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    Property profile & analytics

    44 Columbus St Lithopolis, OH 43136

    • Investment properties
    • 4,782 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Location Intelligence
    Property ID
    US66-1172138
    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

    • El Pedregal Mexican Restaurant / Mexican Restaurant

    Property Details for 44 Columbus St

    Year built
    1900
    Construction
    STEEL FRAME
    Lot size
    0.25 lot acres
    Property size
    4,782 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    010-02128.00
    APU
    100212800

    Description

    This exceptional investment opportunity presents a 3,000 square foot retail building located at 44 E Columbus St, Lithopolis, OH 43136. The property, situated on a 0.25-acre lot (APN: 01-00212-800), is zoned C (Commercial) and boasts a strong 85% occupancy rate across multiple tenants. The building underwent a complete renovation in 2016 and currently generates a total annual rental income of $70,440. This includes a restaurant generating $35,040 annually, and two apartments, one at $10,200 and the other at $13,200 annually, plus an additional $12,000 annual income from a rear building. The restaurant tenant, El Pedregal Mexican Restaurant, is currently operating under a NNN lease with five years remaining. Both apartments are two-bedroom, one-bathroom units with annual leases. The property's asking price is $1,150,000, representing a compelling 4.60% cap rate. Annual real estate taxes of $3,831 are paid by the building owner. This property offers a stable income stream with potential for future growth in a desirable location. The building is in excellent condition and benefits from strong, long-term tenants. This is an ideal investment for those seeking a diversified portfolio with a proven track record of success.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lithopolis
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.8073
    Latitude
    39.8035
    CBSA code
    18140
    CBSA name
    COLUMBUS, 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
    $5,387
    $16,740
    $50,600
    $67,340
    -
    $47,820
    $144,570
    $192,390

    Comparable in this City

    • Value Estimation by Request
      1,100 SF

      43 Columbus St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,100 SF
      43 Columbus St, Lithopolis, OH 43136
      View Details
    • Value Estimation
      $190,000
      2,394 SF

      87 Columbus St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,394 SF
      87 Columbus St, Lithopolis, OH 43136
      View Details
    • Value Estimation
      $200,000
      2,138 SF

      70 Columbus St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,138 SF
      70 Columbus St, Lithopolis, OH 43136
      View Details
    • Value Estimation
      $210,000
      4,600 SF

      81 Columbus St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,600 SF
      81 Columbus St, Lithopolis, OH 43136
      View Details
    • Value Estimation
      $305,000
      3,276 SF

      77 Columbus St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,276 SF
      77 Columbus St, Lithopolis, OH 43136
      View Details
    • Value Estimation by Request
      3,068 SF

      55 Es St

      HOSPITAL - PRIVATE • 3,068 SF
      55 Es St, Lithopolis, OH 43136
      View Details
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    44 Columbus St
    Lithopolis, OH 43136
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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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