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Property profile & analytics
OFF-MARKET
Estimated value
$9,895,000
Manufacturing properties
1675 Fairview Rd Zanesville, OH 43701-5168
Entity Owned
Free & Clear
Property ID
US66-2708126
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1992
Total area
224,851 SF
Lot
28.78 ac (1,253,657 SF)
APN
86-34-01-01-004
UPID
US66-2708126
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
Current use
Occupant on record · Public records
-
Worthington Foods Grocery & Convenience Store Food Market
-
Kellogg Co. Morning Star Farm Food Processing Plant Factory
-
Kellogg Zanesville Plant Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.61M
Blend (final)
Blend
$9.90M
Owner & transaction history
WORTHINGTON FOODS INC
WORTHINGTON FOODS INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$16.0M
+237.8%
Commercial (general)
$15.2M
+222.2%
Retail stores
$15.0M
+218.3%
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 Zanesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zanesville 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$15,960,000
Change: +238% · Conversion: Difficult
COMMERCIAL (GENERAL)
$15,220,000
Change: +222% · Conversion: Difficult
RETAIL STORES
$15,035,000
Change: +218% · Conversion: Moderate
WAREHOUSE, STORAGE
$13,615,000
Change: +188% · Conversion: Easy
Blend value · Realmo final
$9.90M
Range $8.91M – $10.88M · ±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
$44 / 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
$138,570
Tax year 2023
Assessed value
$3,473,015
Assessed 2023
Previous assessed
$3,473,015
+0.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$325,955
Assessed improvement
$3,147,060
Land market value
$931,300
Improvement market value
$8,991,600
Total market value
$9,922,900
Applied tax rate
91.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1992
Heating
YES
Cooling
CENTRAL
Stories
3
Total area
224,851 SF
Lot
28.78 ac (1,253,657 SF)
APN
86-34-01-01-004
UPID
US66-2708126
Jurisdiction
MUSKINGUM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.0M
COMMERCIAL (GENERAL)
Est. value
$15.2M
RETAIL STORES
Est. value
$15.0M
WAREHOUSE, STORAGE
Est. value
$13.6M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
YES
Cooling
Yes
Stories
3
Lot
28.78 ac
Current owner
From public records · entity-resolved
WORTHINGTON FOODS INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 6019, CHICAGO, IL 60680-5988
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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