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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Warehouses
1525 Dayton Lakeview Rd, New Carlisle, OH 45344-2302
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-5609012
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Construction
CONCRETE BLOCKS
Total area
10,027 SF
Lot
4.6 ac (200,376 SF)
Zoning code
B-4
APN
010-05-00032-000-091
UPID
US66-5609012
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
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$920k
Owner & transaction history
Sure Fire Investments Ltd · 18 yrs held
Sure Fire Investments Ltd
since 2008
3 recorded transactions
Zoning & alternative use
B-4 · New Carlisle, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+204.2%
Auto repair, garage
$865,000
+81.8%
Medical building
$865,000
+81.6%
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 New Carlisle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Carlisle 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,445,000
Change: +204% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: +82% · Conversion: Easy
MEDICAL BUILDING
$865,000
Change: +82% · Conversion: Difficult
OFFICE BUILDING
$795,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$670,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$610,000
Change: +29% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$575,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$92 / 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
$15,893
Tax year 2023
Assessed value
$245,700
Assessed 2023
Previous assessed
$245,700
+0.0% YoY
Effective rate
6.47%
On assessed value
Assessed land
$31,710
Assessed improvement
$213,990
Land market value
$90,610
Improvement market value
$611,390
Total market value
$702,000
Applied tax rate
10.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
3
Stories
1
Units
64
Total area
10,027 SF
Lot
4.6 ac (200,376 SF)
Zoning code
B-4
APN
010-05-00032-000-091
UPID
US66-5609012
Jurisdiction
CLARK
Zoning & alternative use
B-4 · New Carlisle, OH
Zoning B-4 · permitted uses
B-4 · New Carlisle, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Carlisle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$865,000
MEDICAL BUILDING
Est. value
$865,000
OFFICE BUILDING
Est. value
$795,000
RETAIL STORES
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$610,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$575,000
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
3
Units
64
Lot
4.6 ac
Current owner
From public records · entity-resolved
Sure Fire Investments Ltd
Entity
Free & Clear · 18 yrs held
Mailing address
9988 W UN RD, MEDWAY, OH 45341-9747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Mar 5, 2008
$175,000
Sure Fire Investments Ltd
Cassanos INC
Warranty Deed
—
Jun 10, 2002
—
Cassanos INC
Cassanos Investments INC
Quit Claim Deed
related
$2,240,000 · Fifth Third Bank Western Oh
—
—
Cassanos INC
—
Deed Of Trust
related
$150,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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