407 3rdRacine, OH 45771

  • Retail space
  • 1,242 SF
Off market
$1,286,390 Estimated

Property Details for 407 3rd

Year built
1938
Lot size
0.13 AC
Property size (Sq ft)
1,242 SF
Property type
Retail space
APN
1900575000
APU
1900575000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $252,666
    6.5%
    $233,230
    7%
    $216,571
  • Comparable approach

    Method
    Valuation
    Relative Method
    $120,824
    Geo Method
    $120,824
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $460,713
    Mixed-Use / Specialty
    $230,018
    Hospitality / Lodging
    $165,658
    Office
    $226,172
    Institutional / Educational
    $238,276
    Residential Income
    $278,782
    Multifamily
    $347,554
    Automotive / Energy
    $204,236
    Parking / Income-Based Land
    $72,831.50
    Restaurant / Food Service
    $114,554
    Healthcare / Senior Housing
    $238,321

Location Insight

City
Racine
County
Meigs
State
Ohio
Latitude
38.9687
Longitude
-81.9167

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
$475
$3,930
$5,010
$8,940
-
$11,230
$14,310
$25,540

FAQs

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