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Property profile & analytics
OFF-MARKET
Commercial real estate
204 Main St Montpelier, OH 43543-1016
Entity Owned
Free & Clear
Property ID
US66-0214797
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Total area
3,019 SF
Lot
0.07 ac (2,919 SF)
APN
072-110-09-002.000
UPID
US66-0214797
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
-
Thompson Funeral Homes Social Service Agency
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
Dw Walz Properties LLC
Dw Walz Properties LLC
since 2025
Last sale
$64,500
7 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 Montpelier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montpelier 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
$953
Tax year 2023
Assessed value
$16,840
Assessed 2023
Previous assessed
$16,840
+0.0% YoY
Effective rate
5.66%
On assessed value
Assessed land
$2,030
Assessed improvement
$14,810
Land market value
$5,800
Improvement market value
$42,300
Total market value
$48,100
Applied tax rate
151.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Heating
NONE
Stories
1
Total area
3,019 SF
Lot
0.07 ac (2,919 SF)
APN
072-110-09-002.000
UPID
US66-0214797
Jurisdiction
WILLIAMS
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
1920
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Dw Walz Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11846 COUNTY RD I I, MONTPELIER, OH 43543-9220
Ownership since
2025
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
Aug 20, 2025
—
Dw Walz Properties LLC
Derek A Walz
Deed
related
—
Jul 10, 2023
—
Derek A Walz
—
Deed
related
$100,000 · Robert A Walz
Apr 18, 2023
$64,500
Derek A Walz
Roland D King
Warranty Deed
—
Aug 20, 2018
$43,900
Roland D King
Xiaobo Lin
Warranty Deed
$60,000 · The Farmers & Merchants State Bank
Apr 11, 2013
$50,000
Xiaobo Lin
David H Cooley
Warranty Deed
—
Mar 13, 2012
—
Xiaobo Lin
Daniel I Moor
Quit Claim Deed
related
—
Aug 22, 2006
—
David H Cooley
Deborah E Cooley
Intrafamily Transfer
related
—
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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