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Property profile & analytics
OFF-MARKET
Estimated value
$13,175,000
Warehouses
13900 State Rte 287 East Liberty, OH 43319-9466
Entity Owned
14-yr Hold
Free & Clear
Property ID
US66-4954317
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
200,000 SF
Lot
82.46 ac (3,591,870 SF)
APN
53-141-00-00-008-000
UPID
US66-4954317
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
$15.36M
Comparable Approach
Comparable
$11.00M
Blend (final)
Blend
$13.18M
Owner & transaction history
Nex Transport INC · 14 yrs held
Nex Transport INC
since 2011
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$20.2M
+70.2%
Retail stores
$19.2M
+61.4%
Apartment house (5+ units)
$18.3M
+54.2%
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 East Liberty submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Liberty 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%
$16,630,000
6.5%
$15,355,000
7%
$14,255,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,895,000
Current use
RESTAURANT
$20,240,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$19,195,000
Change: +61% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$18,340,000
Change: +54% · Conversion: Difficult
MEDICAL BUILDING
$17,260,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$9,830,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$13.18M
Range $11.86M – $14.49M · ±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
$66 / 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
$109,433
Tax year 2023
Assessed value
$4,114,120
Assessed 2023
Previous assessed
$3,918,210
+5.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$279,350
Assessed improvement
$3,834,770
Land market value
$798,150
Improvement market value
$10,956,490
Total market value
$11,754,640
Applied tax rate
53.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Total area
200,000 SF
Lot
82.46 ac (3,591,870 SF)
APN
53-141-00-00-008-000
UPID
US66-4954317
Jurisdiction
LOGAN
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
WAREHOUSE, STORAGE Current
Est. value
$11.9M
RESTAURANT
Est. value
$20.2M
RETAIL STORES
Est. value
$19.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.3M
MEDICAL BUILDING
Est. value
$17.3M
OFFICE BUILDING
Est. value
$9.8M
WAREHOUSE, STORAGE Current
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE 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
1989
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
82.46 ac
Current owner
From public records · entity-resolved
Nex Transport INC
Entity
Free & Clear · 14 yrs held
Mailing address
13900 STATE RTE 287, EAST LIBERTY, OH 43319-9466
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2011
—
Nex Transport INC
Nippon Express USA INC
Limited 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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