1521 State Rte 7th S Gallipolis, OH 45631-1884
Property Lookup
Property profile & analytics
1521 State Rte 7th S Gallipolis, OH 45631-1884
- Turn key restaurants
- 3,450 SF
- 1.02 lot acres
Property ID
US66-4678443
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
- Turn key restaurants
Property Details for 1521 State Rte 7th S
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 1.02 lot acres
- Property size
- 3,450 SF
- Property type
- Turn key restaurants
- APN
- 705105011
- APU
- 705105011
Description
This exceptional investment opportunity presents a 3,450 square foot Arby's restaurant located at 1521 State Rte 7 S, Gallipolis, OH 45631. The property boasts a 20-year absolute NNN lease with AES Restaurants of Ohio, LLC, a significant operator within the AES Restaurant Group, holding 29 of 187 units. The lease commenced upon sale, offering ease of management with no landlord responsibilities. Built in 1999 and renovated in 2020, the property enjoys 100% occupancy and generates a strong net operating income (NOI) of $135,567, resulting in a 5.50% cap rate. The asking price is $2,464,856. This Arby's benefits from a prime location directly adjacent to Gallipolis's only Walmart Supercenter and a shadow-anchored strip center including Tractor Supply, Big Lots, McDonald's, Wendy's, Kay Jewelers, AT&T, Burger King, KFC, Aldi, Buffalo Wild Wings, and Dairy Queen. Arby's is part of the Inspire Brands family, the second-largest restaurant company in the United States, ensuring brand recognition and stability. This is a rare opportunity to acquire a long-term, passively managed, high-performing asset in a strong retail corridor. The property's strategic location and established national brand tenant provide significant investment security and potential for future appreciation. This sale-leaseback structure offers a compelling investment with substantial long-term returns.
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
- Gallipolis
- County
- Gallia
- State
- Ohio
- Longitude
- -82.1719
- Latitude
- 38.8233
- CBSA code
- 38580
- CBSA name
- POINT PLEASANT, WV-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
$25,370
$157,500
$210,000
$367,500
-
$450,000
$600,000
$1,050,000
