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    Property profile & analytics

    7401 County Rd 242 Mount Gilead, OH 43338

    • Retail space
    • 3,750 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US66-2577786
    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 7401 County Rd 242

    Year built
    1985
    Lot size
    0.15 lot acres
    Property size
    3,750 SF
    Property type
    Retail space
    APN
    L32-004-00-064-00
    APU
    L320040006400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Gilead
    County
    Morrow
    State
    Ohio
    Longitude
    -82.6627
    Latitude
    40.6208
    CBSA code
    18140
    CBSA name
    COLUMBUS, 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
    $2,154
    $2,100
    $41,760
    $43,860
    -
    $6,000
    $119,300
    $125,300

    Comparable in this City

    • Value Estimation by Request
      1,640 SF

      6385 State Rte 314

      RETAIL STORES (PERSONAL SERVICES) • 1,640 SF
      6385 State Rte 314, Mount Gilead, OH 43338-9425
      View Details
    • Value Estimation by Request
      2,468 SF

      30 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,468 SF
      30 Main St, Mount Gilead, OH 43338-1433
      View Details
    • Value Estimation by Request
      2,772 SF

      12 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,772 SF
      12 Main St, Mount Gilead, OH 43338
      View Details
    • Value Estimation by Request
      770 SF

      15 High St

      RETAIL STORES (PERSONAL SERVICES) • 770 SF
      15 High St, Mount Gilead, OH 43338-1442
      View Details
    • Value Estimation by Request
      4,796 SF

      16 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,796 SF
      16 Main St, Mount Gilead, OH 43338-1475
      View Details
    • Value Estimation
      $385,000
      13,200 SF

      54 Main St

      RETAIL STORES (PERSONAL SERVICES) • 13,200 SF
      54 Main St, Mount Gilead, OH 43338-1433
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,968 SF

      Downtown Retail Space Available

      Spacious retail property in downtown Mount Gilead, Ohio.
      27 Main St, Mount Gilead, OH 43338
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    • Contact for pricing

      Prime Mount Gilead Land Parcel

      Build Your Dream Home in Ohio
      7326 State Rte, Mount Gilead, OH 43338
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    • $35,500
      0.47 Acres

      Land Near Candlewood Lake Amenities

      Land with access to Candlewood Lake's recreational amenities.
      7326 Lots 256-257, Mount Gilead, OH 43338
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    • Contact for pricing
      0.46 Acres

      Land in Gated Community

      0.46-acre property in Candlewood Lake gated community.
      Candlewood 210, Mount Gilead, OH 43338
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    • $35,500
      0.47 Acres

      Land in Mount Gilead, OH

      Land available in Mount Gilead with lake amenities.
      7326 Lots 256-257, Mount Gilead, OH 43338
      View Details
    • Contact for pricing
      0.45 Acres

      Land in Mount Gilead, OH

      Gently sloping land suitable for building a dream home.
      7326 Lots 286-287, Mount Gilead, OH 43338
      View Details
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    7401 County Rd 242
    Mount Gilead, OH 43338
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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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