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    Property profile & analytics

    531 Miller Rd Avon Lake, OH 44012-2304

    • Warehouses
    • 7,200 SF
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Feb 20, 2024
    Location Intelligence
    Property ID
    US66-6150094
    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

    • Northern HammerWorks, LLC / Construction Company / Bathroom Remodeler

    Property Details for 531 Miller Rd

    Lot size
    1.62 lot acres
    Property size
    7,200 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    04-00-005-000-131
    APU
    400005000131

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avon Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0594
    Latitude
    41.4918
    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
    $13,374
    $22,180
    $157,927
    $180,107
    -
    $63,370
    $451,220
    $514,590

    Comparable in this City

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      1,080 SF

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    • Value Estimation by Request
      990 SF

      32961 Pin Oak Pkwy, Unit 117

      MINI-WAREHOUSE, STORAGE • 990 SF
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    • Value Estimation by Request
      1,080 SF

      32961 Pin Oak Pkwy, Unit 211

      MINI-WAREHOUSE, STORAGE • 1,080 SF
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    • Value Estimation by Request
      765 SF

      32961 Pin Oak Pkwy, Unit 331

      MINI-WAREHOUSE, STORAGE • 765 SF
      32961 Pin Oak Pkwy, Avon Lake, OH 44012-2393
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    • Value Estimation by Request
      990 SF

      32961 Pin Oak Pkwy, Unit 104

      MINI-WAREHOUSE, STORAGE • 990 SF
      32961 Pin Oak Pkwy, Avon Lake, OH 44012-2393
      View Details
    • Value Estimation by Request
      990 SF

      32961 Pin Oak Pkwy, Unit 106

      MINI-WAREHOUSE, STORAGE • 990 SF
      32961 Pin Oak Pkwy, Avon Lake, OH 44012-2393
      View Details

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    531 Miller Rd
    Avon Lake, OH 44012-2304
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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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