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    Property profile & analytics

    111 Main St Pleasantville, OH 43148

    • Retail space
    • 4,684 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Sep 16, 2021
    $220,000
    Location Intelligence
    Property ID
    US66-0856367
    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

    • Mugshots Bar & Grill / Chicken Wings Restaurant / Dinner Theater
    • 💥KEY WEST WINGS~PLEASANTVILLE💥 / Chicken Wings Restaurant / Pizza Restaurant

    Property Details for 111 Main St

    Year built
    1900
    Construction
    STEEL FRAME
    Lot size
    0.16 lot acres
    Property size
    4,684 SF
    Property type
    Retail space
    APN
    030-02202.00
    APU
    300220200

    Description

    This exceptional investment opportunity presents a thriving multi-tenant property located at 111 N Main St, Pleasantville, OH 43148. The property boasts a total of 2,964 square feet situated on a 0.157-acre lot (APN: 0300220200) and is zoned C (Commercial). Currently operating at 100% occupancy, the property generates a substantial annual rental income of $54,000, with a strong 8.5% cap rate. The main tenant is a bar, contributing $36,000 annually to the income stream. Two additional income sources are provided by two 2-bedroom, 1-bathroom apartments, renting for $850 and $650 per month respectively, totaling $18,000 annually. The building underwent a remodel and opened in 2023. The bar's lease is a NNN lease with a remaining term of 5 years (through 2028) and does not include a renewal option. Annual real estate taxes of $3,073 are paid by the building owner. This turnkey investment offers a compelling return and significant upside potential in a desirable location. The property's strong cash flow and high occupancy rate make it an attractive addition to any portfolio. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $190,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $175,000
      Mixed-Use
      $210,000
      Hospitality
      $205,000
      Educational
      $195,000
      Residential Income
      $180,000
      Energy
      $215,000
      Income-Based Land
      $170,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Pleasantville
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5237
    Latitude
    39.8089
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN 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
    $4,449
    $7,180
    $48,230
    $55,410
    -
    $20,520
    $137,790
    $158,310

    Comparable in this City

    • Value Estimation
      $250,000
      3,750 SF

      102 Columbus St

      RETAIL STORES (PERSONAL SERVICES) • 3,750 SF
      102 Columbus St, Pleasantville, OH 43148-9551
      View Details
    • Value Estimation
      $295,000
      8,775 SF

      103 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,775 SF
      103 Main St, Pleasantville, OH 43148-9900
      View Details
    • Value Estimation by Request
      2,560 SF

      205 Columbus St

      RETAIL STORES (PERSONAL SERVICES) • 2,560 SF
      205 Columbus St, Pleasantville, OH 43148
      View Details
    • Value Estimation by Request
      8,775 SF

      103 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,775 SF
      103 Main St, Pleasantville, OH 43148-9900
      View Details
    • Value Estimation by Request
      448 SF

      111 Columbus St

      RETAIL STORES (PERSONAL SERVICES) • 448 SF
      111 Columbus St, Pleasantville, OH 43148
      View Details
    • Value Estimation
      $1,005,000
      9,696 SF

      6474 Lancaster Thornville NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,696 SF
      6474 Lancaster Thornville NE Rd, Pleasantville, OH 43148-9736
      View Details
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    111 Main St
    Pleasantville, OH 43148
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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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