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Property profile & analytics
OFF-MARKET
Office buildings
300 Patrick Ave 314, Urbana, OH 43078-2339
Entity Owned
~
Est. High Equity
Property ID
US66-4407547
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
11,100 SF
Lot
1.56 ac (67,779 SF)
APN
K48-25-11-02-28-037-00
UPID
US66-4407547
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
-
Dr. Nabil B. Migally, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
300 Patrick Ave LLC
300 Patrick Ave LLC
since 2026
Last sale
$9.4M
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 Urbana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Urbana 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,051
Tax year 2023
Assessed value
$59,320
Assessed 2023
Previous assessed
$59,040
+0.5% YoY
Effective rate
6.83%
On assessed value
Assessed land
$29,950
Assessed improvement
$29,370
Land market value
$85,580
Improvement market value
$83,920
Total market value
$169,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,100 SF
Lot
1.56 ac (67,779 SF)
APN
K48-25-11-02-28-037-00
UPID
US66-4407547
Jurisdiction
CHAMPAIGN
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
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
300 Patrick Ave LLC
Entity
Mailing address
1906 N LUDLOW RD, URBANA, OH 43078-9759
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
$2,155,000
300 Patrick Ave LLC
Td Dental LLC
Special Warranty Deed
$1,616,250 · Prism Bank
Dec 11, 2025
$9,425,000
Td Dental LLC
Rittenhouse Rentals LLC
Warranty Deed
—
Aug 8, 2022
—
Rittenhouse Rentals LLC
Rittenhouse Rentals LLC
Intrafamily Transfer
related
—
Mar 16, 2022
—
Rittenhouse Rentals LLC
Terry Rittenhouse
Intrafamily Transfer
related
—
Jan 4, 2022
—
Rittenhouse Properties LLC
Terry Rittenhouse
Intrafamily Transfer
related
—
Aug 4, 2021
$168,000
Terry Rittenhouse
Bodey & Sons Ltd
Sheriffs Deed
related
—
Jul 27, 2021
$168,000
Terry Rittenhouse
Bodey & Sons Limited Partnership
Sheriffs Deed
related
—
Nov 9, 2011
$10,000
Roy A Doss
Bodey & Sons LP
Warranty Deed
—
Jun 26, 2007
$225,000
William C Carter
Rodey & Sons LP
Warranty Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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