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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Retail space
556 Main St, Wellsville, OH 43968-1654
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2491450
Property summary
AI-generated overview
This exceptional investment opportunity features a 2,266 square foot Pizza Hut located at 556 Main St, Wellsville, OH 43968. The property sits on a 0.28-acre lot and is subject to a 20-year absolute triple-net (NNN) lease, commencing February 22, 2022, and expiring February 28, 2042, with a remaining term of 17.3 years. The current annual rent is $65,000, representing a 6.00% capitalization rate. The lease includes six, five-year renewal options, extending the potential lease term to 50 years. Annual rent increases of 1.75% are scheduled to begin in year seven and continue through the renewal periods. The property boasts 100% occupancy and offers a strong, long-term investment with a guaranteed franchisee, SFR XI Holdings, LLC, operating approximately 120+ units. This is a rare opportunity to acquire a well-established, passively managed, income-producing asset in a stable market. The property is currently operating at full occupancy, providing immediate cash flow and significant long-term growth potential. This is an ideal addition to any diversified real estate portfolio.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Total area
2,400 SF
Lot
0.28 ac (12,001 SF)
APN
84-02775-000
UPID
US66-2491450
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$905k
Owner & transaction history
Cot Pizza Re LLC · 4 yrs held
Cot Pizza Re LLC
since 2022
Last sale
$961,434
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wellsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$850,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $961k (Apr 7 2022)
Last sale anchor
$961k
Apr 7 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$377 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,912
Tax year 2023
Assessed value
$49,390
Assessed 2023
Previous assessed
$49,390
+0.0% YoY
Effective rate
5.90%
On assessed value
Assessed land
$3,990
Assessed improvement
$45,400
Land market value
$11,400
Improvement market value
$129,700
Total market value
$141,100
Applied tax rate
84.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Heating
YES
Stories
1
Total area
2,400 SF
Lot
0.28 ac (12,001 SF)
APN
84-02775-000
UPID
US66-2491450
Jurisdiction
COLUMBIANA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
YES
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Cot Pizza Re LLC
Entity
Mailing address
200 S BISCAYNE BLVD, MIAMI, FL 33131-2310
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$961,500
Cot Pizza Re LLC
Roro LLC
Limited Warranty Deed
$100,000 · Scfrc Hw G LLC
May 6, 2021
—
Frank M Drago
Dominic V Drago
Intrafamily Transfer
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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