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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
1701 Delco Park Dr 1707 Dayton, OH 45420-1398
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1857803
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
6,626 SF
Lot
1.16 ac (50,530 SF)
APN
N64 01217 0012
UPID
US66-1857803
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
-
Bridgestream Property Management Property Management Company
-
Heritage Hill Realty & Property Management Property Management Company
-
Bridgestream Realty Real Estate Agency
-
Lyons and Reynolds Team, Realtors with Glasshouse Realty Group Real Estate Agency
-
Heritage Hill Realty Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$585k
Owner & transaction history
Brower Mefferd Holdings LLC · 1 yrs held
Brower Mefferd Holdings LLC
since 2025
Last sale
$580,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$660,000
+50.9%
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$415,000
ML approach
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$435,000
Current use
APARTMENT HOUSE (5+ UNITS)
$660,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$415,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$400,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $580k (Dec 21 2021)
Last sale anchor
$580k
Dec 21 2021
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
$88 / 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
$20,124
Tax year 2023
Assessed value
$203,000
Assessed 2023
Previous assessed
$203,000
+0.0% YoY
Effective rate
9.91%
On assessed value
Assessed land
$31,690
Assessed improvement
$171,310
Land market value
$90,530
Improvement market value
$489,470
Total market value
$580,000
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
Year built
1999
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
6,626 SF
Lot
1.16 ac (50,530 SF)
APN
N64 01217 0012
UPID
US66-1857803
Jurisdiction
MONTGOMERY
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
$435,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$415,000
RETAIL STORES
Est. value
$400,000
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
Year built
1999
Heating
YES
Cooling
Yes
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Brower Mefferd Holdings LLC
Entity
Mailing address
1701 DELCO PARK DR, DAYTON, OH 45420-1398
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
S&g Real Estate Ventures LLC
—
Deed
related
$725,000 · Bank Of America NA
Apr 22, 2025
—
Brower Mefferd Holdings LLC
Delco Properties LLC
Quitclaim Deed
related
$1,645,000 · Live Oak Banking Company
Dec 21, 2021
$580,000
Brower Mefferd Holdings LLC
Thomas D Griffith
Warranty Deed
$512,000 · General Electric Cu
Sep 23, 2016
—
Thomas D Griffith
—
Deed
related
$483,500 · First Fin'l Bk&tr
May 12, 2011
—
Thomas D Griffith
Griffith,debra J
Quit Claim Deed
related
—
Apr 9, 2009
$230,000
Delco Properties LLC
Mark Fornes Realty INC
Grant Deed
$184,000 · Huntington National Bank
May 3, 2007
—
Bruce Osborn
Smith,david
Quit Claim Deed
related
—
Jul 9, 1999
$83,000
David B Smith
Woodman Center Associates Ltd
Grant Deed
—
—
—
Delco Properties LLC
—
Deed Of Trust
related
$270,000 · Union Fsb
—
—
Thomas D Griffith
—
Deed Of Trust
related
$124,911 · Huntington Nat'l Bk
—
—
David B Smith
—
Deed Of Trust
related
$400,000 · Fifth Third Bank Western Oh
—
—
Thomas D Griffith
—
Loan Modification
related
$483,500 · First Fin'l Bk&tr
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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