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    Property profile & analytics

    23 Brg St Chillicothe, OH 45601

    • Parking lots & garages
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,045,000
    Last Sale
    Nov 17, 2021
    $1,159,000
    Location Intelligence
    Property ID
    US66-3006192
    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

    • Parking lots & garages

    Property Details for 23 Brg St

    Lot size
    0.14 lot acres
    Property type
    Parking lots & garages
    APN
    30-54-16-006.000
    APU
    305416006000

    Description

    This exceptional 30-acre commercial land parcel, known as "The Point," presents a significant investment opportunity in Chillicothe, Ohio. Strategically located at the intersection of Bridge Street/Rt 159 and US Rt 23, this property boasts unparalleled visibility with 1,660 feet of frontage on US 23 and 1,900 feet on Rt. 159. The site is one of the largest available on Bridge Street/Rt 159, serving as a major connector between southern Ohio and Columbus. Chillicothe acts as the commercial center for Ross County and seven surrounding counties, encompassing a population exceeding 300,000. This location offers easy access to a robust workforce, with proximity to major employers including Adena Regional Medical Center (2,800 employees), PACCOR/Kenworth Trucks (2,600 employees) and their subcontractors, and the Cohen Medical development (200 employees). The property is situated in both an Enterprise Zone and a Community Reinvestment Area, offering potential economic incentives. Located in Ross County/Springfield Township, the land is unzoned, providing flexibility for a wide range of commercial developments. The asking price is $4,500,000. APN numbers are 340607041000, 340607348000, 340607339000, and 340607044000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,125,000
      6.5%
      $1,140,000
      7%
      $1,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,250,000
      Geo Method
      $1,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $985,000
      Retail
      $1,030,000
      Mixed-Use
      $1,175,000
      Hospitality
      $1,225,000
      Educational
      $1,030,000
      Residential Income
      $1,000,000
      Energy
      $1,055,000
      Income-Based Land
      $955,000
      Food Service
      $1,120,000

    Location Insight

    • Map
    • Local Demand
    City
    Chillicothe
    County
    Ross
    State
    Ohio
    Longitude
    -82.974
    Latitude
    39.3351
    CBSA code
    17060
    CBSA name
    CHILLICOTHE, 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
    $355
    $5,460
    $560
    $6,020
    -
    $15,600
    $1,600
    $17,200

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

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      PARKING GARAGE, PARKING STRUCTURE • 0.46 Acres
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    • Value Estimation by Request
      0.04 Acres

      6 Health Dr

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    • Value Estimation by Request
      0.07 Acres

      14 Main St

      PARKING GARAGE, PARKING STRUCTURE • 0.07 Acres
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    • Value Estimation by Request
      0.15 Acres

      18-22 Main St

      PARKING GARAGE, PARKING STRUCTURE • 0.15 Acres
      18-22 Main St, Chillicothe, OH 45601
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    • Value Estimation by Request
      0.02 Acres

      Market

      PARKING GARAGE, PARKING STRUCTURE • 0.02 Acres
      Market, Chillicothe, OH 45601
      View Details
    • Value Estimation by Request
      0.14 Acres

      213 Paint St

      PARKING GARAGE, PARKING STRUCTURE • 0.14 Acres
      213 Paint St, Chillicothe, OH 45601-3828
      View Details

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    23 Brg St
    Chillicothe, OH 45601
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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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