSE (5+ UNITS) • 2,701 SF
      108 Uhrig St, Hillsboro, OH 45133-1378
      View Details

    Similar Nearby for Sale

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      $164,500
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      Mixed-Use Building in Downtown Hillsboro

      Downtown building with retail space and apartment.
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    • $134,900
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      Mixed-Use Building in Downtown Hillsboro

      Downtown building with commercial space and apartment.
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      Barndominium Near Rocky Fork Lake

      Gated property near Rocky Fork Lake awaiting your vision.
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      Corner Lot Car Wash Opportunity

      High-traffic corner lot with car wash and rental house.
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    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Hillsboro Retail Space For Lease

      Retail spaces available in central Hillsboro retail corridor.
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      View Details
    • $13 SF/Yr
      4,925 SF

      Retail Spaces in Hillsboro Center

      Retail spaces for lease in busy Hillsboro shopping center.
      1472 N High St, Hillsboro, OH 45133
      View Details
    • Contact for pricing
      32,670 SF

      Hillsboro Outlot: Prime Commercial Land

      High-traffic location, 0.75-acre outlot.
      1249 High St, Hillsboro, OH 45133
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    • Contact for pricing
      3,185 SF

      Retail Space in Walmart Center

      Retail space available within a Walmart shadow center.
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      View Details
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    423 Main St
    Hillsboro, OH 45133-1640
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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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