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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Apartment buildings
193 Funderburg Rd 219, Fairborn, OH 45324-2874
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-1728150
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Total area
8,379 SF
Zoning code
O-1
APN
A02-0002-0018.0-0057.00
UPID
US66-1728150
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
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
207 Funderburg Road LLC · 5 yrs held
207 Funderburg Road LLC
since 2020
7 recorded transactions
Zoning & alternative use
O-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$94 / 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
$6,066
Tax year 2023
Assessed value
$104,010
Assessed 2023
Previous assessed
$84,430
+23.2% YoY
Effective rate
5.83%
On assessed value
Assessed land
$20,060
Assessed improvement
$83,950
Land market value
$57,300
Improvement market value
$239,870
Total market value
$297,170
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Heating
NONE
Total area
8,379 SF
Zoning code
O-1
APN
A02-0002-0018.0-0057.00
UPID
US66-1728150
Jurisdiction
GREENE
Zoning & alternative use
O-1 · Fairborn, OH
Zoning O-1 · permitted uses
O-1 · 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
1979
Heating
NONE
Current owner
From public records · entity-resolved
207 Funderburg Road LLC
Entity
Free & Clear · 5 yrs held
Mailing address
207 W FUNDERBURG RD, FAIRBORN, OH 45324-2376
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2026
—
207 Funderburg Road LLC
—
Deed
related
$4,000,000 · Stock Yards Bank And Trust Company
Feb 10, 2021
—
207 Funderburg Road LLC
—
Deed
related
$2,320,000 · Stock Yards Bank & Trust Co
Dec 30, 2020
—
207 Funderburg Road LLC
Bert M Federici
Warranty Deed
—
May 8, 2017
—
Bert M Federici
—
Trustees Deed
related
$120,000 · Wrightpatt Cu INC
Jun 1, 2007
$1,700,000
Bert M Federici
Cedar Village Apartments
Grant Deed
$1,360,000 · Lasalle National Bank
—
—
Bert M Federici
—
Loan Modification
related
$1,183,693 · Us Bk
—
—
Cedar Village Apartments
—
Deed Of Trust
related
$25,000 · Security National Bank & Trust
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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