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    Auto Repair Shop Building Title is generated by Realmo AI

    751 Jackson Pike, Gallipolis, OH 45631

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    Claim this Listing
    New
    For Sale
    $249,000

    COMMERCIAL - Gallipolis, OH

    Property size:
    2,016 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $123/SF
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 12:06 pm

    Property Features for 751 Jackson Pike

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Interior features
    Flooring- Vinyl, Flooring- Concrete, Equipment Included, High Bays
    Standard status
    Active
    APN
    00800107402
    Size
    2,016 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    1750

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1950
    Roof type
    Rubber

    We can help!

    Listing Contact
    Melissa Bowman
    Melissa Bowman

    Listing agent Melissa Bowman License #SAL.2018003481

    Listing office Wiseman Real Estate 500 Second Ave, OH

    Listing date Jun 3, 2026

    MLS# 2435010

    Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • One‑acre commercial property on Jackson Pike in Spring Valley business district
    • Previously operated as an auto repair shop for 6 years; includes two garage bays
    • Rubber roof installed in 2012; Duck Coat added in September 2025
    • Equipment included: compressor and lift
    • Includes retail/lobby space plus multiple storage areas, and 2 bathrooms
    • Utilities and services: natural gas available; heating via natural gas; window A/C units

    Overview

    This commercial building was previously operated as an auto repair shop for six years and is ready for a new owner. The layout includes two garage bays, a retail/lobby area, multiple storage spaces, and two bathrooms. Key components are in place for an automotive user, with the compressor and lift included in the sale. Updates include a rubber roof installed in 2012 and a Duck Coat added in September 2025.

    The property is situated in a high-traffic area on Jackson Pike with excellent road frontage, supporting convenient customer access. It is located within the business district of Spring Valley and is within one mile of Holzer Health Systems, noted as the largest employer in Gallia County, OH. Nearby amenities are referenced as well, adding to the property’s commercial appeal.

    For buyers seeking an operational automotive facility or a flexible commercial space, the existing garage configuration and supporting interior rooms provide a practical foundation for current or future business use. The combination of bays, lobby/retail presence, and storage makes it well suited for service-oriented operators that need both shop capacity and customer-facing space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • B&B Tire and Exhaust — 751 Jackson Pike, Gallipolis, OH 45631

    Location Insight

    • Map
    • Local Demand
    City
    Gallipolis
    County
    Gallia
    State
    Ohio
    Longitude
    -82.24878
    Latitude
    38.8430535

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    FAQs

    What type of property is this?
    Auto shop - Well-equipped shop with two garage bays, retail/lobby space, storage, and included compressor and lift.
    Where is this auto shop located?
    The property is located at 751 Jackson Pike Gallipolis, OH.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: One‑acre commercial property on Jackson Pike in Spring Valley business district; Previously operated as an auto repair shop for 6 years; includes two garage bays; Rubber roof installed in 2012; Duck Coat added in September 2025
    (740) 446-3644
    We can help!
    Listing Contact
    Melissa Bowman
    Melissa Bowman
    Real Estate License ID: SAL.2018003481
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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