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    Property profile & analytics

    Milan Ave Amherst, OH 44001

    • Office buildings
    • 1,471 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-4190496
    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

    • Office buildings

    Property Details for Milan Ave

    Year built
    1848
    Lot size
    0.06 lot acres
    Property size
    1,471 SF
    Property type
    Office buildings
    APN
    05-00-003-112-015
    APU
    500003112015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Lorain
    State
    Ohio
    Longitude
    -82.241
    Latitude
    41.3992
    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
    $0.00
    $1,372
    $14,238
    $15,610
    -
    $3,920
    $40,680
    $44,600

    Comparable in this City

    • Value Estimation by Request
      4,560 SF

      185 Frst St

      OFFICE BUILDING • 4,560 SF
      185 Frst St, Amherst, OH 44001-1605
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    • Value Estimation
      $370,000
      1,960 SF

      400 10th Ave

      OFFICE BUILDING • 1,960 SF
      400 10th Ave, Amherst, OH 44001-2249
      View Details
    • Value Estimation
      $145,000
      3,308 SF

      150 Cooper Foster Park Rd

      OFFICE BUILDING • 3,308 SF
      150 Cooper Foster Park Rd, Amherst, OH 44001-1002
      View Details
    • Value Estimation by Request
      4,915 SF

      300 Park Ave

      OFFICE BUILDING • 4,915 SF
      300 Park Ave, Amherst, OH 44001-2234
      View Details
    • Value Estimation
      $465,000
      8,893 SF

      45946 Rdg Rd

      OFFICE BUILDING • 8,893 SF
      45946 Rdg Rd, Amherst, OH 44001-1751
      View Details
    • Value Estimation
      $470,000
      10,500 SF

      201 Leavitt Rd

      OFFICE BUILDING • 10,500 SF
      201 Leavitt Rd, Amherst, OH 44001-1124
      View Details

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    Similar Nearby for Lease

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      High Profile Development Site

      Development site in Amherst retail corridor, near major retailers.
      2255 Cooper Foster Park Rd, Amherst, OH 44001
      View Details
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    Milan Ave
    Amherst, OH 44001
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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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