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    Property profile & analytics

    1950 River Rd Zanesville, OH 43701

    • Drive through restaurants
    • 736 SF
    • 0.43 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Last Sale
    Oct 07, 2022
    $345,000
    Location Intelligence
    Property ID
    US66-1088028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jobo's Pizza / Pizza Restaurant
    • South 60 Drive Thru &Tavern Jobo's Pizza / Bar

    Property Details for 1950 River Rd

    Year built
    1930
    Lot size
    0.43 lot acres
    Property size
    736 SF
    Property type
    Drive through restaurants
    APN
    73-33-01-65-000
    APU
    73330165000

    Description

    This exceptional investment opportunity in Zanesville, Ohio, presents a newly remodeled bar and drive-thru eatery, generating substantial monthly income. The property sits on a 0.43-acre lot at 1950 S River Road. The main commercial building includes a fully operational bar and a convenient drive-thru, offering diverse revenue streams. Adding to the investment potential are two additional newly remodeled rental properties included in this package. These rental units contribute significantly to the overall income, currently producing a combined monthly rental income of $2300. The entire property is offered at $900,000, presenting a compelling return on investment. This package offers a unique blend of established commercial operations and supplemental rental income, making it an attractive prospect for savvy investors seeking a diversified portfolio. The property's location and the recent renovations ensure a strong foundation for continued success and growth. Detailed financial statements and operational data are available upon request. This is a turnkey operation ready for immediate income generation. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $360,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $320,000
      Mixed-Use
      $400,000
      Hospitality
      $415,000
      Educational
      $350,000
      Residential Income
      $325,000
      Energy
      $345,000
      Income-Based Land
      $400,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Zanesville
    County
    Muskingum
    State
    Ohio
    Longitude
    -82.0006
    Latitude
    39.9098
    CBSA code
    49780
    CBSA name
    ZANESVILLE, 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
    $1,711
    $3,010
    $36,820
    $39,830
    -
    $8,600
    $105,200
    $113,800

    Comparable in this City

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    • Value Estimation by Request
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      819 Putnam Ave

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    • Value Estimation
      $440,000
      6,382 SF

      2759 Maysville Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,382 SF
      2759 Maysville Pike, Zanesville, OH 43701-8576
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    • Value Estimation
      $245,000
      0.30 Acres

      Zanesville, OH 43701

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.30 Acres
      Zanesville, OH 43701
      View Details

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    1950 River Rd
    Zanesville, OH 43701
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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