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Property profile & analytics
OFF-MARKET
Retail space
249 Middletown Eaton Rd Middletown, OH 45042-1575
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1566062
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
2,400 SF
Lot
0.58 ac (25,177 SF)
APN
E2210-029.000-024
UPID
US66-1566062
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tkp Property LLC · 1 yrs held
Tkp Property LLC
since 2025
Last sale
$100,000
5 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$1,359
Tax year 2023
Assessed value
$26,580
Assessed 2023
Previous assessed
$26,580
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$3,260
Assessed improvement
$23,320
Land market value
$9,320
Improvement market value
$66,630
Total market value
$75,950
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1995
Heating
HOT WATER
Cooling
NONE
Stories
1
Units
1
Total area
2,400 SF
Lot
0.58 ac (25,177 SF)
APN
E2210-029.000-024
UPID
US66-1566062
Jurisdiction
BUTLER
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
1995
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Tkp Property LLC
Entity
Mailing address
249 MIDDLETOWN EATON RD, MIDDLETOWN, OH 45042-1575
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
$100,000
Tkp Property LLC
Stephen Properties
Warranty Deed
$1,000,000 · Marions Grandslam Drive Thru LLC
Jul 27, 2012
$100,000
Stephens Properties
Nli West Town Drive Thru INC
Warranty Deed
—
Jan 4, 2011
—
Nli West Town Drive Thru INC
Triad Investment Corp
Quit Claim Deed
related
—
Apr 30, 2003
—
Nli West Town Drive Thru INC
Norvell,william L & Molly G
Grant Deed
$270,000 · Oak Hill Banks
Apr 8, 2003
—
West Town Drive Thru INC
Spivey,charles
Quit Claim Deed
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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