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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
1611 Wapakoneta Ave Sidney, OH 45365-1433
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-3014943
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
5,064 SF
Lot
1.22 ac (53,143 SF)
APN
01-1824377.021
UPID
US66-3014943
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
-
Low Voltage Solutions Inc Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$535k
Owner & transaction history
Sdh Properties LLC · 9 yrs held
Sdh Properties LLC
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$410,000
+16.5%
Commercial (general)
$380,000
+8.1%
Auto repair, garage
$375,000
+6.3%
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 Sidney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sidney 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
OFFICE BUILDING
$350,000
Current use
RESTAURANT
$410,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$380,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$375,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$375,000
Change: +6% · Conversion: Easy
RETAIL STORES
$345,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$106 / 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
$4,615
Tax year 2023
Assessed value
$103,220
Assessed 2023
Previous assessed
$70,670
+46.1% YoY
Effective rate
4.47%
On assessed value
Assessed land
$29,140
Assessed improvement
$74,080
Land market value
$83,250
Improvement market value
$211,660
Total market value
$294,910
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
CENTRAL
Stories
1
Bathrooms
1
Total area
5,064 SF
Lot
1.22 ac (53,143 SF)
APN
01-1824377.021
UPID
US66-3014943
Jurisdiction
SHELBY
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
OFFICE BUILDING Current
Est. value
$350,000
RESTAURANT
Est. value
$410,000
COMMERCIAL (GENERAL)
Est. value
$380,000
AUTO REPAIR, GARAGE
Est. value
$375,000
MEDICAL BUILDING
Est. value
$375,000
RETAIL STORES
Est. value
$345,000
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
Heating
CENTRAL
Stories
1
Bathrooms
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Sdh Properties LLC
Entity
Mailing address
1060 WINDMILL CT, TROY, OH 45373-1189
Ownership since
2016
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
Aug 31, 2022
—
Sdh Properties LLC
—
Deed
related
$60,656 · Minster Bank
Mar 14, 2017
—
Sdh Properties LLC
—
Deed
related
$100,000 · Minster Bank
Nov 7, 2016
$205,000
Sdh Properties LLC
M & B Leasing Ltd
Warranty Deed
$164,000 · Minster Bank
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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