Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    220 3rd St Wellsville, OH 43968-1660

    • Retail space
    • 8,174 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $1,690,000
    Last Sale
    Mar 28, 2022
    $1,800,000
    Location Intelligence
    Property ID
    US66-2036348
    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

    • Rite Aid Pharmacy / Pharmacy
    • Kimberly Mollick, RPH / Pharmacy
    • Rite Aid / Drug Store / Beauty Supply Store
    • Coinhub Bitcoin ATM Teller / Atm
    • Western Union / Money Transfer Service

    Property Details for 220 3rd St

    Year built
    1993
    Lot size
    0.63 lot acres
    Property size
    8,174 SF
    Property type
    Retail space
    APN
    84-01955-000
    APU
    8401955000

    Description

    This 7,680 square foot vacant storefront, located at 220 3rd St, Wellsville, OH 43968, presents a unique investment opportunity. The property, built in 1993, sits on a 0.75-acre lot and boasts a prime corner location at the intersection of 3rd and Broadway Streets. Currently available for sale at $1,300,000 or lease at $12 per square foot plus NNN, this single-tenant building offers significant potential for redevelopment. Its previous use as a drugstore makes it ideally suited for conversion to other retail or healthcare uses. The property benefits from a strong location, with proximity to East Liverpool City Hospital (130 acute beds, 4 miles away) and a surrounding area with an average household income exceeding $54,373 within a one-mile radius. The building is vacant, offering immediate occupancy for a new tenant or owner-operator. This is a net lease property with no existing tenant credit rating. The property's size and location make it an attractive option for a variety of businesses seeking a high-visibility storefront in a well-established community. The building is a free-standing structure, providing ample space and flexibility for future development.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,655,000
      6.5%
      $1,670,000
      7%
      $1,955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,880,000
      Geo Method
      $2,105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,775,000
      Retail
      $1,695,000
      Mixed-Use
      $1,800,000
      Hospitality
      $1,705,000
      Educational
      $1,995,000
      Residential Income
      $1,695,000
      Energy
      $1,880,000
      Income-Based Land
      $2,040,000
      Food Service
      $1,775,000

    Location Insight

    • Map
    • Local Demand
    City
    Wellsville
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.6422
    Latitude
    40.6107
    CBSA code
    41400
    CBSA name
    SALEM, 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
    $9,581
    $9,170
    $153,340
    $162,510
    -
    $26,200
    $438,100
    $464,300

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      460 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      460 Main St, Wellsville, OH 43968-1684
      View Details
    • Value Estimation by Request
      3,532 SF

      17th St

      RETAIL STORES (PERSONAL SERVICES) • 3,532 SF
      17th St, Wellsville, OH 43968
      View Details
    • Value Estimation
      $115,000
      3,780 SF

      241 Wls Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,780 SF
      241 Wls Ave, Wellsville, OH 43968-1752
      View Details
    • Value Estimation
      $90,000
      6,504 SF

      409 Broadway Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,504 SF
      409 Broadway Ave, Wellsville, OH 43968-1652
      View Details
    • Value Estimation by Request
      4,400 SF

      447 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      447 Main St, Wellsville, OH 43968-1685
      View Details
    • Value Estimation by Request
      2,874 SF

      455 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,874 SF
      455 Main St, Wellsville, OH 43968-1685
      View Details

    Similar Nearby for Sale

    • $500,000
      1.62 Acres

      Profitable Store with Apartment, Garage

      Successful convenience store with apartment and garage for sale.
      17408 Sr 45, Wellsville, OH 43968
      View Details
    • $1,040,000
      2,266 SF

      Wellsville, OH NNN Retail Property

      Long-term NNN lease with annual rental increases and renewal options.
      556 Main St, Wellsville, OH 43968
      View Details
    • $488,888
      8,000 SF

      Established Retail Property For Sale

      Retail property with long-term tenant and minimal landlord responsibilities.
      1230 Main St, Wellsville, OH 43968
      View Details
    • $545,000
      3.48 Acres

      Equipped Foundry & Warehouse Opportunity

      3.48-acre industrial site with foundry, warehouse, and office space.
      18150 Fife Coal Rd, Wellsville, OH 43968
      View Details
    • $109,000
      1,656 SF

      Wellsville Multi-Family Home For Sale

      Multi-family home with two units, newer roof and furnace.
      1751 Crawford Ave, Wellsville, OH 43968
      View Details
    • $299,500
      0.28 Acres

      Turnkey Ice Cream Shop, Wellsville, OH

      Established Business, Highway Frontage, Updated
      41582 State Rte 39 Hwy, Wellsville, OH 43968
      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.
    220 3rd St
    Wellsville, OH 43968-1660
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.