Property profile

903 State Rte 152 Bloomingdale, OH 43910

OFF-MARKET
Turn key restaurants
Property ID
US66-3339676
864 SF 1 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.04-acre property in Bloomingdale, Ohio, presents a unique investment opportunity. Located at 903 State Route 152, the property features a substantial commercial building, previously operating as a restaurant, now awaiting its next chapter. The building's versatile layout offers significant potential for various commercial ventures. Adding to its appeal is an existing residential rental unit, providing a consistent income stream or comfortable owner's quarters. Further enhancing the property's income potential is a former motel, ripe for renovation or redevelopment. Four camper hookups are also available, adding another revenue stream or amenity for future development. The expansive 3.04-acre lot provides ample space for expansion, additional buildings, or outdoor amenities. This property is ideal for investors seeking multiple income streams or entrepreneurs looking to establish a thriving business. The combination of commercial space, residential unit, former motel, and ample land makes this a truly rare and versatile opportunity. The property is priced at $220,000. This is a chance to acquire a significant piece of Bloomingdale real estate with substantial upside potential.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Total area 864 SF
Lot 1 ac (43,560 SF)
APN 45-00463-001
UPID US66-3339676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

903 State Rte 152 Bloomingdale, OH 43910-7923
Bloomingdale metro Census 11500 WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2022
Last sale
$150,000
5 recorded transactions
2022
Price N/A
2022
$150,000
2019
Price N/A
2019
Price N/A
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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