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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Grocery and convenience stores
66440 Belmont Morristown Rd Belmont, OH 43718-9592
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1499136
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2006
Total area
10,628 SF
Lot
1.13 ac (49,223 SF)
APN
39-00739-000
UPID
US66-1499136
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
-
Home Video Studio Film Production Television Studio
-
Quiznos Take-out & Catering
-
Marathon Gas Gas Station
-
Bel-Morr Market Grocery & Convenience Store
-
ATM (Bel-Morr Shur Fast) Grocery Store Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$1.11M
Owner & transaction history
Department Of Transporation · 4 yrs held
Department Of Transporation
since 2021
Last sale
$700
4 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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,385,000
Change: 0% · Conversion: Easy
RESTAURANT
$1,005,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$925,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$825,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $700 (Oct 25 2021)
Last sale anchor
$700
Oct 25 2021
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
$104 / 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
$16,429
Tax year 2023
Assessed value
$416,388
Assessed 2023
Previous assessed
$416,388
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$127,536
Assessed improvement
$288,852
Land market value
$364,390
Improvement market value
$825,290
Total market value
$1,189,680
Applied tax rate
39.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
10,628 SF
Lot
1.13 ac (49,223 SF)
APN
39-00739-000
UPID
US66-1499136
Jurisdiction
BELMONT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$825,000
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Department Of Transporation
Entity
Mailing address
55879 NEW CASTLE RD, JERUSALEM, OH 43747-9608
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
$700
Department Of Transporation
George T Ballog
Warranty Deed
—
Jul 5, 2018
—
Delia D Ballog
—
Deed
related
$327,287 · Belmont Savings Bank
Jun 20, 2014
—
Ballog,george T & Delia D
—
Grant Deed
related
$4,000,000 · Progressive Bk
—
—
George T Ballog
—
Deed Of Trust
related
$725,000 · Community Capital Dev Corp
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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