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Property profile & analytics
OFF-MARKET
Office buildings
2240 Central Ave Miamisburg, OH 45342-7601
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-0147345
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
FRAME
Total area
8,464 SF
Lot
0.89 ac (38,594 SF)
APN
K46 00717 0007
UPID
US66-0147345
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
-
ECI Foxtronix Electronics & Wireless Store
-
Onestop Machinery Solutions LLC Construction Company
-
E Z Iron Construction Company General Contractor
-
AppleHeart (Bike/Boat/Book/etc) Store
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
Lienchiang Real Estate LLC · 3 yrs held
Lienchiang Real Estate LLC
since 2023
Last sale
$380,000
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 Miamisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miamisburg 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
$10,458
Tax year 2023
Assessed value
$130,210
Assessed 2023
Previous assessed
$114,230
+14.0% YoY
Effective rate
8.03%
On assessed value
Assessed land
$71,140
Assessed improvement
$59,070
Land market value
$203,270
Improvement market value
$168,780
Total market value
$372,050
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
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
8,464 SF
Lot
0.89 ac (38,594 SF)
APN
K46 00717 0007
UPID
US66-0147345
Jurisdiction
MONTGOMERY
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
1980
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Lienchiang Real Estate LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1250 W DOROTHY LN STE #206, DAYTON, OH 45409-1313
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2023
$380,000
Lienchiang Real Estate LLC
2240 East Central LLC
Warranty Deed
—
Mar 6, 2023
—
2240 East Central LLC
Nancy J Robbins
Quit Claim Deed
related
—
Sep 12, 2006
$250,000
2240 East Central LLC
Resource Dev Properties INC
Warranty Deed
$151,051 · Liberty Bank For Savings
Feb 9, 2001
—
Resource Dev Properties INC
—
Deed Of Trust
related
$3,000,000 · Old National Bank
—
—
2240 East Central LLC
—
Deed Of Trust
related
$1,000 · Liberty Bank For Savings
—
—
2240 East Central LLC
—
Deed Of Trust
related
$1,000 · Liberty Bank For Savings
—
—
Resource Dev Properties
—
Deed Of Trust
related
$205,000 · Madison Community Bank
—
—
Resource Dev Properties
—
Deed Of Trust
related
$205,000 · Madison Community 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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