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Property profile & analytics
OFF-MARKET
Drive through restaurants
99 Watkins St, Nelsonville, OH 45764-1323
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-3530297
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1992
Total area
1,876 SF
Lot
0.29 ac (12,632 SF)
APN
P03-01700039-00
UPID
US66-3530297
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
-
Los Mariachis Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gillett Real Estate LLC · 9 yrs held
Gillett Real Estate LLC
since 2017
5 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 Nelsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nelsonville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,685
Tax year 2023
Assessed value
$66,100
Assessed 2023
Previous assessed
$66,100
+0.0% YoY
Effective rate
7.09%
On assessed value
Assessed land
$28,290
Assessed improvement
$37,810
Land market value
$80,840
Improvement market value
$108,040
Total market value
$188,880
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1992
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
1,876 SF
Lot
0.29 ac (12,632 SF)
APN
P03-01700039-00
UPID
US66-3530297
Jurisdiction
ATHENS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Gillett Real Estate LLC
Entity
Mailing address
175 S 3RD ST STE #1010, COLUMBUS, OH 43215-5194
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2017
$180,000
Gillett Real Estate LLC
Luis Arturo Cruz Diaz
Warranty Deed
$144,000 · Nelsonville Home & Savings Bank
Apr 27, 2016
$156,500
Luis Arturo Cruz Diaz
Steven J Holtel
Warranty Deed
—
Oct 22, 2015
—
Steven J Holtel
Steven J Holtel
Intrafamily Transfer
related
—
Oct 31, 2013
—
Steven J Holtel
Stoltz Drug Stores INC
Warranty Deed
—
Apr 11, 2011
$185,000
Luis A Cruz
Debra Whalen Holtel
Land Contract
$86,500 · Debra Whalen Holtel Etal
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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