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Property profile & analytics
OFF-MARKET
Warehouses
16 Markey St, Bellville, OH 44813-1023
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1627230
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1900
Construction
FRAME
Total area
7,947 SF
Lot
0.2 ac (8,712 SF)
APN
015-35-102-11-000
UPID
US66-1627230
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nxt Level LLC · 1 yrs held
Nxt Level LLC
since 2024
Last sale
$75,000
7 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 Bellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$882
Tax year 2023
Assessed value
$13,960
Assessed 2023
Previous assessed
$13,960
+0.0% YoY
Effective rate
6.32%
On assessed value
Assessed land
$6,710
Assessed improvement
$7,250
Land market value
$19,170
Improvement market value
$20,700
Total market value
$39,870
Applied tax rate
1,535.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
7,947 SF
Lot
0.2 ac (8,712 SF)
APN
015-35-102-11-000
UPID
US66-1627230
Jurisdiction
RICHLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Nxt Level LLC
Entity
Mailing address
59 SIMMONS ST, BUTLER, OH 44822-9775
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
$75,000
Nxt Level LLC
Deanna M Ridgeway
Limited Warranty Deed
—
Oct 11, 2023
—
Ricky Lynn Ridgeway
Deanna M Ridgeway
Transfer On Death Deed
related
—
Sep 19, 2022
—
Deanna M Rideway
Deanna M Ridgeway
Affidavit Of Death Of Joint Tenant
—
Mar 21, 2022
$50,000
Randall H Ridgeway
Linda D Tedrow
Warranty Deed
—
Apr 20, 2011
$50,000
John L Tedrow
Jerry D Smart
Warranty Deed
—
Apr 20, 2011
—
John L Tedrow
Larry D Hamilton
Quit Claim Deed
related
—
Feb 25, 2005
—
Jerry D Smart
Jerry D Smart
Transfer On Death 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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