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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
113 High St Piqua, OH 45356-2307
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-1502412
Property summary
AI-generated overview
This exceptional 250-square-foot office space for lease is located at 113 E High Street, Piqua, OH 45356, at the intersection of High and Main Streets. The single-tenant office is part of the BUILD Piqua development and features large windows providing ample natural light, creating a productive and inspiring work environment. The space offers a customizable furniture package, allowing tenants to tailor the layout to their specific business needs. Tenants benefit from full access to all BUILD Piqua amenities, including multiple conference rooms and a shared kitchenette, enhancing collaboration and convenience. This premium office space represents a smart choice for businesses seeking a modern and well-equipped workspace within a vibrant business community. The property's APN is N44001040. While the lot size is not specified, this executive suite offers a complete and efficient workspace solution. Interested parties should inquire for further details.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Total area
8,698 SF
Lot
0.12 ac (5,062 SF)
APN
N44-001040
UPID
US66-1502412
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
-
MB Aesthetics Alternative Medicine Practice Spa & Massage Center
-
Brandi Lawson, Realtor Real Estate Agency
-
Julie Young Keller Williams Home Town Realty Real Estate Agency
-
Keller Williams Home Town Realty Piqua Real Estate Agency
-
Lawson Residential Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$950k
Owner & transaction history
113 High Piqua LLC · 1 yrs held
113 High Piqua LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+106.4%
Office building
$740,000
+86.1%
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 Piqua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Piqua 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%
$1,370,000
6.5%
$1,265,000
7%
$1,170,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$825,000
Change: +106% · Conversion: Easy
OFFICE BUILDING
$740,000
Change: +86% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $1.01M (Apr 29 2024)
Last sale anchor
$1.01M
Apr 29 2024
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
$109 / 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
$10,261
Tax year 2023
Assessed value
$164,890
Assessed 2023
Previous assessed
$164,890
+0.0% YoY
Effective rate
6.22%
On assessed value
Assessed land
$7,980
Assessed improvement
$156,910
Land market value
$22,800
Improvement market value
$448,300
Total market value
$471,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1928
Heating
YES
Cooling
YES
Stories
1
Total area
8,698 SF
Lot
0.12 ac (5,062 SF)
APN
N44-001040
UPID
US66-1502412
Jurisdiction
MIAMI
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)
Est. value
$825,000
OFFICE BUILDING
Est. value
$740,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1928
Heating
YES
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
113 High Piqua LLC
Entity
Free & Clear · 1 yrs held
Mailing address
113 E HIGH ST, PIQUA, OH 45356-2307
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
—
Chocolate Nation LLC
—
Deed
related
$201,000 · City Of Piqua An Ohio Municipal Corporat
Jul 29, 2024
$755,000
113 High Piqua LLC
Ksr Properties LLC
Warranty Deed
—
Jul 29, 2024
$1,010,000
Chocolate Nation LLC
113 High Piqua LLC
Warranty Deed
$808,000 · Park National Bank
Dec 12, 2022
—
Ksr Properties LLC
113 High Piqua LLC
Lease
—
Dec 12, 2022
$755,000
113 High Piqua LLC
Ksr Properties LLC
Land Contract
$200,000 · Not Available
Mar 29, 2022
—
Ksr Properties LLC
—
Deed
related
$555,000 · 113 E High St Personal Property Trust
Oct 21, 2021
$224,500
Ksr Properties LLC
Aaa Club Alliance INC
Warranty Deed
$239,600 · F Street Investments LLC
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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