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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Medical Office Space
111 Harbert Dr Dayton, OH 45440-5117
Individually Owned
28-yr Hold
Free & Clear
Property ID
US66-1238446
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
11,726 SF
Lot
2.79 ac (121,576 SF)
Zoning code
C-PUD 96-4
APN
B42-0003-0019.0-0093.00
UPID
US66-1238446
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
-
Premier Ob/gyn Physician
-
Mark Williams Pediatrician Physician
-
Meghan Elizabeth Brewster, MD Pediatrician Physician
-
Lindsey R Hammett, PA-C Physician
-
Warren Ljungren, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Miami Valley Hospital · 28 yrs held
Miami Valley Hospital
since 1998
1 recorded transaction
Zoning & alternative use
C-PUD 96-4 · Dayton, OH
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$98 / 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
$29,417
Tax year 2023
Assessed value
$368,920
Assessed 2023
Previous assessed
$343,400
+7.4% YoY
Effective rate
7.97%
On assessed value
Assessed land
$50,330
Assessed improvement
$318,590
Land market value
$143,810
Improvement market value
$910,270
Total market value
$1,054,080
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Total area
11,726 SF
Lot
2.79 ac (121,576 SF)
Zoning code
C-PUD 96-4
APN
B42-0003-0019.0-0093.00
UPID
US66-1238446
Jurisdiction
GREENE
Zoning & alternative use
C-PUD 96-4 · Dayton, OH
Zoning C-PUD 96-4 · permitted uses
C-PUD 96-4 · Dayton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dayton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Lot
2.79 ac
Current owner
From public records · entity-resolved
Miami Valley Hospital
Individual
Free & Clear · 28 yrs held
Mailing address
110 N MAIN ST STE #1250, DAYTON, OH 45402-3726
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 1998
$175,000
Miami Valley Hospital
Bechtel Associates Ltd
Grant Deed
—
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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