4757 State Rte 162ndNew London, OH 44851

  • Retail properties
  • 4,284 SF
Off market
$71,535 Estimated

Property Details for 4757 State Rte 162nd

Year built
1978
Lot size
2.19 AC
Property size (Sq ft)
4,284 SF
Property type
Retail properties
Property subtype
Retail space
APN
25-0040-01-045-0100
APU
250040010450100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,186,134
    6.5%
    $1,094,893
    7%
    $1,016,687
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,009,828
    Method 2
    $1,009,828
  • Alternative Use

    Use
    Valuation
    Residential
    $923,584
    Hospitality
    $845,998
    Educational
    $703,860
    Medical
    $728,067
    Retail
    $1,094,893
4757 State Rte 162nd, New London, Ohio

Location Insight

City
New London
County
Huron
State
Ohio
Latitude
41.0859
Longitude
-82.4144
CBSA code
35940
CBSA name
NORWALK, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $48,390
  • Assessed land value
    $10,730
  • Assessed value
    $59,120
  • Tax year
    2023

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