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    Property profile & analytics

    4 Chestnut St Jefferson, OH 44047

    • Gas stations
    • 1,200 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Last Sale
    Jan 04, 2025
    $190,000
    Location Intelligence
    Property ID
    US66-1163350
    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

    • Gas stations

    Property Details for 4 Chestnut St

    Year built
    1968
    Lot size
    0.70 lot acres
    Property size
    1,200 SF
    Property type
    Gas stations
    APN
    26-034-00-022-00
    APU
    260340002200

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $265,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $275,000
      Mixed-Use
      $265,000
      Hospitality
      $335,000
      Educational
      $345,000
      Residential Income
      $285,000
      Energy
      $265,000
      Income-Based Land
      $280,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.7698
    Latitude
    41.7378
    CBSA code
    11780
    CBSA name
    ASHTABULA, 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
    $4,430
    $57,650
    $8,510
    $66,160
    -
    $164,700
    $24,300
    $189,000

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

      Chestnut St

      VEHICLE SALES, RENTALS • 0.28 Acres
      Chestnut St, Jefferson, OH 44047
      View Details
    • Value Estimation by Request
      3,300 SF

      15 Sycamore St

      AUTO REPAIR, GARAGE • 3,300 SF
      15 Sycamore St, Jefferson, OH 44047-1430
      View Details
    • Value Estimation by Request
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      14 Chestnut St

      AUTO REPAIR, GARAGE • 1,280 SF
      14 Chestnut St, Jefferson, OH 44047-1124
      View Details
    • Value Estimation by Request
      1,280 SF

      3245 State Rte 167

      AUTO REPAIR, GARAGE • 1,280 SF
      3245 State Rte 167, Jefferson, OH 44047-8693
      View Details
    • Value Estimation
      $185,000
      5,940 SF

      55 Chestnut St

      AUTO REPAIR, GARAGE • 5,940 SF
      55 Chestnut St, Jefferson, OH 44047-1310
      View Details
    • Value Estimation by Request
      0.09 Acres

      1520 State Rte 307th W

      AUTO REPAIR, GARAGE • 0.09 Acres
      1520 State Rte 307th W, Jefferson, OH 44047-8712
      View Details

    Similar Nearby for Sale

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    4 Chestnut St
    Jefferson, OH 44047
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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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