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Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Warehouses
2425 Township Rd 414 Dundee, OH 44624-9239
Entity Owned
~
Est. High Equity
Property ID
US66-4998222
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
9,828 SF
Lot
4.39 ac (191,141 SF)
APN
26-01451-011
UPID
US66-4998222
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
$2.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Massari Group Ohio LLC
Massari Group Ohio LLC
since 2026
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+83.6%
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 Dundee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dundee 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
$2,145,000
ML approach
$2,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,560,000
Change: +84% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±10% · vs last sale $2.45M (Feb 12 2026)
Last sale anchor
$2.45M
Feb 12 2026
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
$236 / 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
$18,760
Tax year 2023
Assessed value
$488,740
Assessed 2023
Previous assessed
$372,460
+31.2% YoY
Effective rate
3.84%
On assessed value
Assessed land
$52,220
Assessed improvement
$436,520
Land market value
$149,210
Improvement market value
$1,247,200
Total market value
$1,396,410
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Buildings
2
Total area
9,828 SF
Lot
4.39 ac (191,141 SF)
APN
26-01451-011
UPID
US66-4998222
Jurisdiction
HOLMES
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
COMMERCIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL)
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
Buildings
2
Lot
4.39 ac
Current owner
From public records · entity-resolved
Massari Group Ohio LLC
Entity
Mailing address
7410 RATCHFORD CT, NEW ALBANY, OH 43054-8970
Ownership since
2026
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
Feb 12, 2026
$2,450,000
Massari Group Ohio LLC
Soap Properties INC
Warranty Deed
$1,625,000 · The National Bank Of Indianapolis
Feb 12, 2026
—
Missari Group Ohio LLC
—
Deed
related
$1,300,000 · The National Bank Of Indianapolis
Jul 1, 2022
$2,450,000
Soap Properties INC
The Coblentz Group LLC
Warranty Deed
$1,960,000 · Us Bank NA
Apr 15, 2021
—
The Coblentz Group LLC
—
Deed
related
$1,400,000 · First Federal Community Bank NA
Sep 24, 2020
$682,000
The Coblentz Group LLC
Creekslde Holdings LLC
Warranty Deed
—
Aug 6, 2020
—
Creekside Holdings LLC
—
Deed
related
$170,000 · Amish Country Properties LLC
Jan 2, 2018
—
Creekside Holdings LLC
—
Deed
related
$572,000 · Ssb Community Bank
Dec 8, 2016
—
Creekside Holdings LLC
—
Deed
related
$1,000,000 · The Commercial & Savings 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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