Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    431 Washington St New Bremen, OH 45869-1254

    • Office buildings
    • 2,184 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Mar 11, 2022
    $415,000
    Location Intelligence
    Property ID
    US66-2629131
    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

    • Gene F Knapke / Optometrist / Doctor
    • New Bremen EyeCare LLC / Optometrist
    • Karla Larger / Optometrist
    • Valerie Gardner / Optometrist
    • Dustin Gardner / Optometrist

    Property Details for 431 Washington St

    Year built
    1992
    Lot size
    0.43 lot acres
    Property size
    2,184 SF
    Property type
    Office buildings
    APN
    C10-027-002-03
    APU
    C1002700203

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $325,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $300,000
      Mixed-Use
      $365,000
      Hospitality
      $355,000
      Educational
      $305,000
      Residential Income
      $310,000
      Energy
      $290,000
      Income-Based Land
      $300,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    New Bremen
    County
    Auglaize
    State
    Ohio
    Longitude
    -84.3794
    Latitude
    40.4285
    CBSA code
    47540
    CBSA name
    WAPAKONETA, 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
    $2,349
    $6,710
    $41,180
    $47,890
    -
    $19,170
    $117,650
    $136,820

    Comparable in this City

    • Value Estimation
      $430,000
      5,992 SF

      At Klee Ave State Rout, Unit 274

      OFFICE BUILDING • 5,992 SF
      At Klee Ave State Rout, New Bremen, OH 45869
      View Details
    • Value Estimation
      $335,000
      4,933 SF

      431 Monroe St

      OFFICE BUILDING • 4,933 SF
      431 Monroe St, New Bremen, OH 45869-1339
      View Details
    • Value Estimation
      $330,000
      4,820 SF

      3920 Southland Rd

      OFFICE BUILDING • 4,820 SF
      3920 Southland Rd, New Bremen, OH 45869-9790
      View Details
    • Value Estimation
      $320,000
      3,366 SF

      20 Washington St

      OFFICE BUILDING • 3,366 SF
      20 Washington St, New Bremen, OH 45869-1264
      View Details
    • Value Estimation
      $325,000
      2,646 SF

      22 Water St

      OFFICE BUILDING • 2,646 SF
      22 Water St, New Bremen, OH 45869
      View Details
    • Value Estimation
      $190,000
      3,128 SF

      18 Monroe St

      OFFICE BUILDING • 3,128 SF
      18 Monroe St, New Bremen, OH 45869-1147
      View Details

    Similar Nearby for Sale

    • $70,000
      0.63 Acres

      Commercial Land in High-Traffic Area

      Commercial building lots in high-traffic area between New Bremen and Minster.
      Schwieterman, New Bremen, OH 45869
      View Details
    • $105,000
      0.57 Acres

      Residential Land in Cardinal Subdivision

      0.571 acre lot in New Bremen, Ohio.
      130 Janice Dr, New Bremen, OH 45869
      View Details
    • $95,000
      0.49 Acres

      Residential Land in Cardinal Subdivision

      0.491 acre lot in New Bremen's Cardinal Subdivision.
      144 Janice Dr, New Bremen, OH 45869
      View Details
    • $95,000
      0.49 Acres

      Residential Land in Cardinal Subdivision

      0.491 acre lot in New Bremen, Ohio subdivision.
      148 Janice Dr, New Bremen, OH 45869
      View Details
    • $90,000
      0.45 Acres

      Residential Land in Cardinal Subdivision

      0.449 acre lot in New Bremen, Ohio.
      161 Janice Dr, New Bremen, OH 45869
      View Details
    • $105,000
      0.62 Acres

      Residential Land in Cardinal Subdivision

      0.618 acre lot in New Bremen, choose your builder.
      129 Janice Dr, New Bremen, OH 45869
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      3,128 SF

      Downtown New Bremen Retail Space

      Commercial rental space available in downtown New Bremen, Ohio.
      4 N Washington St, New Bremen, OH 45869
      View Details
    • $1.00 SF/Yr
      1,616 SF

      Retail Space in New Bremen

      Commercial rental space available in downtown New Bremen, Ohio.
      6 N Washington St, New Bremen, OH 45869
      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.
    431 Washington St
    New Bremen, OH 45869-1254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.