1470 N Bridge St Chillicothe, OH 45601
Property Lookup
Property profile & analytics
1470 N Bridge St Chillicothe, OH 45601
- Outlet malls
- 172,046 SF
- 21.06 lot acres
Property ID
US66-3028703
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.
Location Intelligence
Current Use by Public Records
- Ashley Hendricks / Physician
- Matthew Weaver / Physician
- Alandra Howard / Physician
- Codee Mash / Physician
- Rural King / Big Box & Wholesale Store / Agricultural Supply
Property Details for 1470 N Bridge St
- Year built
- 1994
- Lot size
- 21.06 lot acres
- Property size
- 172,046 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 30-54-61-045.000
- APU
- 305461045000
Description
This exceptional investment opportunity presents a fee-simple, Class A retail property totaling 72,010 square feet situated on a 6.2-acre lot in Chillicothe, Ohio. The property boasts 100% occupancy with two prominent tenants: Adena Health System, occupying 49,366 square feet with nine years remaining on their lease, and Ashley HomeStore, commencing a ten-year lease in Fall 2023. The property features an attractive, modern storefront design and benefits from a strong regional draw, serving a population of approximately 77,000 people. Its strategic location is adjacent to a 94,000-square-foot Rural King retail store, acting as a significant shadow anchor. The property is surrounded by a robust mix of national retailers and restaurants, including Walmart, Lowe's, Kohl's, Sam's Club, and many more, ensuring high visibility and foot traffic. The property's Net Operating Income (NOI) is $493,096, resulting in an attractive 8.50% cap rate. The asking price is $5,801,000, translating to $80.56 per square foot. The building, constructed in 2023, consists of one single-story structure with two units. This stabilized medical/retail investment offers a compelling combination of strong tenants, high occupancy, and a prime location in a thriving commercial area. The average lease term remaining is 9.5 years, providing long-term stability and predictable cash flow.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,340,000
- ML approach
- $1,415,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chillicothe
- County
- Ross
- State
- Ohio
- Longitude
- -82.9793
- Latitude
- 39.3656
- CBSA code
- 17060
- CBSA name
- CHILLICOTHE, 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
$127,784
$1,523,200
$646,800
$2,170,000
-
$4,352,000
$1,848,000
$6,200,000
