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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Warehouses
1480 Industrial Park Dr Mount Vernon, OH 43050-4780
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-4326127
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
11,017 SF
Lot
2.67 ac (116,262 SF)
APN
66-09210.005
UPID
US66-4326127
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
$620k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$750k
Owner & transaction history
Lev 8 Mt Vernon LLC · 3 yrs held
Lev 8 Mt Vernon LLC
since 2022
Last sale
$750,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+136.3%
Commercial (general)
$1.0M
+107.3%
Restaurant
$990,000
+97.9%
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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
$655,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$500,000
Current use
OFFICE BUILDING
$1,180,000
Change: +136% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,035,000
Change: +107% · Conversion: Difficult
RESTAURANT
$990,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$895,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$880,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$815,000
Change: +63% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Aug 4 2022)
Last sale anchor
$750k
Aug 4 2022
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
$68 / 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
$10,597
Tax year 2023
Assessed value
$204,730
Assessed 2023
Previous assessed
$204,730
+0.0% YoY
Effective rate
5.18%
On assessed value
Assessed land
$30,830
Assessed improvement
$173,900
Land market value
$88,080
Improvement market value
$496,850
Total market value
$584,930
Applied tax rate
66.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
NONE
Bathrooms
1
Total area
11,017 SF
Lot
2.67 ac (116,262 SF)
APN
66-09210.005
UPID
US66-4326127
Jurisdiction
KNOX
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
$500,000
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$990,000
MEDICAL BUILDING
Est. value
$895,000
RETAIL STORES
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$815,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1996
Heating
NONE
Bathrooms
1
Lot
2.67 ac
Current owner
From public records · entity-resolved
Lev 8 Mt Vernon LLC
Entity
Mailing address
9715 WOODS DR UNIT #1711, SKOKIE, IL 60077-4448
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$750,000
Lev 8 Mt Vernon LLC
Woessner Real Estate LLC
Warranty Deed
$562,500 · Wheaton B&t Co NA
Jan 6, 2012
—
Woessner Real Estate LLC
Woessner INC
Quit Claim Deed
related
—
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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