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    Property profile & analytics

    5228 State Rte 118 Coldwater, OH 45828-9702

    • Retail space
    • 10,248 SF
    • 13.88 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Location Intelligence
    Property ID
    US66-2928566
    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 5228 State Rte 118

    Year built
    1967
    Lot size
    13.88 lot acres
    Property size
    10,248 SF
    Property type
    Retail space
    APN
    08-22-300-001
    APU
    822300001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coldwater
    County
    Mercer
    State
    Ohio
    Longitude
    -84.6275
    Latitude
    40.5003
    CBSA code
    16380
    CBSA name
    CELINA, 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
    $18,571
    $32,790
    $343,200
    $375,990
    -
    $93,690
    $980,570
    $1,074,260

    Comparable in this City

    • Value Estimation by Request
      1,860 SF

      104 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,860 SF
      104 Main St, Coldwater, OH 45828-1701
      View Details
    • Value Estimation by Request
      688 SF

      109 Main St

      RETAIL STORES (PERSONAL SERVICES) • 688 SF
      109 Main St, Coldwater, OH 45828-1702
      View Details
    • Value Estimation by Request
      3,480 SF

      115 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,480 SF
      115 Main St, Coldwater, OH 45828-1719
      View Details
    • Value Estimation
      $215,000
      7,656 SF

      Main Hidden Trea St Main 221

      RETAIL STORES (PERSONAL SERVICES) • 7,656 SF
      Main Hidden Trea St Main 221, Coldwater, OH 45828
      View Details
    • Value Estimation
      $215,000
      4,248 SF

      119 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,248 SF
      119 Main St, Coldwater, OH 45828-1702
      View Details
    • Value Estimation
      $375,000
      4,000 SF

      205 Vine St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      205 Vine St, Coldwater, OH 45828-1249
      View Details
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    5228 State Rte 118
    Coldwater, OH 45828-9702
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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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