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    Property profile & analytics

    3501 State Rte 28 South Salem, OH 45681-9776

    • Commercial real estate
    • 580 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Dec 13, 2023
    $100,000
    Location Intelligence
    Property ID
    US66-3097503
    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

    • Commercial real estate

    Property Details for 3501 State Rte 28

    Year built
    1954
    Construction
    CONCRETE BLOCKS
    Lot size
    0.19 lot acres
    Property size
    580 SF
    Property type
    Commercial real estate
    APN
    02-12-09-075.000
    APU
    21209075000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Salem
    County
    Ross
    State
    Ohio
    Longitude
    -83.3119
    Latitude
    39.3539
    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
    $310
    $2,450
    $4,140
    $6,590
    -
    $7,000
    $11,820
    $18,820

    Comparable in this City

    • Value Estimation by Request
      864 SF

      4349 Main St

      COMMERCIAL (GENERAL) • 864 SF
      4349 Main St, South Salem, OH 45681-9775
      View Details
    • Value Estimation by Request
      2,404 SF

      3540 State Rte 28

      MINI-WAREHOUSE, STORAGE • 2,404 SF
      3540 State Rte 28, South Salem, OH 45681-9700
      View Details
    • Value Estimation by Request
      0.35 Acres

      3501 State Rte 28

      VACANT COMMERCIAL LAND • 0.35 Acres
      3501 State Rte 28, South Salem, OH 45681-9776
      View Details
    • Value Estimation by Request
      3,000 SF

      Twin Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,000 SF
      Twin Rd, South Salem, OH 45681
      View Details
    • Value Estimation by Request

      1 Parklane Blvd

      VACANT COMMERCIAL LAND
      1 Parklane Blvd, South Salem, OH 45681
      View Details
    • Value Estimation by Request
      0.81 Acres

      11342 Us Rt 50

      VACANT COMMERCIAL LAND • 0.81 Acres
      11342 Us Rt 50, South Salem, OH 45681
      View Details
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    3501 State Rte 28
    South Salem, OH 45681-9776
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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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