Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1546 County Rd 31 Chesapeake, OH 45619-8073
    Back to Search
    Property profile & analytics

    1546 County Rd 31, Chesapeake, OH 45619-8073

    View on Map
    • Commercial real estate
    • 960 SF
    • 3.34 lot acres
    Off-Market
    Last Sale Jan 20, 2026
    Property ID
    US66-6015026
    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

    • Commercial real estate

    Property Details for 1546 County Rd 31

    Year built
    2004
    Construction
    FRAME
    Lot size
    3.34 lot acres
    Property type
    Commercial real estate
    APN
    23-075-0900.000
    APU
    230750900000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 16, 2026 — Lawrence County Amigos LLC — Deed · related $1.3M · First State Bank
    Jan 20, 2026 — Lawrence County Amigos LLC Dwv Kel LLC Deed —
    Dec 17, 2020 — Dwn Kel LLC — Deed · related $2.5M · Wesbanco Bank INC
    Apr 30, 2019 — Dwv Kel LLC — Deed Of Trust · related $1.1M · Wesbanco Bk
    Oct 23, 2018 $25,000 Dwv Kel LLC Riverside Recovery Svcs LLC Quit Claim Deed · related —
    Jul 24, 2017 $34,201 James D Hayes Sheriff/ Lawrence County|ferguson,clarence Trustees Deed · related —
    Jan 4, 2006 $68,000 Clarence Ferguson Cmh Homes INC Grant Deed $67k · Countrywide Home Loans INC
    — — Dwv Kel LLC — Deed Of Trust · related $650k · J J & S LLC

    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
    Chesapeake
    County
    Lawrence
    State
    Ohio
    Longitude
    -82.4679
    Latitude
    38.4461
    CBSA code
    26580
    CBSA name
    HUNTINGTON-ASHLAND, WV-KY-OH METROPOLITAN 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
    $12,071
    $11,060
    $348,820
    $359,880
    -
    $31,610
    $996,640
    $1,028,250

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      278 Twp Rd

      COMMERCIAL (GENERAL)
      278 Twp Rd, Chesapeake, OH 45619
      View Details
    • Value Estimation by Request
      1.23 Acres

      County Rd 3rd 3

      COMMERCIAL (GENERAL)
      County Rd 3rd 3, Chesapeake, OH 45619
      View Details
    • Value Estimation by Request
      0.08 Acres

      State Rte 7th 7

      COMMERCIAL (GENERAL)
      State Rte 7th 7, Chesapeake, OH 45619
      View Details
    • Value Estimation by Request

      State Rte 7th 7

      COMMERCIAL (GENERAL)
      State Rte 7th 7, Chesapeake, OH 45619
      View Details
    • Value Estimation by Request
      0.34 Acres

      County Rd 124

      COMMERCIAL (GENERAL)
      County Rd 124, Chesapeake, OH 45619
      View Details
    • Value Estimation by Request
      0.11 Acres

      441 Rockwood Ave

      COMMERCIAL (GENERAL)
      441 Rockwood Ave, Chesapeake, OH 45619-1120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.20 Acres

      Land in Chesapeake, Ohio

      Residential land with utilities, suitable for new home construction.
      1914 County Road 31, Chesapeake, OH 45619
      View Details
    • $1,750,000
      2,016 SF

      Ohio Farm and Estate Retreat

      357-acre farm with home, barn, and hunting potential.
      4754 County Road 36, Chesapeake, OH 45619
      View Details
    • Contact for pricing
      3,665 SF

      Historic Church Property with River Views

      Unique church property in Chesapeake, Ohio, with potential for various uses.
      689 County Road 3, Chesapeake, OH 45619
      View Details
    • $188,500
      0.21 Acres

      Versatile Commercial Property in Chesapeake

      Flexible office space with investment potential in a prime location.
      406 2Nd Ave, Chesapeake, OH 45619
      View Details
    • $89,900
      0.81 Acres

      Corner Lot with Business Potential

      Vacant corner lot with high traffic and business potential.
      State Route 7, Chesapeake, OH 45619
      View Details
    • $1,180,000
      14,000 SF

      Turnkey Investment Opportunity: Event Venue

      Multipurpose venue with indoor and outdoor spaces, ideal for events.
      1740 County Road 32, Chesapeake, OH 45619
      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.
    1546 County Rd 31
    Chesapeake, OH 45619-8073
    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
    1546 County Rd 31, Chesapeake, OH, 45619
    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!