Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    117 5th St Greenville, OH 45331-1935
    Back to Search
    Property profile & analytics

    117 5th St Greenville, OH 45331-1935

    View on Map
    • Bars & Pubs
    • 21,427 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Sep 3, 2020
    $380,000
    Property ID
    US66-4266606
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sure Shot Tap House / Bar & Pub
    • Skyline Chili / Restaurant

    Property Details for 117 5th St

    Year built
    1940
    Construction
    CONCRETE
    Lot size
    0.25 lot acres
    Property size
    21,427 SF
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    F27-2-212-35-04-07-12300
    APU
    F27221235040712300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Darke
    State
    Ohio
    Longitude
    -84.6297
    Latitude
    40.1
    CBSA code
    24820
    CBSA name
    GREENVILLE, 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
    $6,545
    $12,710
    $135,150
    $147,860
    -
    $36,300
    $386,140
    $422,440

    Comparable in this City

    • Value Estimation by Request
      682 SF

      Children Home Brad

      BAR, TAVERN • 682 SF
      Children Home Brad, Greenville, OH 45331
      View Details
    • Value Estimation by Request
      9,300 SF

      325 Ohio St

      BAR, TAVERN • 9,300 SF
      325 Ohio St, Greenville, OH 45331-2838
      View Details
    • Value Estimation by Request
      8,516 SF

      4063 State Rte 502

      BAR, TAVERN • 8,516 SF
      4063 State Rte 502, Greenville, OH 45331
      View Details
    • Value Estimation by Request
      2,734 SF

      308 Broadway St

      BAR, TAVERN • 2,734 SF
      308 Broadway St, Greenville, OH 45331-1905
      View Details
    • Value Estimation by Request
      1,598 SF

      319 Broadway St

      BAR, TAVERN • 1,598 SF
      319 Broadway St, Greenville, OH 45331-1906
      View Details
    • Value Estimation by Request
      10,571 SF

      219 Ohio St

      BAR, TAVERN • 10,571 SF
      219 Ohio St, Greenville, OH 45331-2868
      View Details

    Similar Nearby for Sale

    • $109,900

      Prime Location Commercial Land

      Ideal lot for retail, food, or personal service businesses.
      Kitchen Aid Way, Greenville, OH 45331
      View Details
    • $264,900
      4,946 SF

      Downtown Greenville Commercial Building For Sale

      Turn-key commercial building in historic downtown Greenville's Enterprise District.
      312 Sycamore St, Greenville, OH 45331
      View Details
    • $875,000

      Iconic Dairy Barn Opportunity

      Long-standing Greenville business with equipment, inventory, and real estate.
      1271 Sweitzer St, Greenville, OH 45331
      View Details
    • $875,000
      Pending

      Iconic Dairy Barn Opportunity

      Long-standing Dairy Barn business with equipment and real estate included.
      1271 Sweitzer St, Greenville, OH 45331
      View Details
    • New
      $279,800
      1,788 SF

      Greenville Commercial Investment Opportunity

      High-traffic corner lot with versatile layout and ample space.
      102 Rhoades Ave, Greenville, OH 45331
      View Details
    • $719,900
      8,000 SF

      Automotive Service Property on US Route

      Well-positioned automotive service property with functional shop layout in Greenville.
      8062 Us Route 127, Greenville, OH 45331
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,122 SF

      Retail Space in North Towne

      Retail space available in a busy shopping center.
      1305-1315 Wagner Ave, Greenville, OH 45331
      View Details
    • Contact for pricing
      5,500 SF

      Retail Space in North Towne

      Retail space available in a busy shopping center.
      1319-1415 Wagner Ave, Greenville, OH 45331
      View Details
    • Contact for pricing
      9,773 SF

      Retail Space in North Towne

      Retail space available in a busy shopping center.
      1481-1491 Wagner Ave, Greenville, OH 45331
      View Details
    • $1,500 /Mo
      3,000 SF

      Downtown Greenville Office Space Available

      Versatile office space in a prime downtown location.
      105 W 3Rd St, Greenville, OH 45331
      View Details
    • Contact for pricing
      1,000 SF

      Industrial Space in Greenville, OH

      Industrial property with 1000 square feet available for rent.
      5879 Jaysville Saint Johns Rd, Greenville, OH 45331
      View Details
    • Contact for pricing

      Wagner Avenue Commercial Land Available

      0.95 AC commercial land for rent in Greenville, Ohio.
      1520 Wagner Ave, Greenville, OH 45331
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 5th St
    Greenville, OH 45331-1935
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    117 5th St, Greenville, OH, 45331
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!