Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    State Rte 49 Greenville, OH 45331
    Back to Search
    Property profile & analytics

    State Rte 49, Greenville, OH 45331

    View on Map
    • Specialty properties
    • 3.09 lot acres
    Off-Market
    Property ID
    US66-4190839
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for State Rte 49

    Lot size
    3.09 lot acres
    Property type
    Specialty properties
    APN
    F24-0-212-27-00-00-20201
    APU
    F24021227000020201

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 20, 2009 $90,000 Greenville Girls Softball Associati Ronald L White Warranty Deed $91k · Second National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Darke
    State
    Ohio
    Longitude
    -84.6436
    Latitude
    40.1137
    CBSA code
    24820
    CBSA name
    GREENVILLE, 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
    $0.00
    $10,700
    $6,690
    $17,390
    -
    $30,570
    $19,100
    $49,670

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      213 Water St

      CHARITABLE ORGANIZATION
      213 Water St, Greenville, OH 45331
      View Details
    • Value Estimation by Request
      3.00 Acres

      107 Wilson Dr

      CHARITABLE ORGANIZATION
      107 Wilson Dr, Greenville, OH 45331
      View Details
    • Value Estimation by Request
      1,852 SF

      503 Douglas Dr

      CHARITABLE ORGANIZATION
      503 Douglas Dr, Greenville, OH 45331
      View Details
    • Value Estimation by Request
      0.98 Acres

      205 Broadway St

      CHARITABLE ORGANIZATION
      205 Broadway St, Greenville, OH 45331-2222
      View Details
    • Value Estimation by Request
      1,604 SF

      206 Elm St

      CHARITABLE ORGANIZATION
      206 Elm St, Greenville, OH 45331-1419
      View Details
    • Value Estimation by Request
      1,310 SF

      932 Harrison Ave

      CHARITABLE ORGANIZATION
      932 Harrison Ave, Greenville, OH 45331-1108
      View Details

    Similar Nearby for Sale

    • New
      $175,000
      2,108 SF

      Specialty Property with Updated Windows

      Specialty property in Greenville with a 2014 roof and 2020 front windows, offering a compact footprint for business use.
      305 N Ohio St, Greenville, OH 45331
      View Details
    • $259,900
      4,946 SF

      Downtown Greenville Commercial Building For Sale

      Turn-key commercial building in Greenville's Enterprise District.
      312 Sycamore St, Greenville, OH 45331
      View Details
    • New
      $400,000
      0.11 Acres

      Established Music Business For Sale

      Thriving music business with instruments, fixtures, and equipment included.
      334 S Broadway St, Greenville, OH 45331
      View Details
    • Contact for pricing

      Land Parcel Near City Park

      12.526-acre parcel zoned SR2, suitable for housing or commercial development.
      Wagner Ave, Greenville, OH 45331
      View Details
    • $124,900
      2,513 SF

      Greenville Multifamily Investment Opportunity

      Four-unit multifamily property in Greenville, Ohio with long-term tenants.
      511-513 E 4Th St, Greenville, OH 45331
      View Details
    • $600,000
      4,012 SF

      Greenville, OH Estate Opportunity

      Estate in booming business environment, zoned industrial and residential.
      1575 Wagner Ave, Greenville, OH 45331
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Wagner Avenue Commercial Land Available

      0.95 AC commercial land for rent in Greenville, Ohio.
      1520 Wagner Ave, Greenville, OH 45331
      View Details
    • Contact for pricing
      9,773 SF

      Retail Space in North Towne

      Retail space available in a busy shopping center.
      1481-1491 Wagner Ave, Greenville, OH 45331
      View Details
    • Contact for pricing
      1,122 SF

      Retail Space in North Towne

      Retail space available in a busy shopping center.
      1305-1315 Wagner Ave, Greenville, OH 45331
      View Details
    • $1,500 /Mo
      3,000 SF

      Downtown Greenville Office Space Available

      Versatile office space in a prime downtown location.
      105 W 3Rd St, Greenville, OH 45331
      View Details
    • Contact for pricing
      5,500 SF

      Retail Space in North Towne

      Retail space available in a busy shopping center.
      1319-1415 Wagner Ave, Greenville, OH 45331
      View Details
    • Contact for pricing
      1,000 SF

      Industrial Space in Greenville, OH

      Industrial property with 1000 square feet available for rent.
      5879 Jaysville Saint Johns Rd, Greenville, OH 45331
      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.
    State Rte 49
    Greenville, OH 45331
    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
    State Rte 49, Greenville, OH, 45331
    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!