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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Retail space
116 Lincoln Way, Lisbon, OH 44432-1102
Entity Owned
13-yr Hold
Free & Clear
Property ID
US66-0190303
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1803
Total area
6,428 SF
Lot
0.25 ac (10,799 SF)
APN
09-01294-000
UPID
US66-0190303
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
-
Wood stove & Chimney Cleaning Lisbon RZF (Bike/Boat/Book/etc) Store Building Supply
-
The Courthouse Inn & Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$705k
Owner & transaction history
Lisbon Karma LLC · 13 yrs held
Lisbon Karma LLC
since 2012
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$495,000
+44.6%
Medical building
$455,000
+32.9%
Office building
$450,000
+30.2%
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 Lisbon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lisbon 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%
$870,000
6.5%
$805,000
7%
$745,000
Alternative Use
Use
Estimation
RESTAURANT
$495,000
Change: +45% · Conversion: Easy
MEDICAL BUILDING
$455,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$110 / 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
$9,225
Tax year 2023
Assessed value
$215,950
Assessed 2023
Previous assessed
$215,950
+0.0% YoY
Effective rate
4.27%
On assessed value
Assessed land
$12,110
Assessed improvement
$203,840
Land market value
$34,600
Improvement market value
$582,400
Total market value
$617,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1803
Heating
YES
Stories
3
Bathrooms
1
Total area
6,428 SF
Lot
0.25 ac (10,799 SF)
APN
09-01294-000
UPID
US66-0190303
Jurisdiction
COLUMBIANA
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
RESTAURANT
Est. value
$495,000
MEDICAL BUILDING
Est. value
$455,000
OFFICE BUILDING
Est. value
$450,000
RESTAURANT
MEDICAL BUILDING
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
1803
Heating
YES
Stories
3
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Lisbon Karma LLC
Entity
Free & Clear · 13 yrs held
Mailing address
337 W 84TH ST, NEW YORK, NY 10024-4227
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2012
—
Lisbon Karma LLC
Stevie Halverstadt
Warranty Deed
—
Nov 8, 2005
$82,000
Historic Lisbon Corp LLC
Don Rudibaugh
Warranty Deed
—
Aug 9, 2005
—
Don Rudibaugh
Adam L Newbold
Quit Claim Deed
related
—
May 16, 2005
$107,000
Adam L Newbold
Don Rudibaugh
Warranty 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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