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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Warehouses
201 Lexington Rd Eaton, OH 45320-9282
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-0385884
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2022
Total area
8,548 SF
Lot
3.42 ac (149,106 SF)
APN
M40-0006-013-01-009-000
UPID
US66-0385884
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
-
Cherokee Self Storage Storage Facility
-
Eaton First Church of the Nazarene Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Venus Storage LLC · 10 yrs held
Venus Storage LLC
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$815,000
+48.3%
Apartment house (5+ units)
$810,000
+47.5%
Auto repair, garage
$755,000
+37.4%
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 Eaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eaton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$550,000
Current use
MEDICAL BUILDING
$815,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$810,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$755,000
Change: +37% · Conversion: Easy
RETAIL STORES
$635,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$63 / 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
$20,245
Tax year 2023
Assessed value
$423,410
Assessed 2023
Previous assessed
$356,960
+18.6% YoY
Effective rate
4.78%
On assessed value
Assessed land
$40,230
Assessed improvement
$383,180
Land market value
$114,940
Improvement market value
$1,094,800
Total market value
$1,209,740
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
2022
Heating
NONE
Buildings
9
Stories
1
Total area
8,548 SF
Lot
3.42 ac (149,106 SF)
APN
M40-0006-013-01-009-000
UPID
US66-0385884
Jurisdiction
PREBLE
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
$550,000
MEDICAL BUILDING
Est. value
$815,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$635,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
2022
Heating
NONE
Stories
1
Buildings
9
Lot
3.42 ac
Current owner
From public records · entity-resolved
Venus Storage LLC
Entity
Mailing address
PO BOX 385, MILFORD, OH 45150-0385
Ownership since
2015
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
Jun 23, 2022
—
Venus Storage LLC
—
Deed
related
$2,080,000 · Heritage Southeast Bank
Mar 22, 2021
—
Venus Storage LLC
—
Deed
related
$1,175,000 · Heritage Southeast Bank
Sep 6, 2019
—
Venus Storage LLC
—
Deed
related
$1,219,813 · Heritage Bank
Dec 22, 2015
$1,310,000
Venus Storage LLC
Michael W Kinzie
Warranty Deed
$1,295,000 · Live Oak Banking Company
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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