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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Retail properties & Spaces
1372 Main St Hamilton, OH 45013-1634
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-6055977
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1996
Total area
18,750 SF
Lot
3.4 ac (147,973 SF)
APN
P6600-134.000-025
UPID
US66-6055977
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
-
Tractor Supply Co. Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.11M
Owner & transaction history
Tsi 1374 Main LLC · 11 yrs held
Tsi 1374 Main LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+112.9%
Office building
$1.3M
+83.8%
Warehouse, storage
$925,000
+32.2%
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 Hamilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamilton 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%
$1,325,000
6.5%
$1,225,000
7%
$1,135,000
Alternative Use
Use
Estimation
RETAIL STORES
$700,000
Current use
COMMERCIAL (GENERAL)
$1,490,000
Change: +113% · Conversion: Easy
OFFICE BUILDING
$1,285,000
Change: +84% · Conversion: Easy
WAREHOUSE, STORAGE
$925,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$59 / 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
$19,490
Tax year 2023
Assessed value
$429,270
Assessed 2023
Previous assessed
$429,270
+0.0% YoY
Effective rate
4.54%
On assessed value
Assessed land
$196,850
Assessed improvement
$232,420
Land market value
$562,440
Improvement market value
$664,070
Total market value
$1,226,510
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1996
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
18,750 SF
Lot
3.4 ac (147,973 SF)
APN
P6600-134.000-025
UPID
US66-6055977
Jurisdiction
BUTLER
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
RETAIL STORES Current
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$925,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
3.4 ac
Current owner
From public records · entity-resolved
Tsi 1374 Main LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5401 VIRGINIA WAY, BRENTWOOD, TN 37027-7536
Ownership since
2015
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
May 5, 2021
—
Tsi 1374 Main LLC
—
Deed
related
$1,500,000 · Us Bank NA
Jul 29, 2015
—
Tsi 1374 Main LLC
Martin William D Trust
Quit Claim Deed
related
—
May 3, 2012
—
Tsi 1374 Main LLC
Rdj Property & Dev Ltd
Warranty Deed
related
—
Jul 26, 2011
—
Martin William D Trust
Martin,william D & Betty L
Quit Claim Deed
related
—
Aug 31, 2010
—
Rdj Property & Dev Ltd
Joseph Wendy M Trust
Warranty Deed
—
May 1, 2009
—
Joseph Wendy M Trust
Joseph,rickey D & Wendy M
Quit Claim Deed
related
—
May 11, 2005
$2,050,000
Rickey D Joseph
Roger S Corbly
Survivorship Deed
$1,640,000 · First Financial Bank NA
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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