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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office Spaces
109 Main St Louisville, OH 44641-1466
Individually Owned
2-yr Hold
Free & Clear
Property ID
US66-1530616
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1908
Construction
FRAME
Total area
15,920 SF
Lot
0.11 ac (4,622 SF)
APN
36-01403
UPID
US66-1530616
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
by Request
Comparable Approach
Comparable
$473k
Blend (final)
Blend
$545k
Owner & transaction history
Cheerleading Techniques With Tori L · 2 yrs held
Cheerleading Techniques With Tori L
since 2024
7 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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Current use
WAREHOUSE, STORAGE
$840,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
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
$34 / 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
$5,713
Tax year 2023
Assessed value
$110,430
Assessed 2023
Previous assessed
$110,430
+0.0% YoY
Effective rate
5.17%
On assessed value
Assessed land
$6,130
Assessed improvement
$104,300
Land market value
$17,500
Improvement market value
$298,000
Total market value
$315,500
Applied tax rate
330.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1908
Construction
FRAME
Heating
SPACE
Cooling
NONE
Stories
3
Units
1
Bathrooms
4
Total area
15,920 SF
Lot
0.11 ac (4,622 SF)
APN
36-01403
UPID
US66-1530616
Jurisdiction
STARK
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
$890,000
WAREHOUSE, STORAGE
Est. value
$840,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
Year built
1908
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
3
Units
1
Bathrooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Cheerleading Techniques With Tori L
Individual
Free & Clear · 2 yrs held
Mailing address
109 E MAIN ST, LOUISVILLE, OH 44641-1466
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
—
Cheerleading Techniques With Tori L
Northmark INC
Lease
—
May 30, 2023
—
Northmark INC
—
Deed
related
$500,000 · Ohio Catholic FCU
Mar 23, 2020
—
Northmark INC
—
Deed
related
$500,000 · Unified Bk
Feb 3, 2020
—
Northmark INC
—
Deed
related
$153,415 · Unified Bk
Jun 30, 2006
—
Northmark INC
North Mark Properties INC
Warranty Deed
$1,790,000 · Sky Bank
—
—
Northmark Properties INC
—
Deed Of Trust
related
$740,000 · Citizens Savings Bank
—
—
Northmark INC
—
Deed Of Trust
related
$153,415 · Unified Bk
—
—
Northmark INC
—
Deed Of Trust
related
$500,000 · Unified 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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