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    Property profile & analytics

    State Rte 61 Shelby, OH 44875

    • Warehouses
    • 2.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-4321772
    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

    • Warehouses

    Property Details for State Rte 61

    Lot size
    2.06 lot acres
    Property type
    Warehouses
    APN
    032-53-120-17-000
    APU
    325312017000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Richland
    State
    Ohio
    Longitude
    -82.6578
    Latitude
    40.9074
    CBSA code
    31900
    CBSA name
    MANSFIELD, 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
    $259
    $3,650
    $750
    $4,400
    -
    $10,420
    $2,140
    $12,560

    Comparable in this City

    • Value Estimation by Request
      4,992 SF

      29 Walnut St

      WAREHOUSE, STORAGE • 4,992 SF
      29 Walnut St, Shelby, OH 44875-1534
      View Details
    • Value Estimation by Request
      5,680 SF

      Sikorsky

      WAREHOUSE, STORAGE • 5,680 SF
      Sikorsky, Shelby, OH 44875
      View Details
    • Value Estimation by Request
      495,925 SF

      305 Mansfield Ave

      WAREHOUSE, STORAGE • 495,925 SF
      305 Mansfield Ave, Shelby, OH 44875-1884
      View Details
    • Value Estimation by Request
      2,444 SF

      61 State St

      WAREHOUSE, STORAGE • 2,444 SF
      61 State St, Shelby, OH 44875
      View Details
    • Value Estimation by Request
      8,777 SF

      3781 State Rte 39

      WAREHOUSE, STORAGE • 8,777 SF
      3781 State Rte 39, Shelby, OH 44875-9473
      View Details
    • Value Estimation by Request
      820 SF

      State Rte 39

      WAREHOUSE, STORAGE • 820 SF
      State Rte 39, Shelby, OH 44875
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39,637 SF

      Shelby Commercial Gem: 39,637 SF

      Historic Shelby building, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
      View Details
    • $129,900
      2,185 SF

      Mixed-Use Building in Shelby, OH

      Mixed-use property with retail space and residential income.
      38 Main St, Shelby, OH 44875
      View Details
    • $995,000
      4,412 SF

      Turnkey Retail Meat and Deli

      Well-known, full-service retail meat and deli with custom processing.
      5001 Oh-39, Shelby, OH 44875
      View Details
    • New
      $89,900

      Private 4-Acre Country Land

      Secluded 4-acre parcel near Shelby, Ohio, with potential homesite.
      7320 Fenner Rd, Shelby, OH 44875
      View Details
    • Contact for pricing

      Downtown Shelby Commercial Lot

      Prime 0.34-acre lot, endless potential.
      108 Main St, Shelby, OH 44875
      View Details
    • $1,150,000
      39,637 SF

      Shelby Ohio Retail Center

      High-traffic, vacant shopping center
      140 Mansfield Ave, Shelby, OH 44875
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,667 SF

      Shelby Plaza Executive Suites

      Prime Retail/Office Space Available
      219 Mansfield Ave, Shelby, OH 44875
      View Details
    • $348 /Mo
      39,637 SF

      Prime Shelby Commercial Property

      Spacious former grocery store, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
      View Details
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    State Rte 61
    Shelby, OH 44875
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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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