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    Property profile & analytics

    2515 3rd St Ironton, OH 45638-2640

    • Turn key restaurants
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Jan 30, 2023
    $200,000
    Location Intelligence
    Property ID
    US66-0599071
    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

    • Turn key restaurants

    Property Details for 2515 3rd St

    Year built
    1960
    Lot size
    0.51 lot acres
    Property type
    Turn key restaurants
    APN
    36-070-0500.000
    APU
    360700500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $170,000

    • CAP approach

      CAP return
      Estimation
      6%
      $140,000
      6.5%
      $145,000
      7%
      $125,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $100,000
      Retail
      $115,000
      Mixed-Use
      $125,000
      Hospitality
      $100,000
      Educational
      $100,000
      Residential Income
      $125,000
      Energy
      $125,000
      Income-Based Land
      $115,000
      Food Service
      $105,000

    Location Insight

    • Map
    • Local Demand
    City
    Ironton
    County
    Lawrence
    State
    Ohio
    Longitude
    -82.6682
    Latitude
    38.5145
    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
    $2,620
    $20,580
    $45,120
    $65,700
    -
    $58,800
    $128,900
    $187,700

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      823 Marion Pike

      RESTAURANT • 0.27 Acres
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      View Details
    • Value Estimation by Request
      0.09 Acres

      1619 3rd St

      RESTAURANT • 0.09 Acres
      1619 3rd St, Ironton, OH 45638-2268
      View Details
    • Value Estimation by Request
      0.12 Acres

      2324 3rd St

      RESTAURANT • 0.12 Acres
      2324 3rd St, Ironton, OH 45638-2551
      View Details
    • Value Estimation by Request
      0.06 Acres

      621 Park Ave

      RESTAURANT • 0.06 Acres
      621 Park Ave, Ironton, OH 45638-1542
      View Details
    • Value Estimation
      $150,000
      0.12 Acres

      1810 3rd St

      RESTAURANT • 0.12 Acres
      1810 3rd St, Ironton, OH 45638-2471
      View Details
    • Value Estimation
      $315,000
      0.10 Acres

      124 2nd St

      RESTAURANT • 0.10 Acres
      124 2nd St, Ironton, OH 45638-1530
      View Details

    Similar Nearby for Sale

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      0.46 Acres

      Former Restaurant Building For Sale

      3,648 SF commercial building, formerly a restaurant, with 32 parking spaces.
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      Mixed-use building with retail and office spaces in downtown Ironton.
      106-112 Center St, Ironton, OH 45638
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    • Contact for pricing
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      Office Investment Opportunity For Sale

      Office building available for sale at 1804 N 2nd St.
      1805 N 2Nd St, Ironton, OH 45638
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    • $299,900
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      Ironton Apartment Building For Sale

      Six-unit apartment building in high-visibility Ironton location.
      1107 S 3Rd St, Ironton, OH 45638
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    • $10,000,000
      207.68 Acres

      207+ Acre Vacant Land

      Land with development potential near US Route 52.
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    2515 3rd St
    Ironton, OH 45638-2640
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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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