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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail residential properties
126 Mulberry St Lebanon, OH 45036-2278
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-1878414
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1887
Construction
BRICK
Total area
3,805 SF
Lot
0.18 ac (7,945 SF)
APN
12-06-486-018-0
UPID
US66-1878414
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
$740k
Comparable Approach
Comparable
$779k
Blend (final)
Blend
$750k
Owner & transaction history
Duning Real Estate LLC · 2 yrs held
Duning Real Estate LLC
since 2023
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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%
$800,000
6.5%
$740,000
7%
$685,000
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$197 / 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
$9,647
Tax year 2023
Assessed value
$186,004
Assessed 2023
Previous assessed
$186,004
+0.0% YoY
Effective rate
5.19%
On assessed value
Assessed land
$13,104
Assessed improvement
$172,900
Land market value
$37,440
Improvement market value
$494,000
Total market value
$531,440
Applied tax rate
61.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1887
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
3,805 SF
Lot
0.18 ac (7,945 SF)
APN
12-06-486-018-0
UPID
US66-1878414
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1887
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Duning Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
130 E MULBERRY ST, LEBANON, OH 45036-2206
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2023
—
Duning Real Estate LLC
Jane A Duning
Intrafamily Transfer
related
—
Jan 11, 2018
—
William Dunning
—
Loan Modification
related
$1,500,000 · Foundation Bk
—
—
Duning J W
—
Deed Of Trust
related
$985,541 · Fifth Third Bank
—
—
Jane A Duning
—
Deed Of Trust
related
$1,000,000 · Foundation Bank
—
—
Jane A Duning
—
Deed Of Trust
related
$100,000 · Foundation Bank
—
—
Jane A Duning
—
Deed Of Trust
related
$75,000 · Fifth Third Mortgage Co
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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