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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Industrial properties
2701 Lance Dr Moraine, OH 45409-1519
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1631944
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Total area
28,795 SF
Lot
1.73 ac (75,489 SF)
APN
J44 04101 0261
UPID
US66-1631944
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$960k
Blend (final)
Blend
$735k
Owner & transaction history
Rolling Properties LLC · 5 yrs held
Rolling Properties LLC
since 2021
Last sale
$750,000
7 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 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
$550,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$705,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $750k (Jun 21 2021)
Last sale anchor
$750k
Jun 21 2021
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
$26 / 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
$24,546
Tax year 2023
Assessed value
$262,500
Assessed 2023
Previous assessed
$262,500
+0.0% YoY
Effective rate
9.35%
On assessed value
Assessed land
$18,990
Assessed improvement
$243,510
Land market value
$54,260
Improvement market value
$695,740
Total market value
$750,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1963
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
28,795 SF
Lot
1.73 ac (75,489 SF)
APN
J44 04101 0261
UPID
US66-1631944
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
INDUSTRIAL (GENERAL) Current
Est. value
$705,000
INDUSTRIAL (GENERAL) Current
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
1963
Heating
YES
Cooling
Yes
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Rolling Properties LLC
Entity
Mailing address
216 HARMAN BLVD, OAKWOOD, OH 45419-3527
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
$750,000
Rolling Properties LLC
Woodcat Associates LLC
Warranty Deed
$622,934 · Day Air Cu INC
Jan 25, 2018
—
Woodcat Associates LLC
—
Trustees Deed
related
$100,000 · Day Air Cu
Nov 27, 2017
—
Woodcat Associates LLC
—
Deed
related
$400,752 · Day Air Cu
Jun 20, 2017
—
Woodcat Associates LLC
M & D Holding Assn
Quit Claim Deed
related
—
Feb 7, 2012
$635,000
Holding Assn
Mfri LLC
Warranty Deed
$405,000 · Day Air Cu INC
Jan 12, 2007
—
Mfri LLC
Mayberry,william P JR & Teri L
Quit Claim Deed
related
—
Dec 19, 2006
—
Charlene L Scrimenti
Growth Properties LLC
Quit Claim Deed
related
—
Dec 19, 2006
$279,000
William P Mayberry JR.
Scrimenti,charlene L
Warranty Deed
$320,000 · Fifth Third Bank
—
—
Marion Scrimenti
—
Deed Of Trust
related
$100,000 · National City Bank
—
—
Woodcat Associates LLC
—
Deed Of Trust
related
$400,752 · Day Air Cu
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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