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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Manufacturing properties
3115 Homeward Way Fairfield, OH 45014-4255
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-6177145
Property summary
AI-generated overview
This exceptional 16,324-square-foot warehouse, located at 3115 Homeward Way in Fairfield, Ohio, presents a significant opportunity for businesses seeking efficient and spacious industrial space. Built in 1999, the property boasts a single-tenant occupancy, offering complete control and flexibility. The warehouse features impressive ceiling heights ranging from 10 feet to 16.5 feet, providing ample vertical storage capacity. Convenient loading and unloading is ensured with one loading dock and one drive-in door. The property is equipped with 120/208V 3-phase power, suitable for a variety of industrial applications. Situated in Butler County, Ohio, with a 45014 zip code, this location offers excellent access to major transportation routes, streamlining logistics and distribution. The entire 16,324 square feet is currently vacant, making it ideal for immediate occupancy and customization to meet specific business needs. This property represents a rare opportunity to secure a well-maintained, functional warehouse in a prime location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Total area
16,120 SF
Lot
6.47 ac (281,833 SF)
APN
A0700-245.000-010
UPID
US66-6177145
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
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.02M
Owner & transaction history
3115 Homeward Way LLC · 1 yrs held
3115 Homeward Way LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+97.3%
Auto repair, garage
$1.5M
+95.5%
Retail stores
$1.2M
+54.7%
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$745,000
Current use
MEDICAL BUILDING
$1,475,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,460,000
Change: +95% · Conversion: Easy
RETAIL STORES
$1,155,000
Change: +55% · Conversion: Moderate
WAREHOUSE, STORAGE
$855,000
Change: +14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$775,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$63 / 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
$23,548
Tax year 2023
Assessed value
$420,610
Assessed 2023
Previous assessed
$490,290
-14.2% YoY
Effective rate
5.60%
On assessed value
Assessed land
$141,860
Assessed improvement
$278,750
Land market value
$405,300
Improvement market value
$796,420
Total market value
$1,201,720
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
16,120 SF
Lot
6.47 ac (281,833 SF)
APN
A0700-245.000-010
UPID
US66-6177145
Jurisdiction
BUTLER
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
$745,000
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$775,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
2000
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
6.47 ac
Current owner
From public records · entity-resolved
3115 Homeward Way LLC
Entity
Mailing address
4095 SHUFFEL ST NW #200, CANTON, OH 44720-6933
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
3115 Homeward Way LLC
J J & W Viii Ltd
Warranty Deed
$1,124,000 · Civista Bank
Jul 8, 2015
$1,497,500
J J & W Viii Ltd
Rebell Holdings LLC
Grant Deed
$1,125,000 · Golden Circle Cu
Nov 16, 2006
—
Cast Propertiese LLC
Rebell Holdings LLC
Warranty Deed
—
Nov 15, 2004
$85,000
Hagen Mark E Tr
Rebell Holdings LLC
Warranty Deed
—
Jun 30, 2003
$1,500,000
Rebell Holdings LLC
Carson Holdings LLC
Grant Deed
related
$1,000,000 · First Financial Bank NA
—
—
Carson Holdings LLC
—
Deed Of Trust
related
$992,000 · Fifth Third Bank
—
—
Rebell Holdings LLC
—
Deed Of Trust
related
$1,218,000 · Huntington National Bank
—
—
Rebell Holdings LLC
—
Deed Of Trust
related
$1,290,000 · Stock Yards Bank
—
—
Rebell Holdings LLC
—
Deed Of Trust
related
$500,000 · Huntington National Bank
—
—
Rebell Holdings LLC
—
Deed Of Trust
related
$1,200,000 · First Financial Bank NA
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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