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    Property profile & analytics

    5571 Us Hwy 20 Wakeman, OH 44889-1700

    • Mobile home & RV parks
    • 32.44 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Last Sale
    May 25, 2022
    Location Intelligence
    Property ID
    US66-2059156
    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

    • Mobile home & RV parks

    Property Details for 5571 Us Hwy 20

    Lot size
    32.44 lot acres
    Property type
    Mobile home & RV parks
    APN
    49-0020-04-033-0000
    APU
    490020040330000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wakeman
    County
    Huron
    State
    Ohio
    Longitude
    -82.389
    Latitude
    41.2528
    CBSA code
    35940
    CBSA name
    NORWALK, 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
    $7,962
    $118,830
    $51,870
    $170,700
    -
    $339,520
    $148,200
    $487,720

    Comparable in this City

    • Value Estimation
      $340,000
      21.31 Acres

      Us Hwy 20th E

      MOBILE HOME PARK, TRAILER PARK • 21.31 Acres
      Us Hwy 20th E, Wakeman, OH 44889
      View Details
    • Value Estimation
      $300,000
      2.55 Acres

      Us Hwy 20th E

      MOBILE HOME PARK, TRAILER PARK • 2.55 Acres
      Us Hwy 20th E, Wakeman, OH 44889
      View Details
    • Value Estimation by Request
      0.82 Acres

      8119 State Rte 60

      MOBILE HOME PARK, TRAILER PARK • 0.82 Acres
      8119 State Rte 60, Wakeman, OH 44889-9076
      View Details
    • Value Estimation
      $520,000
      5.47 Acres

      56 Main St

      MOBILE HOME PARK, TRAILER PARK • 5.47 Acres
      56 Main St, Wakeman, OH 44889-9492
      View Details
    • Value Estimation
      $295,000
      1,800 SF

      90 Franklin Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,800 SF
      90 Franklin Ave, Wakeman, OH 44889-9072
      View Details
    • Value Estimation by Request
      1,848 SF

      1949 Wenz Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,848 SF
      1949 Wenz Rd, Wakeman, OH 44889-8700
      View Details

    Similar Nearby for Sale

    • $195,000

      Wakeman, OH Multi-Family Investment

      Three-unit multi-family property in Wakeman, Ohio, with cash flow.
      22 Main St, Wakeman, OH 44889
      View Details
    • $390,000
      14.84 Acres

      Wakeman, OH Agricultural Land

      14.8 acre parcel zoned General Business with outbuilding.
      6175 Us Highway 20, Wakeman, OH 44889
      View Details
    • $269,900
      16.75 Acres

      Wakeman, OH Land Parcel

      16.75-acre parcel zoned Commercial/Industrial/Residential in Firelands School District.
      State Route 113, Wakeman, OH 44889
      View Details
    • $550,000
      12.38 Acres

      Wakeman Commercial Land - $550K

      12 Acres, C2 Zoning, High Visibility
      2508 Oh-60, Wakeman, OH 44889
      View Details
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    5571 Us Hwy 20
    Wakeman, OH 44889-1700
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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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