Property profile

2586 State Rte 39th NE New Philadelphia, OH 44663

OFF-MARKET
Other commercial real estate
Property ID
US66-1626080
1,412 SF 7.14 ac lot Built 1996
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property includes a commercial building that was formerly operated as a gun shop, with a steel roof on the rear portion. Attached to the commercial space is a 3-bedroom, 1.5-bath apartment; this living area is heated with oil heat and forced-air systems, and the central air and furnace were updated in 2010. The commercial building and apartment are configured to provide approximately 3,220 square feet of interior space and are currently vacant. On the same site is an additional 1996 modular home offering 3 bedrooms and 2 bathrooms in approximately 1,412 square feet; its roof and air conditioning were updated in 2019, and its furnace was replaced in 2021 using forced-air propane. The site covers over 7 acres with extensive frontage and includes a stocked pond. There is also an equipment storage building with electric service and a 23' x 30' garage door. Utilities include electric service through AEP Electric, and the septic system has been maintained under a regular maintenance program by Speedie.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Construction FRAME
Total area 1,412 SF
Lot 7.14 ac (310,801 SF)
APN 24-01248.000
UPID US66-1626080

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2586 State Rte 39th NE New Philadelphia, OH 44663-8095
New Philadelphia metro Census 21000 NEW PHILADELPHIA-DOVER, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2025
1 recorded transaction
2025
$242,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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