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    Property profile & analytics

    State Vermilion, OH 44089

    • Commercial real estate
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 07, 2023
    $42,000
    Location Intelligence
    Property ID
    US66-3316391
    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 real estate

    Property Details for State

    Lot size
    0.40 lot acres
    Property type
    Commercial real estate
    APN
    18-64031-000
    APU
    1864031000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vermilion
    County
    Erie
    State
    Ohio
    Longitude
    -82.3646
    Latitude
    41.4164
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $5,642
    $1,949
    $7,591
    -
    $16,120
    $5,570
    $21,690

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      Riv River

      COMMERCIAL (GENERAL) • 0.52 Acres
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      0.14 Acres

      Vermilion, OH 44089

      COMMERCIAL (GENERAL) • 0.14 Acres
      Vermilion, OH 44089
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    • Value Estimation by Request
      0.20 Acres

      Lk Rd

      COMMERCIAL (GENERAL) • 0.20 Acres
      Lk Rd, Vermilion, OH 44089
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    • Value Estimation by Request
      2.75 Acres

      1200 State St

      COMMERCIAL (GENERAL) • 2.75 Acres
      1200 State St, Vermilion, OH 44089
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    • Value Estimation by Request
      36.98 Acres

      Trinter

      COMMERCIAL (GENERAL) • 36.98 Acres
      Trinter, Vermilion, OH 44089
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    • Value Estimation by Request
      0.13 Acres

      Washington

      COMMERCIAL (GENERAL) • 0.13 Acres
      Washington, Vermilion, OH 44089
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      119.60 Acres

      Vermilion Industrial Land Opportunity

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      Unbeatable Land Site for Development

      Land • 7.52 Acres
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      Vermilion Office Building - Great Location

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      Vermilion Shores Lakefront Condo

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      0.38 Acres

      Vermilion, OH Double Lot

      Double lot near Lake Erie, beaches, and city amenities.
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      Vermilion Freestanding Drive-Thru Restaurant

      3,788 SF freestanding building with drive-thru on 0.65 acres.
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    Similar Nearby for Lease

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      6,450 SF

      Vermilion Retail Space with Basement

      6,450 SF endcap retail space with ample parking.
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      5,600 SF

      Vermilion Retail/Office/Showroom Space Available

      High-traffic retail/office/showroom space with signage available in Vermilion, OH.
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      13,817 SF

      Retail Space in Amherst, Ohio

      Retail space available near anchor tenants in Amherst, Ohio.
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      105,911 SF

      Vermilion Executive Office Suites

      Prime Vermilion location, flexible office space.
      4705 Liberty Ave, Vermilion, OH 44089
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      Vermilion Freestanding Building on Liberty

      Freestanding 11,724 SF building on 1.64 acres for sale/lease.
      4580 Liberty Ave, Vermilion, OH 44089
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    • $16 SF/Yr
      1,261 SF

      Retail Suites in Portland Plaza

      Retail suites available in Portland Plaza with 11' ceilings.
      4486-4496 Liberty Ave, Vermilion, OH 44089
      View Details
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    Vermilion, OH 44089
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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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