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    Property profile & analytics

    State Rte 8th 8 Macedonia, OH 44056

    • Commercial land
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 02, 2025
    $375,000
    Location Intelligence
    Property ID
    US66-3219564
    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

    • Commercial land

    Property Details for State Rte 8th 8

    Lot size
    0.98 lot acres
    Property type
    Commercial land
    APN
    81-00104
    APU
    8100104

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.529
    Latitude
    41.326
    CBSA code
    10420
    CBSA name
    AKRON, 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
    $297
    $4,800
    $0.00
    $4,800
    -
    $13,720
    $0.00
    $13,720

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      Aurora Rd

      VACANT COMMERCIAL LAND • 0.23 Acres
      Aurora Rd, Macedonia, OH 44056
      View Details
    • Value Estimation by Request
      2.61 Acres

      Bedford Rd

      VACANT COMMERCIAL LAND • 2.61 Acres
      Bedford Rd, Macedonia, OH 44056
      View Details
    • Value Estimation by Request
      0.12 Acres

      Capital Blvd

      VACANT COMMERCIAL LAND • 0.12 Acres
      Capital Blvd, Macedonia, OH 44056
      View Details
    • Value Estimation by Request
      0.13 Acres

      885 Highland E Rd

      VACANT COMMERCIAL LAND • 0.13 Acres
      885 Highland E Rd, Macedonia, OH 44056-2113
      View Details
    • Value Estimation by Request
      0.15 Acres

      Highland Rd

      VACANT COMMERCIAL LAND • 0.15 Acres
      Highland Rd, Macedonia, OH 44056
      View Details
    • Value Estimation by Request
      0.21 Acres

      Highland Rd

      VACANT COMMERCIAL LAND • 0.21 Acres
      Highland Rd, Macedonia, OH 44056
      View Details

    Similar Nearby for Sale

    • $750,000

      Macedonia Development Opportunity

      Land ready for professional services or retail development.
      908 East Aurora Rd, Macedonia, OH 44056
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    • $499,000

      Macedonia Land Ready to Build

      0.90-acre site near I-271 and SR-8 with high visibility.
      240 Highland Rd E, Macedonia, OH 44056
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      Contiguous Land Parcels For Sale

      Two contiguous land parcels with potential rail access and expressway access.
      1438 Highland Rd E, Macedonia, OH 44056
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    • $750,000
      3.85 Acres

      Macedonia Commercial Land Opportunity

      3.85 Acres, Shovel-Ready, High Traffic
      0 Vly Vw Rd & Park Ave, Macedonia, OH 44056
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    • Contact for pricing

      Macedonia Industrial Land Opportunity

      54 acres of industrial land near major highways.
      8854 Valley View Rd, Macedonia, OH 44056
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    • $585,000
      0.90 Acres

      Macedonia Retail Land - $585K

      High-traffic retail land, ready to build.
      240 Highland Rd, Macedonia, OH 44056
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    Similar Nearby for Lease

    • Contact for pricing
      4,930 SF

      8210 Macedonia Commons Blvd

      Land • 4,930 SF
      8210 Macedonia Commons Blvd, Macedonia, OH 44056
      View Details
    • Contact for pricing
      23,500 SF

      Macedonia Gateway Retail Space

      Prime Retail Space, High Visibility, Strong Area
      500 Aurora Rd, Macedonia, OH 44056
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    • Contact for pricing
      2,465 SF

      Retail Space in Macedonia Commons

      Retail space available in a dynamic shopping center.
      8161 Macedonia Commons Blvd, Macedonia, OH 44056
      View Details
    • Contact for pricing
      127,394 SF

      1333 Highland Rd

      Flex space • 127,394 SF
      1333 Highland Rd, Macedonia, OH 44056
      View Details
    • $6 SF/Yr
      24,000 SF

      Macedonia Flex Units For Lease

      Flex units ideal for distribution, contractors, or dry storage.
      9260 Valley View Rd, Macedonia, OH 44056
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    • Contact for pricing
      5,000 SF

      Freestanding Restaurant in Macedonia Commons

      Highly visible 5,000 SF restaurant space for lease.
      8250 Macedonia Commons Blvd, Macedonia, OH 44056
      View Details
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    State Rte 8th 8
    Macedonia, OH 44056
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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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