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    Property profile & analytics

    437 Continental Dr Salem, OH 44460-2562

    • Apartment buildings
    • 2,880 SF
    • 6.11 lot acres
    OFF-MARKET
    Value Estimation
    $1,290,000
    Last Sale
    Jan 31, 2022
    $1,260,000
    Location Intelligence
    Property ID
    US66-1185092
    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

    • Rental Properties Unlimited / Apartment Rental Agency
    • Laurel Court Apartments / Apartment Building

    Property Details for 437 Continental Dr

    Year built
    1978
    Lot size
    6.11 lot acres
    Property size
    2,880 SF
    Property type
    Apartment buildings
    APN
    51-07177-000
    APU
    5107177000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,295,000
      6.5%
      $1,190,000
      7%
      $1,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,120,000
      Geo Method
      $1,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,115,000
      Retail
      $1,265,000
      Mixed-Use
      $1,285,000
      Hospitality
      $1,260,000
      Educational
      $1,180,000
      Residential Income
      $1,420,000
      Energy
      $1,340,000
      Income-Based Land
      $1,325,000
      Food Service
      $1,135,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.8283
    Latitude
    40.9041
    CBSA code
    41400
    CBSA name
    SALEM, 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
    $21,581
    $93,030
    $356,550
    $449,580
    -
    $265,800
    $1,018,700
    $1,284,500

    Comparable in this City

    • Value Estimation
      $510,000
      20,850 SF

      1080 Lincoln Ave

      APARTMENT HOUSE (5+ UNITS) • 20,850 SF
      1080 Lincoln Ave, Salem, OH 44460-1310
      View Details
    • Value Estimation
      $190,000
      2,517 SF

      1264 Lincoln Ave

      APARTMENT HOUSE (5+ UNITS) • 2,517 SF
      1264 Lincoln Ave, Salem, OH 44460-3784
      View Details
    • Value Estimation
      $310,000
      7,358 SF

      Lexington Ave

      APARTMENT HOUSE (5+ UNITS) • 7,358 SF
      Lexington Ave, Salem, OH 44460
      View Details
    • Value Estimation
      $505,000
      3,704 SF

      Lincoln S Ave

      APARTMENT HOUSE (5+ UNITS) • 3,704 SF
      Lincoln S Ave, Salem, OH 44460
      View Details
    • Value Estimation
      $1,100,000
      18,695 SF

      2343-2345 Lexington Ave

      APARTMENT HOUSE (5+ UNITS) • 18,695 SF
      2343-2345 Lexington Ave, Salem, OH 44460
      View Details
    • Value Estimation
      $755,000
      3,925 SF

      1264 Sese Blvd

      APARTMENT HOUSE (5+ UNITS) • 3,925 SF
      1264 Sese Blvd, Salem, OH 44460
      View Details

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    Similar Nearby for Lease

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      Two-bedroom, one-bath ranch condo in Salem available for rent.
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    • Contact for pricing
      295 SF

      Retail Space in Salem, OH

      Retail space available for lease in Salem, Ohio.
      653-657 E State St, Salem, OH 44460
      View Details
    • Contact for pricing

      Vacant Land for Lease/Sale

      Vacant land available for sale, ground lease, or build-to-suit.
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      View Details
    • Contact for pricing
      2,000 SF

      Commercial Land For Lease

      Vacant land available for sale, ground lease, or build-to-suit.
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      View Details
    • $11 SF/Yr
      1,000 SF

      Retail Space in Renovated Mall

      Recently renovated retail space with ample parking and co-tenants.
      200 E 2Nd St, Salem, OH 44460
      View Details
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    437 Continental Dr
    Salem, OH 44460-2562
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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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