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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Warehouses
11600 Dixie Dr Tipp City, OH 45371-9105
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-3808954
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2013
Total area
7,200 SF
Lot
12.97 ac (565,147 SF)
APN
A01 00202 0117
UPID
US66-3808954
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$485k
Blend (final)
Blend
$550k
Owner & transaction history
Route 25 Self Storage LLC · 8 yrs held
Route 25 Self Storage LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$465,000
+75.5%
Office building
$440,000
+66.0%
Retail stores
$435,000
+64.2%
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 Tipp City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tipp City 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$465,000
Change: +76% · Conversion: Easy
OFFICE BUILDING
$440,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$435,000
Change: +64% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$380,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$330,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$76 / 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
Assessed value
$468,890
Assessed 2023
Previous assessed
$468,890
+0.0% YoY
Assessed land
$59,960
Assessed improvement
$408,930
Land market value
$171,310
Improvement market value
$1,168,380
Total market value
$1,339,690
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
2013
Heating
NONE
Cooling
NONE
Buildings
7
Stories
1
Total area
7,200 SF
Lot
12.97 ac (565,147 SF)
APN
A01 00202 0117
UPID
US66-3808954
Jurisdiction
MONTGOMERY
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
AUTO REPAIR, GARAGE
Est. value
$465,000
OFFICE BUILDING
Est. value
$440,000
RETAIL STORES
Est. value
$435,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$380,000
COMMERCIAL (GENERAL)
Est. value
$330,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2013
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Lot
12.97 ac
Current owner
From public records · entity-resolved
Route 25 Self Storage LLC
Entity
Mailing address
11600 N DIXIE DR, TIPP CITY, OH 45371-9105
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
—
Route 25 Self Storage LLC
—
Deed
related
$2,400,000 · Greenville Federal
Jun 26, 2018
—
Route 25 Self Storage LLC
Brusman Harold H Trust
Quit Claim Deed
related
$1,000,000 · Greenville Fed'l
Oct 7, 2016
—
Route 25 Self Storage LLC
Route 25 Self Storage LLC
Quit Claim Deed
related
—
Dec 26, 2013
—
Route 25 Self Storage LLC
Mosier,dale A & Susanne K
Quit Claim Deed
related
$250,000 · Monroe Federal S & L Assn
May 18, 2011
$75,000
Dale A Mosier
Harold LLC
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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