You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants

600 Main St New Lexington, OH 43764-1533

9,000 SF 0.52 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-4896591
Property summary
AI-generated overview

This exceptional retail property at 600 S Main Street, New Lexington, OH 43764, presents a lucrative investment opportunity. Priced at $240,000, this 22,651.2 sq ft lot features a 1968-built main building currently operating as an ice cream shop, complete with a newer exhaust hood and Ansul fire suppression system. Two restrooms and a convenient drive-thru window cater to customer needs. The property's high-traffic corner location makes it ideal for a variety of uses, including a convenience store, gas station, coffee shop, beauty salon, donut shop, or continued operation as an ice cream parlor. Adding to its potential, the property includes two older mobile homes, one significantly expanded by an Amish builder to approximately 1400 square feet. While requiring repairs, these offer potential for additional rental income. A single water tap services all three buildings. The main building boasts a rubber roof. Any existing equipment is included in the sale, as-is. This property offers significant potential for a savvy investor seeking a strong return, particularly for retirement planning.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Construction METAL FRAME
Total area 9,000 SF
Lot 0.52 ac (22,651 SF)
APN 27-002586.0000
UPID US66-4896591
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
175 Land Property LLC · 3 yrs held
175 Land Property LLC
since 2022
2 recorded transactions
2022
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 600 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message