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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Showrooms
1600 Irma Ave Hamilton, OH 45011-4419
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1511250
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1967
Total area
34,910 SF
Lot
0.1 ac (4,480 SF)
APN
P6441-049.000-017
UPID
US66-1511250
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
-
Performance Engineering Auto Repair Shop
-
Atomic Specialties Inc Factory Production Facility
-
BH Detail Car Wash
-
All In Racing Engines Auto Repair Shop
-
Raji Pallet Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
The New Performance Engineering LLC · 4 yrs held
The New Performance Engineering LLC
since 2022
Last sale
$490,000
5 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 Hamilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamilton 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
$465,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $490k (Mar 24 2022)
Last sale anchor
$490k
Mar 24 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
$14 / 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
$7,461
Tax year 2023
Assessed value
$138,270
Assessed 2023
Previous assessed
$111,360
+24.2% YoY
Effective rate
5.40%
On assessed value
Assessed land
$2,510
Assessed improvement
$135,760
Land market value
$7,170
Improvement market value
$387,880
Total market value
$395,050
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1967
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
34,910 SF
Lot
0.1 ac (4,480 SF)
APN
P6441-049.000-017
UPID
US66-1511250
Jurisdiction
BUTLER
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
1967
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
The New Performance Engineering LLC
Entity
Mailing address
1600 IRMA AVE, HAMILTON, OH 45011-4419
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
$490,000
The New Performance Engineering LLC
Daniel D Keith
Warranty Deed
$392,000 · Somerville Bank
Feb 24, 2017
$395,000
Daniel D Keith
Clayton M Weaver
Warranty Deed
$296,250 · Us Bank NA
Dec 10, 2014
—
Clayton M Weaver
Clayton Weaver Trucking INC
Quit Claim Deed
related
—
Aug 31, 2011
$350,000
Radcc LLC
USA Tire Realty Ptshp
Dual Purpose Document
$340,000 · USA Tire Realty Ptshp
—
—
Clayton Weaver Trucking INC
—
Deed Of Trust
related
$300,000 · First Financial Bank NA
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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