48411 State Rte 124Racine, OH 45771

  • Specialty properties
  • 0.44 AC
Off market
$4,408,180 Estimated

Property Details for 48411 State Rte 124

Lot size
0.44 AC
Property type
Specialty properties
APN
1801261000
APU
1801261000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,781,040
    6.5%
    $3,490,190
    7%
    $3,240,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,792,790
    Geo Method
    $1,792,790
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,109,530
    Retail / Commercial
    $3,599,110
    Mixed-Use / Specialty
    $3,549,540
    Hospitality / Lodging
    $2,556,360
    Office
    $3,490,190
    Institutional / Educational
    $3,676,960
    Residential Income
    $4,302,050
    Multifamily
    $5,363,310
    Automotive / Energy
    $3,151,680
    Parking / Income-Based Land
    $1,123,900
    Restaurant / Food Service
    $1,767,740
    Healthcare / Senior Housing
    $3,677,660

Location Insight

City
Racine
County
Meigs
State
Ohio
Latitude
38.9718
Longitude
-81.8917

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
-
$2,310
-
$2,310
-
$6,600
-
$6,600

FAQs

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