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    Property profile & analytics

    940 Cherry St Blanchester, OH 45107-7883

    • Manufacturing properties
    • 12,984 SF
    • 39.70 lot acres
    OFF-MARKET
    Value Estimation
    $730,000
    Last Sale
    Apr 28, 2020
    Location Intelligence
    Property ID
    US66-3542114
    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

    • UFP Packaging / Manufacturer / Pallet Supplier
    • PalletOne Inc. / Packaging Company / Manufacturer

    Property Details for 940 Cherry St

    Year built
    1996
    Lot size
    39.70 lot acres
    Property size
    12,984 SF
    Property type
    Manufacturing properties
    APN
    220-08-09-04-0000-00
    APU
    220080904000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Blanchester
    County
    Clinton
    State
    Ohio
    Longitude
    -83.9708
    Latitude
    39.2947
    CBSA code
    48940
    CBSA name
    WILMINGTON, 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
    $24,508
    $242,730
    $254,240
    $496,970
    -
    $693,500
    $726,400
    $1,419,900

    Comparable in this City

    • Value Estimation
      $450,000
      21,000 SF

      3004 Cherry St

      ASSEMBLY (LIGHT INDUSTRIAL) • 21,000 SF
      3004 Cherry St, Blanchester, OH 45107-7915
      View Details
    • Value Estimation
      $685,000
      45,705 SF

      838 Cherry St

      FOUNDRY, INDUSTRIAL PLANT • 45,705 SF
      838 Cherry St, Blanchester, OH 45107-1316
      View Details
    • Value Estimation
      $100,000
      21,108 SF

      414 Fancy St

      ASSEMBLY (LIGHT INDUSTRIAL) • 21,108 SF
      414 Fancy St, Blanchester, OH 45107-1463
      View Details
    • Value Estimation
      $390,000
      30,871 SF

      214 Cherry St

      FOUNDRY, INDUSTRIAL PLANT • 30,871 SF
      214 Cherry St, Blanchester, OH 45107-1217
      View Details
    • Value Estimation
      $720,000
      40,150 SF

      1449 Middleboro Rd

      ASSEMBLY (LIGHT INDUSTRIAL) • 40,150 SF
      1449 Middleboro Rd, Blanchester, OH 45107-8765
      View Details
    • Value Estimation
      $800,000
      41,689 SF

      4580 Westboro Rd

      ASSEMBLY (LIGHT INDUSTRIAL) • 41,689 SF
      4580 Westboro Rd, Blanchester, OH 45107
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      49.00 Acres

      Blanchester Industrial Park Land

      49 Acres, Rail Served, Utilities Available
      0 Oh-28, Blanchester, OH 45107
      View Details
    • $225,000
      1,536 SF

      Blanchester Duplex: Investment Opportunity

      Well-maintained duplex in Blanchester with rental income potential.
      505 Bourbon St, Blanchester, OH 45107
      View Details
    • New
      $39,000
      0.30 Acres

      Residential Land in Established Subdivision

      Building lot for sale in Blanchester, Ohio.
      5010 Sean Cir, Blanchester, OH 45107
      View Details
    • $400,000
      3,973 SF

      Turnkey Mixed-Use Investment Opportunity

      Restaurant plus two apartments with month-to-month leases.
      136 S Broadway St, Blanchester, OH 45107
      View Details
    • $84,900
      2.44 Acres

      2.436 Acres in Blanchester, OH

      2.436-acre wooded parcel near shopping and schools.
      506 Cherry St, Blanchester, OH 45107
      View Details
    • New
      $39,000
      0.45 Acres

      Residential Land in Blanchester, Ohio

      Land available for home ownership in Blanchester, Ohio.
      5003 Sean Cir, Blanchester, OH 45107
      View Details
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    940 Cherry St
    Blanchester, OH 45107-7883
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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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