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Property profile & analytics
OFF-MARKET
Estimated value
$4,370,000
Warehouses
2586 Riv Rd 2582 Moraine, OH 45439-1514
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-2020680
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
101,780 SF
Lot
3.56 ac (154,986 SF)
APN
J44 04105 0116
UPID
US66-2020680
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
$4.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$4.37M
Owner & transaction history
Sealy East River Road III LLC · 3 yrs held
Sealy East River Road III LLC
since 2022
Last sale
$5.9M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.7M
+90.4%
Auto repair, garage
$6.4M
+80.8%
Retail stores
$6.2M
+74.8%
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 Moraine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moraine 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
$4,355,000
ML approach
$4,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,530,000
Current use
OFFICE BUILDING
$6,715,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,380,000
Change: +81% · Conversion: Easy
RETAIL STORES
$6,170,000
Change: +75% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,090,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,050,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$4.37M
Range $3.93M – $4.81M · ±10% · vs last sale $5.93M (Oct 3 2022)
Last sale anchor
$5.93M
Oct 3 2022
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
$43 / 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
$56,804
Tax year 2023
Assessed value
$605,340
Assessed 2023
Previous assessed
$550,300
+10.0% YoY
Effective rate
9.38%
On assessed value
Assessed land
$41,780
Assessed improvement
$563,560
Land market value
$119,370
Improvement market value
$1,610,160
Total market value
$1,729,530
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
101,780 SF
Lot
3.56 ac (154,986 SF)
APN
J44 04105 0116
UPID
US66-2020680
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
OFFICE BUILDING
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$6.4M
RETAIL STORES
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1973
Heating
YES
Cooling
Yes
Stories
1
Lot
3.56 ac
Current owner
From public records · entity-resolved
Sealy East River Road III LLC
Entity
Free & Clear · 3 yrs held
Mailing address
333 TEXAS ST STE #1050, SHREVEPORT, LA 71101-3680
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
$5,927,500
Sealy East River Road III LLC
2574 E River Rd Bldg 10 LLC
Limited Warranty Deed
—
Nov 10, 1999
—
2574 E River Rd Bldg 10 LLC
Mid-states Development Co
Grant 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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