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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Theaters & concert halls
1409 4th Ave Sidney, OH 45365-7028
Entity Owned
Free & Clear
Property ID
US66-3028370
Property profile
Verified
Property type
Theaters & concert halls
Use group
DRIVE-IN THEATER
Construction
BRICK
Total area
2,275 SF
Lot
10 ac (435,600 SF)
APN
01-1826205.003
UPID
US66-3028370
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
-
Auto Vue Drive-In Theatre Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
1409 4th Avenue Holdings LLC
1409 4th Avenue Holdings LLC
since 2025
Last sale
$939,500
3 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$413 / 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
$4,263
Tax year 2023
Assessed value
$91,090
Assessed 2023
Previous assessed
$50,880
+79.0% YoY
Effective rate
4.68%
On assessed value
Assessed land
$87,760
Assessed improvement
$3,330
Land market value
$250,750
Improvement market value
$9,500
Total market value
$260,250
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
Theaters & concert halls
Use group
DRIVE-IN THEATER
Status
Off-Market
Construction
BRICK
Heating
CENTRAL
Stories
1
Bathrooms
1
Total area
2,275 SF
Lot
10 ac (435,600 SF)
APN
01-1826205.003
UPID
US66-3028370
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
Building & site characteristics
From public records
Construction
BRICK
Heating
CENTRAL
Stories
1
Bathrooms
1
Lot
10 ac
Current owner
From public records · entity-resolved
1409 4th Avenue Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
608 WESTOVER DR, SIDNEY, OH 45365-1958
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
Dec 16, 2025
—
1409 4th Avenue Holdings LLC
David E Rees
Deed
related
—
Oct 17, 2025
$939,500
1409 Fourth Avenue Holdings LLC
David E Rees
Warranty Deed
—
Jan 16, 2018
$37,500
David E Rees
S D Enterprises
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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