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    Property profile & analytics

    8492 Villa N Way North Ridgeville, OH 44039-4301

    • Apartment buildings
    • 2,954 SF
    • 5.19 lot acres
    OFF-MARKET
    Value Estimation
    $505,000
    Last Sale
    Jan 27, 2021
    Location Intelligence
    Property ID
    US66-5179570
    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

    • Apartment buildings

    Property Details for 8492 Villa N Way

    Year built
    2021
    Lot size
    5.19 lot acres
    Property size
    2,954 SF
    Property type
    Apartment buildings
    APN
    07-00-011-102-154
    APU
    700011102154

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Ridgeville
    County
    Lorain
    State
    Ohio
    Longitude
    -81.9888
    Latitude
    41.3723
    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
    $38,519
    $52,283
    $506,275
    $558,558
    -
    $149,380
    $1,446,500
    $1,595,880

    Comparable in this City

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      6509 Pitts Blvd, Unit 101

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      35762 Ctr Rdg Rd

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      32081 Jasmine Dr

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    • Value Estimation by Request
      0.01 Acres

      Right Of Way

      APARTMENT HOUSE (5+ UNITS) • 0.01 Acres
      Right Of Way, North Ridgeville, OH 44039
      View Details
    • Value Estimation
      $1,520,000
      6,000 SF

      6109 Albert Ave, Unit 101

      APARTMENT HOUSE (5+ UNITS) • 6,000 SF
      6109 Albert Ave, North Ridgeville, OH 44039-1669
      View Details

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    8492 Villa N Way
    North Ridgeville, OH 44039-4301
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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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