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Property profile & analytics
OFF-MARKET
Estimated value
$4,010,000
Turn key restaurants
111 Paint St Chillicothe, OH 45601
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-3161676
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1885
Construction
FRAME
Total area
6,590 SF
Lot
0.18 ac (7,919 SF)
APN
30-55-03-031.000
UPID
US66-3161676
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
Adena Helath System · 5 yrs held
Adena Helath System
since 2021
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chillicothe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chillicothe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,785,000
ML approach
$3,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.01M
Range $3.61M – $4.41M · ±10% · vs last sale $4.17M (Jul 14 2021)
Last sale anchor
$4.17M
Jul 14 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$608 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$76,173
Tax year 2023
Assessed value
$1,293,560
Assessed 2023
Previous assessed
$200,210
+546.1% YoY
Effective rate
5.89%
On assessed value
Assessed land
$22,960
Assessed improvement
$1,270,600
Land market value
$65,600
Improvement market value
$3,630,290
Total market value
$3,695,890
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1885
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
7
Total area
6,590 SF
Lot
0.18 ac (7,919 SF)
APN
30-55-03-031.000
UPID
US66-3161676
Jurisdiction
ROSS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1885
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.18 ac
Current owner
From public records · entity-resolved
Adena Helath System
Individual
Mailing address
272 HOSPITAL RD, CHILLICOTHE, OH 45601-9031
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2021
$4,170,600
Adena Helath System
The New Carlisle LLC
Limited Warranty Deed
—
May 28, 2014
$150,000
Historic Chillicothe INC
Carlisle Tower LLC
Warranty Deed
—
May 28, 2014
$185,000
New Carlisle LLC
Historic Chillicothe INC
Warranty Deed
—
May 25, 2011
$330,201
Historic Chillicothe INC
Carlisle Tower LLC
Dual Purpose Document
$249,500 · Carlisle Tower LLC
Oct 24, 2007
$200,000
Carlisle Tower LLC
Carlisle Building LLC
Warranty Deed
$249,500 · Franklin Bank
—
—
Carlisle Tower LLC
—
Loan Modification
related
$239,925 · First Place Bank
—
—
Carlisle Building LLC
—
Deed Of Trust
related
$30,000 · City Of Chillicothe
—
—
New Carlisle LLC
—
Deed Of Trust
related
$1,000,000 · Jobsohio
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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