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Property profile & analytics
OFF-MARKET
Estimated value
$26,130,000
Warehouses
107 Heritage Dr 123 Etna, OH 43062-9805
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-2337413
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
524,490 SF
Lot
25.4 ac (1,106,424 SF)
APN
010-017172-00.004
UPID
US66-2337413
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.39M
Blend (final)
Blend
$26.13M
Owner & transaction history
Pool 3 Industrinl Oh LLC · 4 yrs held
Pool 3 Industrinl Oh LLC
since 2021
Last sale
$36.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$41.6M
+69.2%
Retail stores
$38.8M
+58.0%
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 Etna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Etna 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
$26,580,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$24,565,000
Current use
AUTO REPAIR, GARAGE
$41,565,000
Change: +69% · Conversion: Easy
RETAIL STORES
$38,810,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$26.13M
Range $23.52M – $28.74M · ±10% · vs last sale $36.54M (Dec 6 2021)
Last sale anchor
$36.54M
Dec 6 2021
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
$50 / 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
$729,666
Tax year 2023
Assessed value
$12,085,570
Assessed 2023
Previous assessed
$7,875,000
+53.5% YoY
Effective rate
6.04%
On assessed value
Assessed land
$889,000
Assessed improvement
$11,196,570
Land market value
$2,540,000
Improvement market value
$31,990,200
Total market value
$34,530,200
Applied tax rate
10.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
524,490 SF
Lot
25.4 ac (1,106,424 SF)
APN
010-017172-00.004
UPID
US66-2337413
Jurisdiction
LICKING
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
WAREHOUSE, STORAGE Current
Est. value
$24.6M
AUTO REPAIR, GARAGE
Est. value
$41.6M
RETAIL STORES
Est. value
$38.8M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
NONE
Stories
1
Lot
25.4 ac
Current owner
From public records · entity-resolved
Pool 3 Industrinl Oh LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5 RADNOR CORPORATE CTR #250, RADNOR, PA 19087-4542
Ownership since
2021
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
Dec 6, 2021
$36,535,100
Pool 3 Industrinl Oh LLC
Exeter 107 123 Heritage LLC
Limited Warranty Deed
—
Nov 30, 2020
—
Exeter 107-123 Heritage LLC
—
Deed
related
$195,530 · Wells Fargo Bk
Feb 19, 2020
—
Exeter 107 123 Heritage LLC
—
Deed
related
$179,270,000 · Wells Fargo Bank NA
Feb 3, 2020
$78,105
Exeter 107-123 Heritage LLC
Prologis A4-oh I LLC
Grant Deed
—
Jun 17, 2008
—
Prologis-a4 Oh 1 LLC
Prologis
Quit Claim Deed
related
—
—
—
Exeter 107-123 Heritage LLC
—
Loan Modification
related
$195,530 · Wells Fargo 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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