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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Outlet malls
308 Main St Amanda, OH 43102-9330
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-3078545
Property summary
AI-generated overview
This exceptional investment opportunity presents a Family Dollar store located at 308 E Main St, Amanda, OH 43102. The property boasts 8,320 square feet on a 0.71-acre lot, built in 2016. Currently operating under a corporate-guaranteed Absolute NNN lease with a remaining term of 7.4 years expiring March 31, 2032. The lease includes six 5-year renewal options, each with a 10% rent increase. The current annual net operating income (NOI) is $85,264, resulting in a 6.58% cap rate and a price per square foot of $155.65. The asking price is $1,295,000. This strategically located property benefits from its proximity to Amanda High School, further enhancing its long-term value. The tenant, Family Dollar, is a subsidiary of Dollar Tree, Inc. (Nasdaq: DLTR), a Fortune 500 company with an investment-grade rating. This presents a compelling opportunity for passive income generation with minimal landlord responsibilities. The property's location is within the Columbus MSA, approximately 25 miles from I-270 Outerbelt. The next rent increase of 10% is scheduled for April 2027. The property's APN is 0030075820. This offering is suitable for a 1031 exchange.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2017
Total area
8,320 SF
Lot
0.71 ac (30,928 SF)
APN
003-00758.20
UPID
US66-3078545
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
-
Family Dollar Discount Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$1.16M
Owner & transaction history
Fd Amanda Oh LLC · 5 yrs held
Fd Amanda Oh LLC
since 2020
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+94.3%
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 Amanda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amanda 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
$1,125,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$940,000
Current use
RESTAURANT
$1,830,000
Change: +94% · Conversion: Easy
AUTO REPAIR, GARAGE
$930,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.20M (Oct 22 2020)
Last sale anchor
$1.20M
Oct 22 2020
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
$139 / 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
$8,374
Tax year 2023
Assessed value
$143,630
Assessed 2023
Previous assessed
$143,630
+0.0% YoY
Effective rate
5.83%
On assessed value
Assessed land
$8,700
Assessed improvement
$134,930
Land market value
$24,850
Improvement market value
$385,520
Total market value
$410,370
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2017
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Total area
8,320 SF
Lot
0.71 ac (30,928 SF)
APN
003-00758.20
UPID
US66-3078545
Jurisdiction
FAIRFIELD
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
RETAIL STORES Current
Est. value
$940,000
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$875,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2017
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Fd Amanda Oh LLC
Entity
Mailing address
403 N BEAUREGARD ST APT #201, ALEXANDRIA, VA 22312-2903
Ownership since
2020
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
Oct 22, 2020
$1,200,000
Fd Amanda Oh LLC
Morning Star Partners LLC
Limited Warranty Deed
$900,000 · Lcnb National Bank
Oct 23, 2015
—
Robert Febes
Weaver Concessions LLC
Warranty Deed
—
Oct 23, 2015
$150,000
Morning Star Partners LLC
Weaver Concessions LLC
Warranty Deed
—
Jun 4, 2013
$70,000
Weaver Concessions LLC
Dickson,arthur
Warranty Deed
$44,000 · Savings Bank
Nov 19, 2012
—
Arthur Dickson
Bookman Elsie
Affidavit Of Death
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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