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    Property profile & analytics

    51 Main St Oberlin, OH 44074-1626

    • Retail space
    • 7,712 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Jun 15, 2023
    Location Intelligence
    Property ID
    US66-6267979
    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

    • Retail space

    Property Details for 51 Main St

    Year built
    1914
    Lot size
    0.27 lot acres
    Property size
    7,712 SF
    Property type
    Retail space
    APN
    09-00-086-102-021
    APU
    900086102021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $395,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $435,000
      Mixed-Use
      $465,000
      Hospitality
      $365,000
      Educational
      $395,000
      Residential Income
      $450,000
      Energy
      $350,000
      Income-Based Land
      $365,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Oberlin
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2169
    Latitude
    41.2902
    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
    $14,227
    $41,241
    $180,005
    $221,246
    -
    $117,830
    $514,300
    $632,130

    Comparable in this City

    • Value Estimation
      $160,000
      3,657 SF

      175 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,657 SF
      175 Main St, Oberlin, OH 44074-1654
      View Details
    • Value Estimation by Request
      3,503 SF

      29 College St

      RETAIL STORES (PERSONAL SERVICES) • 3,503 SF
      29 College St, Oberlin, OH 44074-1543
      View Details
    • Value Estimation
      $225,000
      5,376 SF

      12077 Leavitt Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,376 SF
      12077 Leavitt Rd, Oberlin, OH 44074-9573
      View Details
    • Value Estimation
      $255,000
      1,500 SF

      461 Lorain St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      461 Lorain St, Oberlin, OH 44074-1217
      View Details
    • Value Estimation
      $225,000
      5,132 SF

      23 College St

      RETAIL STORES (PERSONAL SERVICES) • 5,132 SF
      23 College St, Oberlin, OH 44074-1543
      View Details
    • Value Estimation
      $290,000
      3,753 SF

      19 College St

      RETAIL STORES (PERSONAL SERVICES) • 3,753 SF
      19 College St, Oberlin, OH 44074-1543
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.80 Acres

      Downtown Oberlin Mixed-Use Opportunity

      1.8-acre C-1 zoned property, high potential.
      117- Main St, Oberlin, OH 44074
      View Details
    • $4,300,000
      56.00 Acres

      Sandstone Quarry with Water Rights

      56-acre quarry featuring sandstone reserves and spring water asset.
      14647 State Route 511, Oberlin, OH 44074
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    • Contact for pricing

      Downtown Gateway Land Opportunity

      1.8 acres of contiguous parcels in central Oberlin.
      117-141 S Main St, Oberlin, OH 44074
      View Details
    • $899,900
      Pending

      37.48 Acres Prime Oberlin Land

      Prime land in Oberlin with future development potential.
      47094 Us Highway 20, Oberlin, OH 44074
      View Details
    • $79,000
      3.15 Acres

      Residential Building Site in Oberlin

      3.15-acre residential building site with utilities in Oberlin, Ohio.
      Us-20, Oberlin, OH 44074
      View Details
    • $900,000
      13.20 Acres

      Oberlin Residential Land - 13 Acres

      Prime Ohio land, build your dream home.
      46802 Us-20, Oberlin, OH 44074
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    Similar Nearby for Lease

    • Contact for pricing
      8,800 SF

      Oberlin Retail Space: Leavitt Road

      Two retail spaces available, Discount DrugMart anchored.
      12289 Leavitt Rd, Oberlin, OH 44074
      View Details
    • $5 SF/Yr
      9,100 SF

      Oberlin Retail Space For Lease

      9,100 SF Single-Tenant Retail Space
      544 College St, Oberlin, OH 44074
      View Details
    • Contact for pricing

      Commercial Land with Excellent Visibility

      Commercial land available for rent with all utilities.
      46048 Us Highway 20, Oberlin, OH 44074
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      3.3k
    • Avg Time on site
      13 min
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    51 Main St
    Oberlin, OH 44074-1626
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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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