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    Property profile & analytics

    44847 State Rte 18 Wellington, OH 44090-9645

    • Warehouses
    • 6,016 SF
    • 4.88 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    Mar 23, 2025
    Location Intelligence
    Property ID
    US66-2449450
    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

    • Warehouses

    Property Details for 44847 State Rte 18

    Year built
    2003
    Lot size
    4.88 lot acres
    Property size
    6,016 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    18-00-015-000-034
    APU
    1800015000034

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1966
    Latitude
    41.1672
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $5,910
    $29,008
    $67,508
    $96,516
    -
    $82,880
    $192,880
    $275,760

    Comparable in this City

    • Value Estimation
      $365,000
      5,280 SF

      44939 State Rte 18

      MINI-WAREHOUSE, STORAGE • 5,280 SF
      44939 State Rte 18, Wellington, OH 44090
      View Details
    • Value Estimation by Request
      2,486 SF

      127 Herrick Ave

      MINI-WAREHOUSE, STORAGE • 2,486 SF
      127 Herrick Ave, Wellington, OH 44090
      View Details
    • Value Estimation by Request
      1,310 SF

      18 State St

      MINI-WAREHOUSE, STORAGE • 1,310 SF
      18 State St, Wellington, OH 44090
      View Details
    • Value Estimation
      $280,000
      1,860 SF

      221 Kelly St

      MINI-WAREHOUSE, STORAGE • 1,860 SF
      221 Kelly St, Wellington, OH 44090-1261
      View Details
    • Value Estimation by Request
      460 SF

      41807 State Rte 18

      MINI-WAREHOUSE, STORAGE • 460 SF
      41807 State Rte 18, Wellington, OH 44090-9677
      View Details
    • Value Estimation
      $415,000
      25,750 SF

      42109 State Rte 18

      MINI-WAREHOUSE, STORAGE • 25,750 SF
      42109 State Rte 18, Wellington, OH 44090-9642
      View Details

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      NNN Lease NAPA Auto Parts

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    Similar Nearby for Lease

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      Wellington Vacant Land For Lease

      1.3 acre vacant land ideal for storage or commercial use.
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    • $12 SF/Yr
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    44847 State Rte 18
    Wellington, OH 44090-9645
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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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