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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Industrial properties
1439 Lavelle Dr Xenia, OH 45385-5679
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1335340
Property summary
AI-generated overview
This exceptional industrial property at 1439 Lavelle Drive offers a substantial 114,000 square foot warehouse and distribution facility, with 60,000 square feet currently available for lease. The single-story building, constructed in 1980, sits on a generous 6.93-acre lot and is zoned I-2 for Heavy Industrial use. The space features a flexible layout, including approximately 3,000 square feet of office space. Ceiling heights range from 13 to 21 feet, providing ample vertical clearance for various industrial uses. Loading capabilities are robust, with eight dock-high doors and two drive-in doors strategically positioned for efficient operations. The property boasts 480/277-volt, 3-phase power, ensuring sufficient electrical capacity for demanding industrial applications. The property's location offers excellent access to major transportation routes (specific details not provided). This is an ideal opportunity for businesses seeking a large, well-equipped warehouse space in a prime industrial location. The property's APN is M40-0002-0022-0-0003-00, M40-0002-0022-0-0017-00. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Total area
34,660 SF
Lot
4 ac (174,240 SF)
APN
M40-0002-0022.0-0003.00
UPID
US66-1335340
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
-
Graphic Packaging International Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$575k
Owner & transaction history
Mrl Materials Resources LLC · 1 yrs held
Mrl Materials Resources LLC
since 2025
4 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 Xenia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Xenia 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
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$610,000
Current use
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$17 / 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
$19,434
Tax year 2023
Assessed value
$369,280
Assessed 2023
Previous assessed
$342,070
+8.0% YoY
Effective rate
5.26%
On assessed value
Assessed land
$30,940
Assessed improvement
$338,340
Land market value
$88,400
Improvement market value
$966,680
Total market value
$1,055,080
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Heating
NONE
Total area
34,660 SF
Lot
4 ac (174,240 SF)
APN
M40-0002-0022.0-0003.00
UPID
US66-1335340
Jurisdiction
GREENE
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
INDUSTRIAL (GENERAL) Current
Est. value
$610,000
INDUSTRIAL (GENERAL) Current
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
1980
Heating
NONE
Lot
4 ac
Current owner
From public records · entity-resolved
Mrl Materials Resources LLC
Entity
Mailing address
1439 LAVELLE DR, XENIA, OH 45385-5679
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Mrl Materials Resources LLC
Rd Lavelle LLC
Deed
—
Jan 3, 2025
$3,900,000
Rd Lavelle LLC
1439 Lavelle LLC
Special Warranty Deed
$2,535,000 · The Huntington National Bank
Jul 9, 2014
—
1439 Lavelle LLC
Yost,james T
Warranty Deed
—
—
—
James T Yost
—
Deed Of Trust
related
$615,000 · Fifth Third Bank Western Oh
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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