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    Property profile & analytics

    521 S Market St Galion, OH 44833

    • Manufacturing properties
    • 3.22 lot acres
    For Sale
    View listing
    $1,900,000
    Value Estimation
    Last Sale
    May 25, 2023
    $650,000
    Location Intelligence
    Property ID
    US66-4828950
    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 521 S Market St

    Lot size
    3.22 lot acres
    Property type
    Manufacturing properties
    APN
    19-0024539.001
    APU
    190024539001

    Description

    This exceptional Galion, Ohio industrial property offers 140,000 square feet of contiguous warehouse space, perfect for a variety of manufacturing or storage needs. The building, constructed in 1908, is a three-story Class C structure situated on a 4.585-acre lot. The property features 128,000 square feet of immediately available space, making it an ideal solution for businesses seeking quick occupancy. The warehouse boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four loading docks and one drive-in door. The property also includes 60 total parking spaces to accommodate employees and visitors. The building is equipped with three-phase power and elevators for efficient material handling and vertical transportation. The property is zoned for general industrial use, offering flexibility for various business types. Located near E. Parson, this warehouse provides convenient access to transportation routes. The property's APN is 190024539.001. The lease rate is $0.30 per square foot per month, and the space can be divided to accommodate smaller tenants. Don't miss this opportunity to secure a substantial and well-located warehouse space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $615,000

    • CAP approach

      CAP return
      Estimation
      6%
      $625,000
      6.5%
      $655,000
      7%
      $720,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $645,000
      Geo Method
      $670,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $565,000
      Mixed-Use
      $625,000
      Hospitality
      $705,000
      Educational
      $670,000
      Residential Income
      $555,000
      Energy
      $570,000
      Income-Based Land
      $690,000
      Food Service
      $600,000

    Location Insight

    • Map
    • Local Demand
    City
    Galion
    County
    Crawford
    State
    Ohio
    Longitude
    -82.7886
    Latitude
    40.727
    CBSA code
    15340
    CBSA name
    BUCYRUS, OH MICROPOLITAN 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
    $5,378
    $10,540
    $71,490
    $82,030
    -
    $30,110
    $204,260
    $234,370

    Comparable in this City

    • Value Estimation by Request

      303 Parson St

      FACTORY (MANUFACTURING)
      303 Parson St, Galion, OH 44833-3304
      View Details
    • Value Estimation by Request
      1.44 Acres

      328 St

      ASSEMBLY (LIGHT INDUSTRIAL) • 1.44 Acres
      328 St, Galion, OH 44833-2729
      View Details
    • Value Estimation by Request
      0.26 Acres

      328 St

      ASSEMBLY (LIGHT INDUSTRIAL) • 0.26 Acres
      328 St, Galion, OH 44833-2729
      View Details
    • Value Estimation
      $270,000
      15.00 Acres

      7916 Millsboro Rd

      ASSEMBLY (LIGHT INDUSTRIAL) • 15.00 Acres
      7916 Millsboro Rd, Galion, OH 44833-9711
      View Details
    • Value Estimation
      $280,000
      9.64 Acres

      1376 State Rte 598

      ASSEMBLY (LIGHT INDUSTRIAL) • 9.64 Acres
      1376 State Rte 598, Galion, OH 44833-9355
      View Details
    • Value Estimation by Request

      303 Parson St

      FACTORY (MANUFACTURING)
      303 Parson St, Galion, OH 44833-3304
      View Details

    Similar Nearby for Sale

    • $399,000
      24,656 SF

      Galion Industrial Property For Sale

      24,656 SF industrial building suitable for manufacturing, warehousing, distribution.
      303 E Parson St, Galion, OH 44833
      View Details
    • Contact for pricing

      Galion Industrial Space For Lease

      Large industrial space, immediate occupancy.
      521 Market St, Galion, OH 44833
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    • $1,900,000
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      Industrial Space in Galion, Ohio

      140,000 SF industrial space with immediate possession available for sale.
      521 S Market St, Galion, OH 44833
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      Galion Flex Space with Visibility

      Flex space with high visibility and multiple drive-in doors.
      119 S Market St, Galion, OH 44833
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      Industrial Space in Galion, Ohio

      140,000 SF industrial space available for lease in Galion.
      521 S Market St, Galion, OH 44833
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    • $1,300,000
      7,900 SF

      Versatile Industrial Property with Freezer

      Industrial property featuring warehouse, freezer, and office spaces for sale.
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    Similar Nearby for Lease

    • $3 SF/Yr
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      Galion, OH Warehouse - 140,000 SF

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    • Contact for pricing
      2,090,880 SF

      Crestline, Ohio Commercial Land

      48 Acres, Prime Commercial Location
      1506 State Route 61, Galion, OH 44833
      View Details
    • Contact for pricing
      4,766 SF

      Galion Retail Building: Prime Location

      4,766 SF Free-Standing Retail Space
      520 Harding Way, Galion, OH 44833
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Galion, Ohio

      Retail space available in a busy, established shopping center.
      739 Carter Dr, Galion, OH 44833
      View Details
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    521 S Market St
    Galion, OH 44833
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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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