770 Main St Jackson, OH 45640-2131
Property Lookup
Property profile & analytics
770 Main St Jackson, OH 45640-2131
- Turn key restaurants
- 5,250 SF
- 1.51 lot acres
Property ID
US66-4848063
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.
Location Intelligence
Current Use by Public Records
- Bob Evans / Restaurant
Property Details for 770 Main St
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 1.51 lot acres
- Property size
- 5,250 SF
- Property type
- Turn key restaurants
- APN
- H140200013500
- APU
- H140200013500
Description
This exceptional investment opportunity presents a fee-simple ownership of a 5,273 square foot Bob Evans restaurant located at 770 E Main St, Jackson, Ohio, 45640. The property sits on a 1.51-acre lot, enjoying high visibility and accessibility on Main Street, just north of the intersection of OH-32 and OH-124, with a daily traffic count of 14,158 vehicles. The building, constructed in 2023, is a single-story structure operating under a 20-year Absolute NNN lease with Bob Evans Restaurants, LLC, a well-established chain with approximately 439 locations. The lease has 19+ years remaining and includes four 5-year renewal options. Rent increases are structured with a 2% annual bump beginning in the fifth lease year (May 1, 2027), providing significant long-term growth potential. The property boasts a 7.00% cap rate and a current Net Operating Income (NOI) of $218,000. The surrounding area demonstrates strong demographics, with a total population of 12,368 within a 5-mile radius and an average household income of $113,879 within a 1-mile radius. This location benefits from proximity to other established retailers and restaurants, including Walmart, Kroger, and several national fast-food chains. The property is zoned C and offers a compelling investment opportunity due to its long-term lease, built-in rent escalations, and strong tenant performance in a thriving market. The property is currently 100% occupied.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Ohio
- Longitude
- -82.6279
- Latitude
- 39.0415
- CBSA code
- 27160
- CBSA name
- JACKSON, OH MICROPOLITAN STATISTICAL AREA
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
$10,099
$88,280
$136,580
$224,860
-
$252,240
$390,220
$642,460
