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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Strip malls
250 Castalia St Bellevue, OH 44811-1200
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-2097391
Property summary
AI-generated overview
This Bellevue, OH retail center offers 22,515 square feet of space, currently featuring a newly renovated 9,600 square foot Dollar Tree. Five additional suites are available for lease, ranging from 2,166 to 12,915 contiguous square feet. The building boasts a total of six suites, with a significant 12,915 square feet currently vacant, presenting a prime opportunity for expansion or new tenancy. Previous occupants include a doctor's office and a restaurant, indicating diverse potential uses. The property's location in Bellevue, OH offers excellent visibility and accessibility for businesses seeking a strong foothold in a thriving community. The newly renovated space provides immediate occupancy for a suitable tenant, while the remaining suites offer flexibility for various business types. This multi-tenant building presents a unique opportunity for both established businesses seeking expansion and new ventures looking for a well-located and versatile space. The size and layout of the available suites allow for customization to meet individual business needs. Inquire today to learn more about this exceptional retail investment opportunity.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1960
Total area
22,461 SF
Lot
1.81 ac (78,626 SF)
APN
01-0010-08-012-0000
UPID
US66-2097391
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
-
R Amburn Inc Pediatrician Physician
-
Dr. Orville R. Amburn, MD Pediatrician Physician
-
Dollar Tree Discount 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
$2.76M
Owner & transaction history
Fidc 79 LLC · 6 yrs held
Fidc 79 LLC
since 2019
1 recorded transaction
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 Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,980,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,460,000
Change: 0% · Conversion: Easy
RESTAURANT
$2,195,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,185,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,965,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$1,700,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10%
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
$123 / 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
$9,026
Tax year 2023
Assessed value
$163,800
Assessed 2023
Previous assessed
$163,800
+0.0% YoY
Effective rate
5.51%
On assessed value
Assessed land
$12,550
Assessed improvement
$151,250
Land market value
$35,850
Improvement market value
$432,150
Total market value
$468,000
Applied tax rate
1.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1960
Heating
NONE
Stories
1
Total area
22,461 SF
Lot
1.81 ac (78,626 SF)
APN
01-0010-08-012-0000
UPID
US66-2097391
Jurisdiction
HURON
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
Year built
1960
Heating
NONE
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Fidc 79 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
100 DEBARTOLO PL STE #400, BOARDMAN, OH 44512-6099
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2019
$225,000
Fidc 79 LLC
F & A Sofios Properties Ltd
Grant Deed
—
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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