Property profile

4 Chestnut St Jefferson, OH 44047

OFF-MARKET
Gas stations
Property ID
US66-1163350
1,200 SF 0.7 ac lot Built 1968
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This owner-user gas station and convenience store presents a compelling investment opportunity in Jefferson, Ohio. Located on a prime signalized corner at 4 South Chestnut Street, the property boasts exceptional visibility and high traffic counts, averaging over 7,000 vehicles daily. The 1,200 square foot building sits on a spacious 1.01-acre lot, offering significant potential for expansion into a larger convenience store to increase revenue streams. The property benefits from dual street access, maximizing exposure to potential customers. The existing BP branding provides immediate name recognition and market presence. The current fuel contract with Cross America Partners has less than three years remaining, presenting a strategic opportunity for renegotiation or rebranding. The property includes a 10,000-gallon underground storage tank constructed of double-walled fiberglass. Financial records (2023 register tape) are available for qualified buyers. This turnkey operation offers a strong value-add investment for an experienced operator seeking to expand their portfolio within the growing Cleveland MSA. The property's 100% occupancy ensures immediate cash flow. The asking price is $575,000, translating to $479.17 per square foot.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1968
Total area 1,200 SF
Lot 0.7 ac (30,492 SF)
APN 26-034-00-022-00
UPID US66-1163350

Cap rate & NOI

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

Location

4 Chestnut St Jefferson, OH 44047
Jefferson metro Census 1102 ASHTABULA, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2025
Last sale
$190,000
3 recorded transactions
2025
$190,000
2018
$199,000
2018
Price N/A

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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