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    Property profile & analytics

    601 State St Pioneer, OH 43554-9505

    • Retail space
    • 2,400 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    May 04, 2025
    $80,000
    Location Intelligence
    Property ID
    US66-2990786
    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

    • Subway / Restaurant / Caterer
    • Dollar General / General Store / Seasonal Goods Store
    • Blaze and Babes / Pizza Restaurant
    • Western Union / Money Transfer Service
    • Redbox / Movie Rental Kiosk / Dvd Store

    Property Details for 601 State St

    Year built
    2003
    Lot size
    0.60 lot acres
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    092-170-01-054.001
    APU
    9217001054001

    Description

    This exceptional 2400-square-foot commercial property, ideally situated at 601 N State Street Unit 601 in Pioneer, Ohio, presents a remarkable opportunity for a discerning investor. Completely renovated in 2021, this building boasts a wealth of modern amenities perfectly suited for a food service operation. Two convenient drive-up windows, added during the 2021 renovation, enhance customer accessibility and streamline service. The extensive renovation included a complete overhaul of the plumbing, electrical, and gas lines, ensuring optimal functionality and efficiency. New exterior walls and siding provide a fresh, modern aesthetic. The sale includes valuable existing equipment such as a walk-in cooler and two sheds, one of which is equipped with electricity, heating, and air conditioning. A new kitchen hood, installed in 2021, further enhances the property's culinary capabilities. The 0.6-acre lot provides ample space for expansion or outdoor seating. While the current businesses operating on the premises are not included in the sale, the included food equipment will provide a solid foundation for a new venture. Please note that the CREO coffee equipment is excluded. This property offers an unparalleled blend of modern infrastructure, convenient location, and significant potential for a thriving food service business. The asking price is $350,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $70,000

    • CAP approach

      CAP return
      Estimation
      6%
      $85,000
      6.5%
      $90,000
      7%
      $95,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $85,000
      Geo Method
      $90,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $110,000
      Retail
      $90,000
      Mixed-Use
      $95,000
      Hospitality
      $90,000
      Educational
      $90,000
      Residential Income
      $90,000
      Energy
      $90,000
      Income-Based Land
      $95,000
      Food Service
      $85,000

    Location Insight

    • Map
    • Local Demand
    City
    Pioneer
    County
    Williams
    State
    Ohio
    Longitude
    -84.5538
    Latitude
    41.6862

    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
    $2,365
    $9,070
    $26,950
    $36,020
    -
    $25,900
    $77,000
    $102,900

    Comparable in this City

    • Value Estimation
      $35,000
      1,344 SF

      120 State St

      RETAIL STORES (PERSONAL SERVICES) • 1,344 SF
      120 State St, Pioneer, OH 43554-8604
      View Details
    • Value Estimation
      $395,000
      8,000 SF

      State Rte 15

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      State Rte 15, Pioneer, OH 43554
      View Details
    • Value Estimation
      $115,000
      4,486 SF

      103 1st St

      RETAIL STORES (PERSONAL SERVICES) • 4,486 SF
      103 1st St, Pioneer, OH 43554
      View Details
    • Value Estimation
      $100,000
      10,400 SF

      601 State St

      RETAIL STORES (PERSONAL SERVICES) • 10,400 SF
      601 State St, Pioneer, OH 43554-9790
      View Details
    • Value Estimation
      $1,615,000
      7,623 SF

      201 State St

      RETAIL STORES (PERSONAL SERVICES) • 7,623 SF
      201 State St, Pioneer, OH 43554-9657
      View Details
    • Value Estimation
      $385,000
      8,820 SF

      14700 State Rte 15

      RETAIL STORES (PERSONAL SERVICES) • 8,820 SF
      14700 State Rte 15, Pioneer, OH 43554-9765
      View Details
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    601 State St
    Pioneer, OH 43554-9505
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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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