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    Property profile & analytics

    605 Welch Rd Morrow, OH 45152-1031

    • Retail space
    • 5,400 SF
    • 10.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1646771
    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

    • Salem Township Elementary School / Elementary School / Public Educational Institution
    • Kindergarten / Kindergarten

    Property Details for 605 Welch Rd

    Year built
    1951
    Construction
    BRICK
    Lot size
    10.86 lot acres
    Property size
    5,400 SF
    Property type
    Retail space
    APN
    17-12-300-001-0
    APU
    17123000010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Warren
    State
    Ohio
    Longitude
    -84.138
    Latitude
    39.3486
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN 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
    $0.00
    $56,245
    $5,383,700
    $5,439,945
    -
    $160,700
    $15,382,000
    $15,542,700

    Comparable in this City

    • Value Estimation by Request
      6,600 SF

      6020 Us Hwy 22nd And 3rd 3

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      View Details
    • Value Estimation by Request
      0.46 Acres

      4150 Stubbs Mls Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
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    • Value Estimation by Request
      1,380 SF

      158 Pike St

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      158 Pike St, Morrow, OH 45152-1216
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    • Value Estimation
      $55,000
      5,700 SF

      220 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,700 SF
      220 Main St, Morrow, OH 45152-1136
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    • Value Estimation by Request
      3,000 SF

      6128 Whitacre Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      6128 Whitacre Dr, Morrow, OH 45152
      View Details
    • Value Estimation
      $400,000
      4,330 SF

      3600 Shawhan Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,330 SF
      3600 Shawhan Rd, Morrow, OH 45152-9555
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Updated Multi-Family Investment Property

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    Morrow, OH 45152-1031
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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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