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    Property profile & analytics

    507 Washington St Castalia, OH 44824-9264

    • Grocery and convenience stores
    • 10,034 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    $115,000
    Last Sale
    May 04, 2022
    $100,000
    Location Intelligence
    Property ID
    US66-1173612
    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

    • Marathon Gas / Gas Station / Convenience Store
    • Castalia Limited Market / Grocery Store / Atm
    • ATM / Atm

    Property Details for 507 Washington St

    Year built
    1967
    Lot size
    1.48 lot acres
    Property size
    10,034 SF
    Property type
    Grocery and convenience stores
    APN
    31-00219-000
    APU
    3100219000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Castalia
    County
    Erie
    State
    Ohio
    Longitude
    -82.8115
    Latitude
    41.4043
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $8,342
    $21,672
    $91,563
    $113,235
    -
    $61,920
    $261,610
    $323,530

    Comparable in this City

    • Value Estimation
      $300,000
      4,789 SF

      3515 Sr 101

      CONVENIENCE STORE • 4,789 SF
      3515 Sr 101, Castalia, OH 44824
      View Details
    • Value Estimation
      $380,000
      8,220 SF

      405 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,220 SF
      405 Main St, Castalia, OH 44824-9786
      View Details
    • Value Estimation by Request
      9,080 SF

      5406 Tiffin Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,080 SF
      5406 Tiffin Ave, Castalia, OH 44824
      View Details
    • Value Estimation
      $335,000
      12,000 SF

      5507 Tiffin Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      5507 Tiffin Ave, Castalia, OH 44824-9435
      View Details
    • Value Estimation
      $450,000
      7,469 SF

      208 Washington St

      FINANCIAL BUILDING • 7,469 SF
      208 Washington St, Castalia, OH 44824-9262
      View Details
    • Value Estimation by Request
      1,968 SF

      207 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,968 SF
      207 Washington St, Castalia, OH 44824-9262
      View Details
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    507 Washington St
    Castalia, OH 44824-9264
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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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