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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Commercial real estate
250 Central Ave Springboro, OH 45066-1104
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-0570358
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Construction
BRICK
Total area
8,048 SF
Lot
2.62 ac (114,301 SF)
APN
04-14-451-007-0
UPID
US66-0570358
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
$1.57M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.20M
Owner & transaction history
Kings Cross Community Church INC · 1 yrs held
Kings Cross Community Church INC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+84.5%
Industrial (general)
$1.6M
+51.6%
Office building
$1.4M
+31.7%
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 Springboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springboro 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%
$1,695,000
6.5%
$1,565,000
7%
$1,455,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,055,000
Current use
AUTO REPAIR, GARAGE
$1,950,000
Change: +85% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,600,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$1,390,000
Change: +32% · Conversion: Easy
RETAIL STORES
$1,160,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±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
$149 / 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
$15,047
Tax year 2023
Assessed value
$293,125
Assessed 2023
Previous assessed
$293,125
+0.0% YoY
Effective rate
5.13%
On assessed value
Assessed land
$114,800
Assessed improvement
$178,325
Land market value
$328,000
Improvement market value
$509,500
Total market value
$837,500
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
8,048 SF
Lot
2.62 ac (114,301 SF)
APN
04-14-451-007-0
UPID
US66-0570358
Jurisdiction
WARREN
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) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1999
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.62 ac
Current owner
From public records · entity-resolved
Kings Cross Community Church INC
Entity
Mailing address
705 GARDNER RD, SPRINGBORO, OH 45066-5001
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2025
—
Kings Cross Community Church INC
The Rekhi Family Foundation
Warranty Deed
$1,200,000 · Wesleyan Investment Foundation INC
Mar 31, 2025
—
The Rekhi Family Foundation
250 Investment Group LLC
Warranty Deed
—
May 30, 2017
$820,000
252 Investment Group LLC
Ll Investment Group LLC
Warranty Deed
—
Jul 8, 2014
—
Ll Investment Group LLC
Lee,lisa
Grant Deed
related
—
Nov 27, 2013
$825,000
Lisa Lee
Preschool Development Ltd
Warranty Deed
—
Apr 8, 1999
—
Preschool Development Ltd
Hansen,stanley D
Grant Deed
related
—
Jan 20, 1999
$265,000
Hansen,stanley D
Null,jane
Trustees Deed
$200,000 · Bank One NA
Jan 20, 1999
—
Emma J Null
Heston,ruby B
Quit Claim Deed
related
—
—
—
Preschool Development Ltd
—
Deed Of Trust
related
$374,256 · Bank One NA
—
—
Preschool Development Ltd
—
Deed Of Trust
related
$534,652 · Bank One NA
—
—
Preschool Development LLC
—
Deed Of Trust
related
$385,000 · Certified Development Corp
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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