Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Industrial properties
285 Hiawatha Trl Springboro, OH 45066-3041
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-6071804
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Construction
BRICK
Total area
11,200 SF
Lot
1.58 ac (68,694 SF)
APN
04-20-268-017-0
UPID
US66-6071804
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
-
Tow Choice Springboro Franklin Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$970k
Owner & transaction history
Davis Schmidt Family Holdings LLC · 1 yrs held
Davis Schmidt Family Holdings LLC
since 2025
Last sale
$1.1M
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 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%
$765,000
6.5%
$710,000
7%
$655,000
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $1.09M (Mar 10 2025)
Last sale anchor
$1.09M
Mar 10 2025
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
$87 / 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
$9,490
Tax year 2023
Assessed value
$150,339
Assessed 2023
Previous assessed
$150,339
+0.0% YoY
Effective rate
6.31%
On assessed value
Assessed land
$28,154
Assessed improvement
$122,185
Land market value
$80,440
Improvement market value
$349,100
Total market value
$429,540
Applied tax rate
7.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
11,200 SF
Lot
1.58 ac (68,694 SF)
APN
04-20-268-017-0
UPID
US66-6071804
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
Building & site characteristics
From public records
Year built
2005
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.58 ac
Current owner
From public records · entity-resolved
Davis Schmidt Family Holdings LLC
Entity
Mailing address
405 S MAIN ST, SPRINGBORO, OH 45066-1417
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
Davis Schmidt Family Holdings LLC
—
Deed
related
$450,000 · Alloy Development Co INC
Jun 10, 2025
$1,085,000
Davis Schmidt Family Holdings LLC
Heldon Group Ltd
Warranty Deed
$542,500 · Peoples Bank
Nov 7, 2017
—
Heldon Group Ltd
—
Deed
related
$297,619 · Security National Bank
Aug 30, 2004
$81,318
Heldon Group Ltd
Excel Ptshp
Warranty Deed
—
Oct 28, 1999
$53,500
Excel Partnership
Pearson,gerald W & Virginia
Grant Deed
$68,000 · First National Bank Sw Ohio
May 14, 1997
$53,500
Gerald W Pearson
Edwards Furniture INC
Grant Deed
$55,000 · Community Bank NA
—
—
Heldon Group Ltd
—
Deed Of Trust
related
$297,619 · Security Nat'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 285 Hiawatha Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
