Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Commercial real estate
1451 Lk Frnt Dr Salem, OH 44460-9751
Individually Owned
Free & Clear
Property ID
US66-3805471
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Total area
4,962 SF
Lot
64.35 ac (2,803,130 SF)
APN
03-01018-000
UPID
US66-3805471
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
$375k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$473k
Blend (final)
Blend
$605k
Owner & transaction history
Anthony Vitari
Anthony Vitari
since 2025
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$775,000
7%
$720,000
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$122 / 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
$19,328
Tax year 2023
Assessed value
$462,710
Assessed 2023
Previous assessed
$462,710
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$406,530
Assessed improvement
$56,180
Land market value
$1,161,500
Improvement market value
$160,500
Total market value
$1,322,000
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1925
Heating
YES
Stories
1
Bathrooms
1
Total area
4,962 SF
Lot
64.35 ac (2,803,130 SF)
APN
03-01018-000
UPID
US66-3805471
Jurisdiction
COLUMBIANA
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
1925
Heating
YES
Stories
1
Bathrooms
1
Lot
64.35 ac
Current owner
From public records · entity-resolved
Anthony Vitari
Individual
Free & Clear · 0 yrs held
Mailing address
1481 HILLSIDE DR, SALEM, OH 44460
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Anthony Vitari
Now Comes Sevakeen Country Club INC
Deed
—
Aug 8, 2025
—
Robert Soules
Sevakeen Country Club INC
Deed
—
Jun 18, 2025
—
Dale T Metzgar
Sevakeen Country Club INC
Deed
—
Oct 21, 2024
—
Haley Rohaley
Sevakeen Country Club INC
Deed
—
Apr 12, 2024
—
Jonny Wilburn
Now Comes Sevakeen Country Club INC
Lease
—
Dec 6, 2023
—
Walter A Hank
Sevakeen Country Club INC
Lease
—
Mar 1, 2023
—
Ivan Turner
Sevakeen Country Club INC
Lease
—
Jan 31, 2023
—
Eric Sluss
Sevakeen Country Club INC
Lease
—
Dec 20, 2022
—
Will Hopkins
Sevakeen Country Club INC
Lease
—
Jun 3, 2021
—
Carolyn S Hollback
—
Deed
related
$70,000 · Wayne Savings Community Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1451 Lk Frnt Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
