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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Retail space
28585 State Rte 62 Beloit, OH 44609-9610
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-1875602
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Construction
STEEL FRAME
Total area
9,212 SF
Lot
2 ac (87,120 SF)
APN
03-00443-000
UPID
US66-1875602
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
$1.15M
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$975k
Owner & transaction history
Jlm Real Estate Inv LLC · 7 yrs held
Jlm Real Estate Inv LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$715,000
+44.6%
Medical building
$655,000
+32.9%
Office building
$640,000
+30.2%
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 Beloit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beloit 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%
$1,250,000
6.5%
$1,150,000
7%
$1,070,000
Alternative Use
Use
Estimation
RESTAURANT
$715,000
Change: +45% · Conversion: Easy
MEDICAL BUILDING
$655,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$640,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$106 / 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
$11,363
Tax year 2023
Assessed value
$272,030
Assessed 2023
Previous assessed
$272,030
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$41,130
Assessed improvement
$230,900
Land market value
$117,500
Improvement market value
$659,700
Total market value
$777,200
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
NONE
Stories
1
Rooms
9
Bathrooms
1
Total area
9,212 SF
Lot
2 ac (87,120 SF)
APN
03-00443-000
UPID
US66-1875602
Jurisdiction
COLUMBIANA
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
RESTAURANT
Est. value
$715,000
MEDICAL BUILDING
Est. value
$655,000
OFFICE BUILDING
Est. value
$640,000
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
2019
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Jlm Real Estate Inv LLC
Entity
Mailing address
PO BOX 473, SCHUYLKILL HAVEN, PA 17972-0473
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2020
—
Jlm Real Estate Investments LLC
—
Deed
related
$1,125,000 · M & T Bank
Jul 26, 2019
—
Jlm Real Estate Inv LLC
Seth M Sharp
Warranty Deed
—
Jun 14, 2019
—
Seth M Sharp
Seth M Sharp
Quit Claim Deed
related
—
Jun 13, 2019
—
Seth M Sharp
Seth M Sharp
Quit Claim Deed
related
—
Jan 16, 2018
—
Dean Hoover
—
Deed
related
$35,000 · Anabaptist Financial
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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