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    Property profile & analytics

    1475 State Rte 278th NE Nelsonville, OH 45764

    • Residential income homes
    • 4,096 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Aug 23, 2021
    $150,000
    Location Intelligence
    Property ID
    US66-3716683
    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

    • Residential income homes

    Property Details for 1475 State Rte 278th NE

    Year built
    1968
    Lot size
    0.56 lot acres
    Property size
    4,096 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    P01-00100568-00
    APU
    P010010056800

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $175,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $170,000
      Mixed-Use
      $160,000
      Hospitality
      $205,000
      Educational
      $205,000
      Residential Income
      $205,000
      Energy
      $200,000
      Income-Based Land
      $170,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Nelsonville
    County
    Athens
    State
    Ohio
    Longitude
    -82.2535
    Latitude
    39.4608
    CBSA code
    11900
    CBSA name
    ATHENS, 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
    $4,995
    $7,350
    $66,960
    $74,310
    -
    $20,990
    $191,310
    $212,300

    Comparable in this City

    • Value Estimation
      $980,000
      1,988 SF

      174 Franklin St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,988 SF
      174 Franklin St, Nelsonville, OH 45764
      View Details
    • Value Estimation
      $270,000
      2,870 SF

      370 Poplar St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,870 SF
      370 Poplar St, Nelsonville, OH 45764-1425
      View Details
    • Value Estimation
      $385,000
      960 SF

      1280 Poplar St

      APARTMENT HOUSE (UNDER 5 UNITS) • 960 SF
      1280 Poplar St, Nelsonville, OH 45764-1422
      View Details
    • Value Estimation
      $215,000
      2,482 SF

      100 Robbins Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,482 SF
      100 Robbins Rd, Nelsonville, OH 45764-9014
      View Details
    • Value Estimation
      $355,000
      3,892 SF

      262 Washington St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,892 SF
      262 Washington St, Nelsonville, OH 45764-1197
      View Details
    • Value Estimation
      $370,000
      1,910 SF

      526 Chestnut St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,910 SF
      526 Chestnut St, Nelsonville, OH 45764-1427
      View Details

    Similar Nearby for Sale

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      Nelsonville Triplex: Prime Investment

      Three-unit complex, high rental income potential
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      View Details
    • $135,000
      0.07 Acres

      Nelsonville Duplex: Investment Opportunity

      Well-kept up/down duplex in Nelsonville, ideal for investors.
      320 W Franklin St, Nelsonville, OH 45764
      View Details
    • Contact for pricing
      2.00 Acres

      Land Near Wayne National Forest

      Two acre wooded land parcel near Wayne National Forest.
      Sand Run Rd, Nelsonville, OH 45764
      View Details
    • $69,900
      2.20 Acres

      Nelsonville Land Ready to Build

      2.2 acres primed for building or rental investment.
      12981 Spice Lick Rd, Nelsonville, OH 45764
      View Details
    • Contact for pricing
      1.00 Acre

      Land Near Wayne National Forest

      One acre of wooded, hilly land near Wayne National Forest.
      Sand Run Rd, Nelsonville, OH 45764
      View Details
    • $65,000

      Nelsonville Vacant Lot For Sale

      Vacant .80 acre lot suitable for commercial or residential use.
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      View Details
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    1475 State Rte 278th NE
    Nelsonville, OH 45764
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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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