1224 StateFremont, OH 43420

  • Turn key restaurants
  • 2,880 SF
Off market
$2,504,700 Estimated

Property Details for 1224 State

Year built
1968
Lot size
0.25 AC
Property size (Sq ft)
2,880 SF
Property type
Turn key restaurants
APN
34-50-00-1401-00
APU
345000140100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $639,971
    6.5%
    $590,742
    7%
    $548,546
  • Comparable approach

    Method
    Valuation
    Relative Method
    $280,171
    Geo Method
    $280,171
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,204,420
    Mixed-Use / Specialty
    $567,456
    Hospitality / Lodging
    $388,749
    Office
    $542,025
    Institutional / Educational
    $582,356
    Residential Income
    $681,356
    Multifamily
    $934,600
    Automotive / Energy
    $499,162
    Parking / Income-Based Land
    $193,180
    Restaurant / Food Service
    $249,936
    Healthcare / Senior Housing
    $603,635

Location Insight

City
Fremont
County
Sandusky
State
Ohio
Latitude
41.3531
Longitude
-83.1264
CBSA code
23380
CBSA name
FREMONT, 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
$2,060
$11,450
$31,990
$43,440
-
$32,700
$91,400
$124,100

FAQs

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