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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Warehouses
111 Schofield Dr Whitehall, OH 43213-3804
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-1293576
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Total area
3,840 SF
Lot
2.06 ac (89,559 SF)
Zoning code
111
APN
090-008257
UPID
US66-1293576
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
$405k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$540k
Blend (final)
Blend
$520k
Owner & transaction history
Extra Space Storage LLC · 7 yrs held
Extra Space Storage LLC
since 2019
3 recorded transactions
Zoning & alternative use
111 · Whitehall, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$610,000
+86.9%
Office building
$525,000
+61.1%
Medical building
$520,000
+59.1%
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 Whitehall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitehall 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
$405,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$325,000
Current use
AUTO REPAIR, GARAGE
$610,000
Change: +87% · Conversion: Easy
OFFICE BUILDING
$525,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$520,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$415,000
Change: +27% · Conversion: Moderate
RETAIL STORES
$410,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$375,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$135 / 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
$46,043
Tax year 2023
Assessed value
$614,510
Assessed 2023
Previous assessed
$486,130
+26.4% YoY
Effective rate
7.49%
On assessed value
Assessed land
$230,170
Assessed improvement
$384,340
Land market value
$657,600
Improvement market value
$1,098,100
Total market value
$1,755,700
Applied tax rate
90.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
YES
Cooling
NONE
Buildings
5
Stories
1
Total area
3,840 SF
Lot
2.06 ac (89,559 SF)
Zoning code
111
APN
090-008257
UPID
US66-1293576
Jurisdiction
FRANKLIN
Zoning & alternative use
111 · Whitehall, OH
Zoning 111 · permitted uses
111 · Whitehall, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whitehall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$325,000
AUTO REPAIR, GARAGE
Est. value
$610,000
OFFICE BUILDING
Est. value
$525,000
MEDICAL BUILDING
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$415,000
RETAIL STORES
Est. value
$410,000
COMMERCIAL (GENERAL)
Est. value
$375,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1995
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
2.06 ac
Current owner
From public records · entity-resolved
Extra Space Storage LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2019
—
Extra Space Storage LLC
Extra Space Properties 124 LLC
Quit Claim Deed
related
—
May 5, 2016
—
Extra Space Properties 124 LLC
Extra Space Props Fifty One Ll
Quit Claim Deed
related
$100,000,000 · Bank Of America
Jul 25, 2005
—
Extra Space Properties Fifty One Ll
Susa Partnerhip LP
Deed
$1,500,000 · Wachovia Bank NA
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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