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    Property profile & analytics

    7 Main St Oberlin, OH 44074

    • Motels
    • 7,952 SF
    • 3.49 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 22, 2024
    Location Intelligence
    Property ID
    US66-2334450
    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

    • Motels

    Property Details for 7 Main St

    Year built
    1955
    Lot size
    3.49 lot acres
    Property size
    7,952 SF
    Property type
    Motels
    APN
    09-00-086-101-050
    APU
    900086101050

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oberlin
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2163
    Latitude
    41.2924
    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
    $361,047
    $744,919
    $4,928,991
    $5,673,910
    -
    $2,128,340
    $14,082,830
    $16,211,170

    Comparable in this City

    • Value Estimation
      $485,000
      3,963 SF

      44077 Oberlin Elyria Rd

      MOTEL • 3,963 SF
      44077 Oberlin Elyria Rd, Oberlin, OH 44074-9750
      View Details
    • Value Estimation
      $375,000
      3,677 SF

      51390 State Rte 303

      CAMPGROUND, RV PARK • 3,677 SF
      51390 State Rte 303, Oberlin, OH 44074-9643
      View Details
    • Value Estimation by Request
      0.10 Acres

      College St

      COMMERCIAL (GENERAL) • 0.10 Acres
      College St, Oberlin, OH 44074
      View Details
    • Value Estimation by Request
      0.18 Acres

      111 Hollywood St

      COMMERCIAL (GENERAL) • 0.18 Acres
      111 Hollywood St, Oberlin, OH 44074
      View Details
    • Value Estimation by Request
      0.20 Acres

      Hollywood St

      COMMERCIAL (GENERAL) • 0.20 Acres
      Hollywood St, Oberlin, OH 44074
      View Details
    • Value Estimation by Request
      0.20 Acres

      Prospect St

      PARKING GARAGE, PARKING STRUCTURE • 0.20 Acres
      Prospect St, Oberlin, OH 44074
      View Details

    Similar Nearby for Sale

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      56.00 Acres

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      56-acre quarry featuring sandstone reserves and spring water asset.
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    • Contact for pricing

      Downtown Gateway Land Opportunity

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    • $899,900
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      Residential Building Site in Oberlin

      3.15-acre residential building site with utilities in Oberlin, Ohio.
      Us-20, Oberlin, OH 44074
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      1.80 Acres

      Downtown Oberlin Mixed-Use Opportunity

      1.8-acre C-1 zoned property, high potential.
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    • $900,000
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      Prime Ohio land, build your dream home.
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    Similar Nearby for Lease

    • $5 SF/Yr
      9,100 SF

      Oberlin Retail Space For Lease

      9,100 SF Single-Tenant Retail Space
      544 College St, Oberlin, OH 44074
      View Details
    • Contact for pricing
      8,800 SF

      Oberlin Retail Space: Leavitt Road

      Two retail spaces available, Discount DrugMart anchored.
      12289 Leavitt Rd, Oberlin, OH 44074
      View Details
    • Contact for pricing

      Commercial Land with Excellent Visibility

      Commercial land available for rent with all utilities.
      46048 Us Highway 20, Oberlin, OH 44074
      View Details
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    7 Main St
    Oberlin, OH 44074
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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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