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Property profile & analytics
OFF-MARKET
Estimated value
$18,350,000
Warehouses
1770 Worldwide Blvd Hebron, KY 41048-8641
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US34-0600359
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Total area
203,033 SF
Lot
15.62 ac (680,494 SF)
APN
035.00-10-012.01
UPID
US34-0600359
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
$18.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.04M
Blend (final)
Blend
$18.35M
Owner & transaction history
Exeter 1770 Worldwide LLC · 2 yrs held
Exeter 1770 Worldwide LLC
since 2024
Last sale
$18.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$26.9M
+5.6%
Retail stores
$25.9M
+1.6%
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 Hebron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hebron 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
$18,350,000
ML approach
$18,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$25,505,000
Current use
OFFICE BUILDING
$26,920,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$25,915,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$18.35M
Range $16.52M – $20.19M · ±10% · vs last sale $18.35M (Jun 5 2024)
Last sale anchor
$18.35M
Jun 5 2024
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
$90 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$104,075
Tax year 2024
Assessed value
$10,000,000
Assessed 2024
Previous assessed
$9,130,000
+9.5% YoY
Effective rate
1.04%
On assessed value
Assessed land
$1,440,000
Assessed improvement
$8,560,000
Land market value
$1,440,000
Improvement market value
$8,560,000
Total market value
$10,000,000
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Total area
203,033 SF
Lot
15.62 ac (680,494 SF)
APN
035.00-10-012.01
UPID
US34-0600359
Jurisdiction
BOONE
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
WAREHOUSE, STORAGE Current
Est. value
$25.5M
OFFICE BUILDING
Est. value
$26.9M
RETAIL STORES
Est. value
$25.9M
WAREHOUSE, STORAGE Current
OFFICE 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
Year built
2004
Heating
NONE
Stories
1
Lot
15.62 ac
Current owner
From public records · entity-resolved
Exeter 1770 Worldwide LLC
Entity
Free & Clear · 2 yrs held
Mailing address
100 EATSONFORD RD #250, RADNOR, PA 19087
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
Exeter 1770 Worldwide LLC
—
Deed
related
$638,000,000 · Jpmorgan Chase Bank NA
Jun 5, 2024
$18,350,000
Exeter 1770 Worldwide LLC
I&g Direct Real Estate 33d LP
Special Warranty Deed
—
May 12, 2021
$176,000
Transportation Cabinet
I&g Direct Real Estate 33d LP
Deed
—
Jan 29, 2014
$8,500,000
I&g Direct Real Estate 33d LP
Trt Dct Park West Q LLC
Special Warranty Deed
—
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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