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    Property profile & analytics

    227 Emmitt Ave Waverly, OH 45690-1005

    • Strip malls
    • 5,280 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Oct 31, 2023
    $350,000
    Location Intelligence
    Property ID
    US66-4922281
    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

    • Cricket Wireless Authorized Retailer / Cell Phone Store
    • Waverly Nails / Nail Salon / Spa
    • First Check Cash Advance / Check Cashing Service

    Property Details for 227 Emmitt Ave

    Lot size
    0.27 lot acres
    Property size
    5,280 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    18-007800.0000
    APU
    180078000000

    Description

    This exceptional 5,280 square foot retail space at 227 W Emmitt Avenue in Waverly, Ohio, is now available. Located at the intersection of W Emmitt Avenue and Victory, this single-tenant property boasts excellent street frontage and visibility. The property benefits from exceptionally high traffic counts, with over 25,000 vehicles passing daily, ensuring significant exposure for your business. The lot size is 0.27 acres, providing ample space for customer parking and potential expansion. The property's APN is 18-007800.0000. This is a fantastic opportunity for a business seeking a high-visibility location in a thriving community. The property is zoned for retail use and is ready for immediate occupancy. Its strategic location and high traffic volume make it an ideal space for a variety of retail businesses. Don't miss this chance to secure a prime retail location in Waverly, Ohio. Contact us today to schedule a showing and explore the possibilities. The property is located in Waverly, Ohio, zip code 45690.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $475,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $575,000
      Mixed-Use
      $445,000
      Hospitality
      $515,000
      Educational
      $535,000
      Residential Income
      $585,000
      Energy
      $550,000
      Income-Based Land
      $505,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Waverly
    County
    Pike
    State
    Ohio
    Longitude
    -82.9897
    Latitude
    39.124

    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
    $3,948
    $29,130
    $55,260
    $84,390
    -
    $83,230
    $157,890
    $241,120

    Comparable in this City

    • Value Estimation
      $180,000
      2,800 SF

      201 Emmitt Ave

      SHOPPING CENTER, STRIP CENTER • 2,800 SF
      201 Emmitt Ave, Waverly, OH 45690-1370
      View Details
    • Value Estimation
      $395,000
      8,816 SF

      206 Waverly Plz

      SHOPPING CENTER, STRIP CENTER • 8,816 SF
      206 Waverly Plz, Waverly, OH 45690-1222
      View Details
    • Value Estimation
      $1,115,000
      27,938 SF

      607 Emmitt Ave

      SHOPPING CENTER, STRIP CENTER • 27,938 SF
      607 Emmitt Ave, Waverly, OH 45690-1013
      View Details
    • Value Estimation
      $360,000
      4,375 SF

      505 Emmitt Ave

      SHOPPING CENTER, STRIP CENTER • 4,375 SF
      505 Emmitt Ave, Waverly, OH 45690-1083
      View Details
    • Value Estimation
      $395,000
      4,944 SF

      513 Emmitt Ave

      SHOPPING CENTER, STRIP CENTER • 4,944 SF
      513 Emmitt Ave, Waverly, OH 45690-1374
      View Details
    • Value Estimation
      $395,000
      5,562 SF

      415 Emmitt Ave

      SHOPPING CENTER, STRIP CENTER • 5,562 SF
      415 Emmitt Ave, Waverly, OH 45690
      View Details

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    Waverly, OH 45690-1005
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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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