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Property profile & analytics
OFF-MARKET
Office buildings
188 Hebble Ave, Fairborn, OH 45324-4960
Entity Owned
Free & Clear
Property ID
US66-5775569
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1980
Total area
8,948 SF
Lot
1 ac (43,560 SF)
Zoning code
B-3
APN
A02-0001-0003.0-0137.00
UPID
US66-5775569
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
-
Heck Lowell B DDS Dental Office
-
Path Behavioral Healthcare Crisis Center Medical Clinic
-
Moneywise Inc Insurance Agency
-
Heck Martha Dental Office
-
Clark Susan Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Fairborn
City Of Fairborn
since 2026
Last sale
$1,132
4 recorded transactions
Zoning & alternative use
B-3 · Fairborn, OH
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 Fairborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairborn 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,832
Tax year 2023
Assessed value
$134,300
Assessed 2023
Previous assessed
$147,700
-9.1% YoY
Effective rate
5.83%
On assessed value
Assessed land
$45,740
Assessed improvement
$88,560
Land market value
$130,680
Improvement market value
$253,040
Total market value
$383,720
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1980
Heating
NONE
Total area
8,948 SF
Lot
1 ac (43,560 SF)
Zoning code
B-3
APN
A02-0001-0003.0-0137.00
UPID
US66-5775569
Jurisdiction
GREENE
Zoning & alternative use
B-3 · Fairborn, OH
Zoning B-3 · permitted uses
B-3 · Fairborn, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairborn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
City Of Fairborn
Entity
Free & Clear · 0 yrs held
Mailing address
1321 UPLAND DR, HOUSTON, TX 77043-4718
Ownership since
2026
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
Jan 16, 2026
$1,132
City Of Fairborn
Padma Real Estate LLC
Warranty Deed
—
Nov 16, 2022
$375,000
Padma Real Estate LLC
Irl Partnership LLC
Warranty Deed
$319,000 · The Huntington National Bank
Dec 26, 2007
—
I R L Partnership LLC
I R L
Quit Claim Deed
related
$150,000 · Us Bank NA
—
—
I R L Partnership
—
Deed Of Trust
related
$140,000 · Firstar 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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