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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Parking lots & garages
1540 Harmony Dr, Tipp City, OH 45371-3320
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-3185483
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2016
Total area
5,600 SF
Lot
1.14 ac (49,746 SF)
APN
G15-022686
UPID
US66-3185483
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
$624k
Blend (final)
Blend
$700k
Owner & transaction history
Muss Ventures LLC · 12 yrs held
Muss Ventures LLC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$480,000
+10.7%
Commercial (general)
$470,000
+9.3%
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 Tipp City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tipp City 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
PARKING LOT
$430,000
Current use
OFFICE BUILDING
$480,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$470,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$125 / 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
$9,918
Tax year 2023
Assessed value
$188,930
Assessed 2023
Previous assessed
$188,930
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$28,840
Assessed improvement
$160,090
Land market value
$82,400
Improvement market value
$457,400
Total market value
$539,800
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2016
Heating
SPACE
Buildings
2
Stories
1
Total area
5,600 SF
Lot
1.14 ac (49,746 SF)
APN
G15-022686
UPID
US66-3185483
Jurisdiction
MIAMI
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
PARKING LOT Current
Est. value
$430,000
OFFICE BUILDING
Est. value
$480,000
COMMERCIAL (GENERAL)
Est. value
$470,000
PARKING LOT Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2016
Heating
SPACE
Stories
1
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Muss Ventures LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1540 HARMONY DR, TIPP CITY, OH 45371-3320
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2019
—
Muss Ventures LLC
—
Deed
related
$254,000 · New Carlisle Fsb
Sep 8, 2016
—
Muss Ventures LLC
—
Deed
related
$280,593 · Private Individual
Dec 31, 2013
$75,000
Muss Ventures LLC
S & T Ventures
Warranty Deed
—
Mar 11, 2013
$80,000
Wod LLC
S & T Ventures
Warranty Deed
$330,000 · Greenville Fed'l Savings&loan
Nov 2, 2004
$140,000
S Ventures
Smith,don Scot
Grant Deed
$90,000 · Seller
—
—
Muss Ventures LLC
—
Deed Of Trust
related
$254,000 · New Carlisle Fsb
—
—
Muss Ventures LLC
—
Deed Of Trust
related
$280,593 · New Carlisle Fsb
—
—
Muss Ventures LLC
—
Deed Of Trust
related
$196,415 · New Carlisle Fsb
—
—
Muss Ventures LLC
—
Deed Of Trust
related
$280,593 · Private Individual
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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