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    Property profile & analytics

    Water St Shelby, OH 44875

    • Office buildings
    • 6,498 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US66-4342106
    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

    • Office buildings

    Property Details for Water St

    Year built
    1949
    Lot size
    0.29 lot acres
    Property size
    6,498 SF
    Property type
    Office buildings
    APN
    046-08-900-08-001
    APU
    460890008001

    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
    -82.6613
    Latitude
    40.8819
    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
    $3,962
    $4,890
    $63,510
    $68,400
    -
    $13,970
    $181,450
    $195,420

    Comparable in this City

    • Value Estimation
      $345,000
      2,416 SF

      3 Consolidated Dr

      OFFICE BUILDING (MULTI-STORY) • 2,416 SF
      3 Consolidated Dr, Shelby, OH 44875-2136
      View Details
    • Value Estimation
      $265,000
      5,402 SF

      100 Main St

      OFFICE BUILDING (MULTI-STORY) • 5,402 SF
      100 Main St, Shelby, OH 44875-1491
      View Details
    • Value Estimation by Request
      51,900 SF

      19 Mansfield Ave

      OFFICE BUILDING (MULTI-STORY) • 51,900 SF
      19 Mansfield Ave, Shelby, OH 44875-1301
      View Details
    • Value Estimation by Request
      6,570 SF

      142 Gamble St

      OFFICE BUILDING (MULTI-STORY) • 6,570 SF
      142 Gamble St, Shelby, OH 44875-2114
      View Details
    • Value Estimation
      $225,000
      2,192 SF

      3954 Industrial Pkwy

      OFFICE BUILDING (MULTI-STORY) • 2,192 SF
      3954 Industrial Pkwy, Shelby, OH 44875-9259
      View Details
    • Value Estimation
      $245,000
      3,032 SF

      206 State Rte 39

      OFFICE BUILDING (MULTI-STORY) • 3,032 SF
      206 State Rte 39, Shelby, OH 44875
      View Details

    Similar Nearby for Sale

    • $499,900
      50,000 SF

      Former Insurance Building on 2.22 Acres

      50,000 SF commercial building with unlimited potential.
      19 Mansfield Ave, Shelby, OH 44875
      View Details
    • Contact for pricing
      39,637 SF

      Shelby Commercial Gem: 39,637 SF

      Historic Shelby building, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
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    • $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
    • $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
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    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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    Water St
    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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