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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Manufacturing properties
1651 County Line Rd Urbana, OH 43078-9107
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1707201
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
METAL FRAME
Total area
27,820 SF
Lot
2 ac (87,120 SF)
Zoning code
M-2
APN
050-02-00005-000-037
UPID
US66-1707201
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
$1.44M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Sellman Enterprises Clr LLC · 4 yrs held
Sellman Enterprises Clr LLC
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
M-2 · Urbana, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+164.1%
Medical building
$2.4M
+163.8%
Retail stores
$1.7M
+87.3%
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 Urbana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Urbana 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
$1,385,000
ML approach
$1,440,000
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$910,000
Current use
AUTO REPAIR, GARAGE
$2,400,000
Change: +164% · Conversion: Easy
MEDICAL BUILDING
$2,395,000
Change: +164% · Conversion: Difficult
RETAIL STORES
$1,700,000
Change: +87% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,695,000
Change: +87% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,600,000
Change: +76% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.58M (Jan 28 2022)
Last sale anchor
$1.58M
Jan 28 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
$54 / 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
$9,886
Tax year 2023
Assessed value
$162,120
Assessed 2023
Previous assessed
$162,120
+0.0% YoY
Effective rate
6.10%
On assessed value
Assessed land
$13,020
Assessed improvement
$149,100
Land market value
$37,200
Improvement market value
$425,990
Total market value
$463,190
Applied tax rate
50.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
27,820 SF
Lot
2 ac (87,120 SF)
Zoning code
M-2
APN
050-02-00005-000-037
UPID
US66-1707201
Jurisdiction
CLARK
Zoning & alternative use
M-2 · Urbana, OHZoning M-2 · permitted uses
M-2 · Urbana, OH
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
INDUSTRIAL (GENERAL) Current
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL 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
METAL FRAME
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Sellman Enterprises Clr LLC
Entity
Mailing address
38 MONUMENT SQ, URBANA, OH 43078-2059
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
$1,580,000
Sellman Enterprises Clr LLC
R & C Buckeye 1701 LLC
Warranty Deed
$500,000 · The Farmers & Merchants State Bank
Dec 10, 2019
—
R & C Buckeye 1651 LLC
Randall B Green
Quit Claim Deed
—
Sep 23, 2019
—
Randall B Green
Green L & A F/tr
Quit Claim Deed
related
—
Sep 11, 2019
—
Green L & A Fam Dynasty Trust
Green,lawrence R
Affidavit Of Death
related
—
Sep 28, 2016
—
Green,lawrence & Arretta Trust
Green,lawrence R
Quit Claim Deed
related
—
Nov 26, 2007
—
Lawrence R Green
Hoppes Green Enterprises
Warranty Deed
$600,000 · Home City Fsb
—
—
Hoppes-green Ents
—
Deed Of Trust
related
$125,000 · Home City Fsb
—
—
Hoppes Green Enterprises
—
Deed Of Trust
related
$518,000 · Home City Fsb
—
—
Hoppes-green Enterprises
—
Deed Of Trust
related
$200,000 · Home City Fsb
—
—
Hoppes-green Enterprises
—
Deed Of Trust
related
$100,216 · Home City Fsb
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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