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Property profile & analytics
OFF-MARKET
Medical Office Space
203 Lk Ave, New Carlisle, OH 45344-1420
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2488765
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
BRICK
Total area
3,572 SF
Lot
0.7 ac (30,448 SF)
APN
030-05-00029-306-059
UPID
US66-2488765
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
-
Dr. Steve Shufflebarger, DDS Dental Office
-
Dana Nichols Dental Office
-
Dr Lytha K Miller DDS Dental Office
-
Premier Dental Dental Office
-
Team DDS New Carlisle: Dr. Lytha Miller 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
M & M Realty LLC · 3 yrs held
M & M Realty LLC
since 2022
Last sale
$260,000
6 recorded transactions
Zoning & alternative use
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 New Carlisle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Carlisle 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
Assessed value
$84,830
Assessed 2023
Previous assessed
$84,830
+0.0% YoY
Assessed land
$17,220
Assessed improvement
$67,610
Land market value
$49,200
Improvement market value
$193,170
Total market value
$242,370
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
NONE
Stories
1
Total area
3,572 SF
Lot
0.7 ac (30,448 SF)
APN
030-05-00029-306-059
UPID
US66-2488765
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
M & M Realty LLC
Entity
Mailing address
203 E LK AVE, NEW CARLISLE, OH 45344-1420
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
$260,000
M & M Realty LLC
New Carlisle Holdings LLC
Limited Warranty Deed
$917,500 · The Huntington National Bank
Dec 6, 2022
—
M & M Realty LLC
—
Deed
related
$199,750 · The Huntington National Bank
Mar 30, 2021
—
New Carlisle Holding LLC
—
Deed
related
$335,882 · Civista Bank
Dec 14, 2020
—
New Carlisle Holdings LLC
—
Deed
related
$335,882 · Civista Bank
Mar 21, 2018
—
Dental Recovery Solutions 360
Dental Realty Mgmt Co LLC
Quit Claim Deed
related
—
Mar 21, 2018
$233,000
New Carlisle Holdings LLC
Dental Recovery Solutions 360 LLC
Quit Claim Deed
related
$211,500 · The Huntington National 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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