Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    W Tr 108, OH

    • Industrial properties
    • 11,004 SF
    • 88.63 lot acres
    OFF-MARKET
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    8.9%
    Industrial properties
    Location Intelligence
    Property ID
    US66-3019953
    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

    • Industrial properties

    Property Details for W

    Year built
    2022
    Construction
    TYPE NOT SPECIFIED
    Lot size
    88.63 lot acres
    Property size
    11,004 SF
    Property type
    Industrial properties
    APN
    I32000499040100
    APU
    I32000499040100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $510,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $755,000
      6.5%
      $695,000
      7%
      $645,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $770,000
      MEDICAL BUILDING
      $770,000
      RESTAURANT
      $745,000
      COMMERCIAL (GENERAL)
      $650,000
      OFFICE BUILDING
      $645,000
      RETAIL STORES
      $565,000
      APARTMENT HOUSE (5+ UNITS)
      $410,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tr 108
    County
    Seneca
    State
    Ohio
    Longitude
    -83.4155
    Latitude
    41.094
    CBSA code
    45660
    CBSA name
    TIFFIN, 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
    $20,439
    $397,050
    $45,360
    $442,410
    -
    $1,134,440
    $129,610
    $1,264,050

    Comparable in this City

    • Value Estimation by Request

      Speidel, OH

      REFINERY, PETROLEUM PRODUCTS
      136, Speidel, OH
      View Details
    • Value Estimation by Request

      Comstock, OH

      REFINERY, PETROLEUM PRODUCTS
      3073, Comstock, OH
      View Details
    • Value Estimation by Request
      0.07 Acres

      Lakeshore Blvd, OH

      INDUSTRIAL (GENERAL) • 0.07 Acres
      Lakeshore Blvd, OH
      View Details
    • Value Estimation by Request
      0.17 Acres

      Getz St, OH

      INDUSTRIAL (GENERAL) • 0.17 Acres
      Getz St, OH
      View Details
    • Value Estimation by Request
      34.76 Acres

      Us 33, OH

      INDUSTRIAL (GENERAL) • 34.76 Acres
      Us 33, OH
      View Details
    • Value Estimation by Request
      0.98 Acres

      State Route

      INDUSTRIAL (GENERAL) • 0.98 Acres
      State Route, 29, OH
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      Industrial Space Available For Lease

      Industrial property with 3,500 square feet available for lease.
      40 Cypress St SW, Pataskala, OH
      View Details
    • Contact for pricing
      541,440 SF

      Aviation and Logistics Business Park

      Integrated aviation and logistics business park with industrial and office space.
      Progress Way & Oh-73, Wilmington, OH
      View Details
    • $3,250,000
      27,025 SF

      Monroe Industrial Building For Sale

      27,025 SF industrial building on 4.217 acres for sale.
      6550 Hamilton Lebanon Rd, Monroe, OH
      View Details
    • Contact for pricing
      9,786 SF

      Middleburg Heights Industrial Property For Sale

      Industrial property with expansion potential, convenient highway access.
      17801 Sheldon Rd, Middleburg Heights, OH
      View Details
    • New
      Contact for pricing
      15,686 SF

      Oakwood Warehouse Ready For Occupancy

      Stand-alone building in Oakwood, ideal for manufacturing, distribution, or R&D.
      595 Golden Oak Pkwy, Oakwood, OH
      View Details
    • Contact for pricing
      20,000 SF

      Freestanding Industrial Service Building For Sale

      Freestanding industrial building with outside storage and drive-in bays.
      4493 Cranwood Pkwy, Warrensville Heights, OH
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,185 SF

      Industrial Space Near Major Freeways

      Industrial property with easy access to I-271 and I-480.
      7700 Oakleaf Rd, Oakwood, OH
      View Details
    • Contact for pricing
      707,940 SF

      Marengo Industrial Space Available

      707,940 square feet of industrial space for rent.
      71 N Commerce Ctr, Marengo, OH
      View Details
    • Contact for pricing
      56,800 SF

      Industrial Building on Royalton Road

      Industrial property located near I-77 and State Route 82.
      2525 E Royalton Rd, Broadview Heights, OH
      View Details
    • Contact for pricing
      7,200 SF

      Industrial Space in West Chester

      7,200 SF industrial space available for lease.
      4924 Provident Dr, West Chester, OH
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Property For Lease

      Industrial property available for lease in Bedford Heights, OH.
      5141 Richmond Rd, Bedford Heights, OH
      View Details
    • Contact for pricing
      14,952 SF

      Industrial Space Available For Lease

      Industrial property available for lease in West Chester, OH.
      9113 Le Saint Dr, West Chester, OH
      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.
    W
    Tr 108, OH
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!