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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Office buildings
1301 Mattec Dr Loveland, OH 45140-7300
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-6179114
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
14,891 SF
Lot
3.48 ac (151,502 SF)
APN
621-0017-0002-00
UPID
US66-6179114
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
-
Premier Pain Treatment Institute Physician
-
Dr. Michael Danko Physician
-
Dr. Shruti Amin Physician
-
Beck Flavors Corporate Office
-
Lanaya Thompson, PA-C Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.16M
Owner & transaction history
111 Vandament LLC · 7 yrs held
111 Vandament LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+11.2%
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 Loveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loveland 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
OFFICE BUILDING
$1,590,000
Current use
MEDICAL BUILDING
$1,770,000
Change: +11% · Conversion: Easy
RETAIL STORES
$1,445,000
Change: -9% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,300,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$78 / 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
$27,530
Tax year 2023
Assessed value
$400,351
Assessed 2023
Previous assessed
$521,546
-23.2% YoY
Effective rate
6.88%
On assessed value
Assessed land
$107,884
Assessed improvement
$292,467
Land market value
$308,240
Improvement market value
$835,620
Total market value
$1,143,860
Applied tax rate
82.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Heating
YES
Stories
1
Rooms
6
Total area
14,891 SF
Lot
3.48 ac (151,502 SF)
APN
621-0017-0002-00
UPID
US66-6179114
Jurisdiction
HAMILTON
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
OFFICE BUILDING Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1987
Heating
YES
Stories
1
Rooms
6
Lot
3.48 ac
Current owner
From public records · entity-resolved
111 Vandament LLC
Entity
Mailing address
124 FOUNDERS DR, LOVELAND, OH 45140-8551
Ownership since
2019
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
Oct 29, 2021
—
111 Vandament LLC
—
Deed
related
$2,235,073 · Wesbanco Bank INC
May 16, 2019
$1,350,000
111 Vandament LLC
Mcclorey Realty LLC
Limited Warranty Deed
$1,080,000 · Wesbanco Bank INC
Jul 12, 2005
$1,850,000
Mcclorey Realty LLC
Cfs & S Ptshp
Grant Deed
$1,350,000 · Fifth Third Bank
Oct 2, 2001
$1,800,000
Cfs&s Partnership
Mattec Corp
Grant Deed
$1,450,000 · Franklin Savings & Loan
—
—
Mcclorey Realty LLC
—
Deed Of Trust
related
$825,000 · Central Bk
—
—
Mcclorey Realty LLC
—
Deed Of Trust
related
$600,000 · Central Bk
—
—
Mcclorey Realty LLC
—
Deed Of Trust
related
$80,000 · Central 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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