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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1425 Villa Ct Middletown, OH 45044-3663

    • Garden apartment buildings
    • 4,160 SF
    • 0.37 lot acres
    OFF-MARKET
    Last Sale
    May 31, 2023
    $230,000
    Value Estimations
    $185,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-0228786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1425 Villa Ct

    Year built
    1976
    Lot size
    0.37 lot acres
    Property size
    4,160 SF
    Property type
    Garden apartment buildings
    APN
    Q6542-064.000-124
    APU
    Q6542064000124

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $200,000
      ML approach
      $195,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $132,000
      Market price range: $86.7k - $202k
      AI Estimate
      $188,000
      Market price range: $156k - $281k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $140,000
      Current use
      OFFICE BUILDING
      $245,000
      Change: +73% Conversion: Moderate
      WAREHOUSE, STORAGE
      $205,000
      Change: +45% Conversion: Difficult
      RETAIL STORES
      $200,000
      Change: +44% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $135,000
      Change: -4% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Butler
    State
    Ohio
    Longitude
    -84.3614
    Latitude
    39.4989
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,383
    $7,000
    $66,030
    $73,030
    -
    $20,000
    $188,670
    $208,670

    Comparable in this City

    • Value Estimation
      $195,000
      5,148 SF

      611 Concord Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,148 SF
      611 Concord Ave, Middletown, OH 45044-5532
      View Details
    • Value Estimation
      $1,100,000
      23,391 SF

      6800 Saint Andrews Cross

      GARDEN APT, COURT APT (5+ UNITS) • 23,391 SF
      6800 Saint Andrews Cross, Liberty Township, OH 45044-8380
      View Details
    • Value Estimation
      $195,000
      3,696 SF

      4125 Bonita Dr

      GARDEN APT, COURT APT (5+ UNITS) • 3,696 SF
      4125 Bonita Dr, Middletown, OH 45044-6651
      View Details
    • Value Estimation
      $140,000
      2,912 SF

      1707 Orch St

      GARDEN APT, COURT APT (5+ UNITS) • 2,912 SF
      1707 Orch St, Middletown, OH 45044-6441
      View Details
    • Value Estimation
      $140,000
      6,300 SF

      2901 Grand Ave

      GARDEN APT, COURT APT (5+ UNITS) • 6,300 SF
      2901 Grand Ave, Middletown, OH 45044-3714
      View Details
    • Value Estimation
      $160,000
      6,384 SF

      3301 Goldman Ave

      GARDEN APT, COURT APT (5+ UNITS) • 6,384 SF
      3301 Goldman Ave, Middletown, OH 45044-8444
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.00 Acres

      Union Ren Farms Land

      Prime Ohio Land: I-75 Access, Flexible Zoning
      0 Union Rd, Lebanon, OH 45044
      View Details
    • $85,000
      26.48 Acres

      Prime Middletown Industrial Land

      26.48 Acres, Heavy Industrial Zoning
      1404 Made Industrial Dr, Middletown, OH 45044
      View Details
    • $1,600,000
      38,000 SF

      Middletown Office Building For Sale

      Office building with 38,000 square feet of space.
      1131 Central Ave, Middletown, OH 45044
      View Details
    • $85,000
      26.48 Acres

      Prime Middletown Industrial Land

      26 Acres, Heavy Industrial Zoning
      1401 Made Industrial Dr, Middletown, OH 45044
      View Details
    • $12,375,000
      49.50 Acres

      Prime Liberty Township Land

      49.5 Acres, I-75 Exposure, O-1/O-2 Zoning
      7828 Bethany Rd, Liberty Township, OH 45044
      View Details
    • $3,895,000
      77.94 Acres

      0 Greentree Road

      Land • 77.94 Acres
      0 Greentree Rd, Middletown, OH 45044
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,002 SF

      Middletown Retail Center Opportunity

      Established center, 21,002 sq ft, 15 acres
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      View Details
    • Contact for pricing
      43,660 SF

      Liberty Falls Medical Plaza: Premier Office Space

      Class A medical office suites, 6 available
      6770 Cincinnati Dayton Rd, Liberty Township, OH 45044
      View Details
    • Contact for pricing
      2,405 SF

      Retail Space in Town Center

      Retail spaces available in high-traffic shopping center.
      1204 Main St, Hamilton, OH 45044
      View Details
    • $10 SF/Yr
      2,342 SF

      Middletown Retail Center Opportunity

      Established center, 2,342 sq ft available
      413 Breiel Blvd, Middletown, OH 45044
      View Details
    • Contact for pricing
      19,500 SF

      Liberty Retail Center - Freedom Pointe

      High-visibility retail space available in Liberty, OH
      0 Veterans Blvd, Liberty, OH 45044
      View Details
    • $12 SF/Yr
      23,500 SF

      Crossroads Market Retail Space

      Middletown, OH storefront space available.
      4421 Roosevelt Blvd, Middletown, OH 45044
      View Details
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    Middletown, OH 45044-3663
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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