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Property profile & analytics
OFF-MARKET Estimated value $1,685,000
Commercial real estate

705 High Ave New Philadelphia, OH 44663-2057

11,068 SF 1.66 ac lot Built 2006
Entity Owned Free & Clear
Property ID
US66-2363266
Property summary
AI-generated overview

This exceptional 11,126 square foot former Rite Aid building presents a remarkable opportunity for owner-users or investors. Situated on a 1.657-acre lot in New Philadelphia, Ohio, at the signalized intersection of West High Avenue and Tuscarawas Avenue NW, this single-tenant property boasts high visibility and accessibility. Built in 2006, the building features 56 paved parking spaces, convenient access from three separate roads, and a double drive-thru. Inside, you'll find a well-maintained space with a mezzanine storage area accessible by an elevator lift, a security system with interior and exterior cameras, an automatic front entry door, and robust 480-volt, 300-amp electrical service. The property's digital signage adds to its marketing potential. The zoning allows for a variety of uses, and the location benefits from high traffic counts of 21,927 vehicles per day at the intersection. This property is ideally positioned near other major retailers, including Walmart, Menards, Tractor Supply, Goodwill, and Dollar Tree, ensuring high foot traffic and brand recognition. This is a truly exceptional opportunity to acquire a well-maintained, high-visibility retail space in a thriving commercial area. The property is available for sale or lease.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Total area 11,068 SF
Lot 1.66 ac (72,179 SF)
APN 43-02548.000
UPID US66-2363266
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
  • Rite Aid Pharmacy
  • Philip G. Ruffini, RPH Pharmacy
  • higi Physician
  • Western Union Bank Credit Union
  • Amazon Locker - Sonja Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.76M
Comparable Approach Comparable
$1.82M
Blend (final) Blend
$1.69M
Owner & transaction history
Dg New Philly LLC
Dg New Philly LLC
since 2025
Last sale
$1.6M
4 recorded transactions
2025
$1.6M
2018
$5.0M
2007
$5.4M
2006
$960,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.6M +47.4%
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