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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Strip malls
121 Damascus Rd Marysville, OH 43040-9618
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1182347
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Construction
BRICK
Total area
14,593 SF
Lot
1 ac (43,560 SF)
APN
29-0019010.1060
UPID
US66-1182347
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
-
Stokes Agency Counseling Services Family Counselor
-
Neaton Marysville satellite office Corporate Office
-
Accident Injury Attorneys Navarro Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$469k
Blend (final)
Blend
$710k
Owner & transaction history
Mcdonalds Real Estate Company · 3 yrs held
Mcdonalds Real Estate Company
since 2023
Last sale
$675,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+146.1%
Retail stores
$1.1M
+139.7%
Medical building
$1.0M
+127.1%
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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$950,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$440,000
Current use
AUTO REPAIR, GARAGE
$1,080,000
Change: +146% · Conversion: Difficult
RETAIL STORES
$1,055,000
Change: +140% · Conversion: Easy
MEDICAL BUILDING
$1,000,000
Change: +127% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $675k (Feb 24 2023)
Last sale anchor
$675k
Feb 24 2023
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
$49 / 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
$17,960
Tax year 2023
Assessed value
$241,450
Assessed 2023
Previous assessed
$241,450
+0.0% YoY
Effective rate
7.44%
On assessed value
Assessed land
$70,000
Assessed improvement
$171,450
Land market value
$200,000
Improvement market value
$489,870
Total market value
$689,870
Applied tax rate
29.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
14,593 SF
Lot
1 ac (43,560 SF)
APN
29-0019010.1060
UPID
US66-1182347
Jurisdiction
UNION
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
1996
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Mcdonalds Real Estate Company
Entity
Mailing address
137 DAMASCUS RD, MARYSVILLE, OH 43040-9618
Ownership since
2023
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
Feb 24, 2023
$675,000
Mcdonalds Real Estate Company
Connolly Construction Co
Limited Warranty Deed
—
Dec 3, 2020
$1,595,000
Monarch Plaza LLC
Lutz Plaza Ltd
Warranty Deed
$1,435,400 · The State Bank & Trust Co
Jun 24, 2016
—
Lutz Plaza Ltd
—
Trustees Deed
related
$245,000 · Liberty Nat'l Bk
Dec 5, 2005
—
Lutz Plaza Ltd
—
Trustees Deed
related
$194,896 · Peoples Bk&tr Co/madison Cnty
—
—
Lutz Plaza Ltd
—
Deed Of Trust
related
$80,000 · Liberty Nat'l Bk
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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