Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Riv W Rd Geneva, OH 44041
    Back to Search
    Property profile & analytics

    Riv W Rd, Geneva, OH 44041

    View on Map
    • Mobile home & RV parks
    • 0.93 lot acres
    Off-Market
    Last Sale May 4, 2022
    $675,000
    Property ID
    US66-3432225
    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.
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for Riv W Rd

    Lot size
    0.93 lot acres
    Property type
    Mobile home & RV parks
    APN
    22-008-00-058-00
    APU
    220080005800

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 15, 2022 — State Route 307 West Geneva Oh LLC — Deed · related $100k · 3650 Real Estate Investment Trust 2 LLC
    May 4, 2022 $675,000 Quartier Harpers Landing LLC Edwin L Spoor Limited Warranty Deed $504k · Five Points Bank Of Hastings
    Dec 17, 2004 $300,000 Edwin L Spoor Macwilliams,joann Warranty Deed $210k · Us Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $520,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.9483
    Latitude
    41.7611
    CBSA code
    11780
    CBSA name
    ASHTABULA, 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
    $146
    $2,450
    $0.00
    $2,450
    -
    $7,000
    $0.00
    $7,000

    Comparable in this City

    • Value Estimation by Request
      0.51 Acres

      3107 Myers Rd Lot, Unit 56

      MOBILE HOME PARK, TRAILER PARK
      3107 Myers Rd Lot, Geneva, OH 44041-9248
      View Details
    • Value Estimation
      $2,015,000
      11.54 Acres

      3651 Austin Rd

      MOBILE HOME PARK, TRAILER PARK
      3651 Austin Rd, Geneva, OH 44041-9696
      View Details
    • Value Estimation
      $650,000
      2.28 Acres

      5411 Riv W Rd

      MOBILE HOME PARK, TRAILER PARK
      5411 Riv W Rd, Geneva, OH 44041-9010
      View Details
    • Value Estimation by Request
      832 SF

      6800 Lk W Rd

      MOBILE HOME PARK, TRAILER PARK
      6800 Lk W Rd, Geneva, OH 44041-9663
      View Details
    • Value Estimation by Request
      0.53 Acres

      3107 Myers Rd Lot, Unit 48

      MOBILE HOME PARK, TRAILER PARK
      3107 Myers Rd Lot, Geneva, OH 44041-9248
      View Details
    • Value Estimation by Request
      0.52 Acres

      Martha Ave

      MOBILE HOME PARK, TRAILER PARK
      Martha Ave, Geneva, OH 44041
      View Details

    Similar Nearby for Sale

    • $164,900
      0.38 Acres

      Fully Leased Duplex Investment

      Reliable income producer with month-to-month leases in place.
      254 S Eagle St, Geneva, OH 44041
      View Details
    • $155,000
      688 SF

      Geneva Multifamily Property with Updates

      Two homes on one lot, recently remodeled, great investment potential.
      161 West St, Geneva, OH 44041
      View Details
    • Contact for pricing
      2,760 SF

      Income-Producing Duplex with Commercial Building

      Turnkey duplex and commercial building with income potential.
      559 E Main St, Geneva, OH 44041
      View Details
    • Contact for pricing
      7,875 SF

      Mixed-Use Investment Opportunity

      Warehouse, office, and apartments for sale in Geneva, OH.
      670 Sherman St, Geneva, OH 44041
      View Details
    • $175,000
      Pending

      Two Cottages Near Geneva-on-the-Lake

      Two cottages with 6 bedrooms near Geneva-on-the-Lake main strip.
      4970 Presidential Ave, Geneva on the Lake, OH 44041
      View Details
    • $349,500
      1,600 SF

      Two-Unit Property Near Lake Erie

      Two-unit property in a seasonal resort, steps from Lake Erie.
      4772 Lake Rd E, Geneva, OH 44041
      View Details

    Similar Nearby for Lease

    • New
      $1,300 /Mo
      10,454 SF

      Office Space with Ample Parking

      Professional office space with convenient off-freeway access and ample parking for everyday client and staff needs.
      5400 Old Orchard Dr, Geneva, OH 44041
      View Details
    • Contact for pricing
      19,200 SF

      Retail Development Near SPIRE Institute

      Proposed retail development near I-90 and SPIRE Institute.
      Geneva, OH 44041
      View Details
    • $5 SF/Yr
      7,362 SF

      Historic Downtown Office Space Available

      Office space with grand architecture, high ceilings, and elevator access.
      17 W Main St, Geneva, OH 44041
      View Details
    • New
      $2,175 /Mo
      79,715 SF

      In-Line Retail Suite with Parking

      Well-maintained in-line retail space in a neighborhood shopping plaza with strong co-tenants and ample customer parking.
      1020-1032 South Broadway, Geneva, OH 44041
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Riv W Rd
    Geneva, OH 44041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Riv W Rd, Geneva, OH, 44041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!