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

    500 University Ave Ada, OH 45810

    • Schools
    • 36,372 SF
    • 40.00 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Location Intelligence
    Property ID
    US66-4963065
    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

    • Schools

    Property Details for 500 University Ave

    Year built
    2008
    Lot size
    40.00 lot acres
    Property size
    36,372 SF
    Property type
    Schools
    APN
    25-220017.0000
    APU
    252200170000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ada
    County
    Hardin
    State
    Ohio
    Longitude
    -83.8304
    Latitude
    40.7639

    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
    $5,216
    $233,630
    $6,632,130
    $6,865,760
    -
    $667,510
    $18,948,940
    $19,616,450

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      424 Gilbert St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 0.11 Acres
      424 Gilbert St, Ada, OH 45810
      View Details
    • Value Estimation by Request
      3.50 Acres

      525 Main St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 3.50 Acres
      525 Main St, Ada, OH 45810-6000
      View Details
    • Value Estimation by Request
      44.00 Acres

      525 State Rte 235

      COLLEGE, UNIVERSITY, VOC SCHOOL • 44.00 Acres
      525 State Rte 235, Ada, OH 45810-9493
      View Details
    • Value Estimation by Request
      0.17 Acres

      300 Un St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 0.17 Acres
      300 Un St, Ada, OH 45810-1324
      View Details
    • Value Estimation by Request
      900 SF

      115 Lehr Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 900 SF
      115 Lehr Ave, Ada, OH 45810
      View Details
    • Value Estimation by Request
      2,022 SF

      404 Un St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,022 SF
      404 Un St, Ada, OH 45810
      View Details

    Similar Nearby for Sale

    • $249,000

      Ada, OH Restaurant Business for Sale

      Turnkey Restaurant w/ Liquor License & Drive-Thru
      125 Main St, Ada, OH 45810
      View Details
    • $79,900
      0.16 Acres

      Ada, OH Duplex For Sale

      Two-unit duplex in Ada, Ohio, generating monthly income.
      444 Edwards St, Ada, OH 45810
      View Details
    • $1,495,000
      0.46 Acres

      Established Ada Hardware Store

      Profitable Business, Prime Location, 8,000 sq ft
      106 Johnson St, Ada, OH 45810
      View Details
    • $2,200,000
      21,606 SF

      Ada Industrial Property: Prime Location

      Spacious warehouse, ideal for manufacturing.
      604 Montford Ave, Ada, OH 45810
      View Details
    • Contact for pricing
      Pending

      Productive Farmland Near State Route

      13.20 acres of Ohio farmland with convenient access.
      State Route 309, Ada, OH 45810
      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.
    500 University Ave
    Ada, OH 45810
    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.