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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Office buildings
1390 4th Ave Sidney, OH 45365-9093
Individually Owned
~
Est. High Equity
Property ID
US66-2919964
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
8,100 SF
Lot
1.95 ac (85,073 SF)
APN
01-1826227.003
UPID
US66-2919964
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
-
Affordable Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$580k
Owner & transaction history
Commerce Sg Ltd
Commerce Sg Ltd
since 2025
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$655,000
+16.5%
Commercial (general)
$605,000
+8.1%
Auto repair, garage
$595,000
+6.3%
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 Sidney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sidney 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
$560,000
Current use
RESTAURANT
$655,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$605,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$595,000
Change: +6% · Conversion: Easy
RETAIL STORES
$550,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $600k (Jul 1 2025)
Last sale anchor
$600k
Jul 1 2025
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
$72 / 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
$4,465
Tax year 2023
Assessed value
$99,040
Assessed 2023
Previous assessed
$99,040
+0.0% YoY
Effective rate
4.51%
On assessed value
Assessed land
$19,170
Assessed improvement
$79,870
Land market value
$54,770
Improvement market value
$228,200
Total market value
$282,970
Applied tax rate
1.0000
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
1979
Heating
CENTRAL
Stories
1
Bathrooms
1
Total area
8,100 SF
Lot
1.95 ac (85,073 SF)
APN
01-1826227.003
UPID
US66-2919964
Jurisdiction
SHELBY
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
$560,000
RESTAURANT
Est. value
$655,000
COMMERCIAL (GENERAL)
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$595,000
MEDICAL BUILDING
Est. value
$595,000
RETAIL STORES
Est. value
$550,000
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1979
Heating
CENTRAL
Stories
1
Bathrooms
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Commerce Sg Ltd
Individual
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$600,000
Commerce Sg Ltd
Dlyte LLC
Warranty Deed
$300,000 · Minster Bank
May 1, 2024
—
Linda K Temple
Dlyte LLC
Transfer On Death Deed
—
Aug 29, 2012
$165,000
Dlyte LLC
Mt Investors Ltd
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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