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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Commercial land
Star Dr Chillicothe, OH 45601
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US66-3704717
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
12,000 SF
Lot
0.28 ac (12,001 SF)
APN
26-16-02-099.000
UPID
US66-3704717
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$1.08M
Owner & transaction history
C Walters Investments LLC · 14 yrs held
C Walters Investments LLC
since 2012
Last sale
$1.2M
6 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 Chillicothe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chillicothe 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%
$1,320,000
6.5%
$1,220,000
7%
$1,130,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,245,000
Current use
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.25M (Jan 7 2026)
Last sale anchor
$1.25M
Jan 7 2026
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
$90 / 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
$826
Tax year 2023
Assessed value
$17,150
Assessed 2023
Previous assessed
$17,150
+0.0% YoY
Effective rate
4.82%
On assessed value
Assessed land
$12,600
Assessed improvement
$4,550
Land market value
$36,000
Improvement market value
$13,000
Total market value
$49,000
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Stories
1
Total area
12,000 SF
Lot
0.28 ac (12,001 SF)
APN
26-16-02-099.000
UPID
US66-3704717
Jurisdiction
ROSS
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) Current
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
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
Heating
NONE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
C Walters Investments LLC
Entity
Mailing address
5540 3RD LCKS RD, CHILLICOTHE, OH 45601-8976
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2018
—
C Walters Investments LLC
—
Grant Deed
related
$5,300,000 · Ohio Vly Bk
Dec 16, 2014
—
C Walters Investments LLC
—
Grant Deed
related
$3,180,000 · Lcnb Nat'l Bk
Sep 20, 2012
—
C Walters Investments LLC
—
Deed Of Trust
related
$2,000,000 · First National Bank Waverly
Jun 5, 2012
$600,000
C Walters Investments LLC
Jdvj LLC
Warranty Deed
$775,000 · The First National Bank Of Waverly
Sep 2, 2010
$725,000
Jdvj LLC
Stoneridge Arc LLC
Warranty Deed
$606,000 · Huntington National Bank
—
—
C Walters Investments LLC
—
Deed Of Trust
related
$620,000 · Lcnb Nat'l Bk
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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