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    Property profile & analytics

    49705 Park Dr Reedsville, OH 45772-9054

    • Manufacturing properties
    • 29,500 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $560,000
    Location Intelligence
    Property ID
    US66-5191553
    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

    • Manufacturing properties

    Property Details for 49705 Park Dr

    Year built
    1997
    Lot size
    10.00 lot acres
    Property size
    29,500 SF
    Property type
    Manufacturing properties
    APN
    1000188003
    APU
    1000188003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $715,000
      6.5%
      $740,000
      7%
      $770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $820,000
      Retail
      $860,000
      Mixed-Use
      $705,000
      Hospitality
      $755,000
      Educational
      $710,000
      Residential Income
      $625,000
      Energy
      $680,000
      Income-Based Land
      $635,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Reedsville
    County
    Meigs
    State
    Ohio
    Longitude
    -81.849
    Latitude
    39.1658

    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
    $8,986
    $47,290
    $171,750
    $219,040
    -
    $135,100
    $490,700
    $625,800

    Comparable in this City

    • Value Estimation
      $1,290,000
      29,900 SF

      49505 Park Dr

      MANUFACTURING (LIGHT) • 29,900 SF
      49505 Park Dr, Reedsville, OH 45772-9054
      View Details
    • Value Estimation
      $610,000
      4,800 SF

      49425 Park Dr

      MANUFACTURING (LIGHT) • 4,800 SF
      49425 Park Dr, Reedsville, OH 45772-9054
      View Details
    • Value Estimation
      $525,000
      26,706 SF

      49450 Park Dr

      WAREHOUSE, STORAGE • 26,706 SF
      49450 Park Dr, Reedsville, OH 45772-9054
      View Details
    • Value Estimation by Request
      5.63 Acres

      Ss Side Sr 681st Side Sr

      VACANT COMMERCIAL LAND • 5.63 Acres
      Ss Side Sr 681st Side Sr, Reedsville, OH 45772
      View Details
    • Value Estimation by Request
      0.14 Acres

      Ww Side Sr 7th 7th Side Sr

      VACANT COMMERCIAL LAND • 0.14 Acres
      Ww Side Sr 7th 7th Side Sr, Reedsville, OH 45772
      View Details
    • Value Estimation by Request
      0.95 Acres

      Ww 681st Rear Rear Rear

      INDUSTRIAL - VACANT LAND • 0.95 Acres
      Ww 681st Rear Rear Rear, Reedsville, OH 45772
      View Details

    Similar Nearby for Sale

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      Secluded Land with Creek Frontage

      30.5 acres of secluded land with year-round creek and timber.
      Indian Run, Reedsville, OH 45772
      View Details
    • $257,999
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      Meigs County Hunting and Management Retreat

      55 acre hunting and recreational land in Reedsville, Ohio.
      Eden Ridge Rd, Reedsville, OH 45772
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    • $102,000
      23.00 Acres

      Meigs County Hunting/Recreational Land

      23-acre hunting and recreational land adjoining Shade River State Forest.
      E Little Forest Run Rd, Reedsville, OH 45772
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    • $175,000
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      Meigs County Hunting and Recreational Land

      39 acre hunting and recreational land in Meigs County, Ohio.
      Barr Hollow Rd, Reedsville, OH 45772
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    • $100,000
      24.39 Acres

      Hunting Land in Reedsville, OH

      24.39 acres of hunting land with cabin.
      39454 Boston Rd, Reedsville, OH 45772
      View Details
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    Reedsville, OH 45772-9054
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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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