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Property profile & analytics
OFF-MARKET
Estimated value
$4,395,000
Retail space
3220 Navarre Ave Oregon, OH 43616-4357
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2120773
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Total area
14,220 SF
Lot
1.61 ac (69,957 SF)
Zoning code
40-MX
APN
44-22974
UPID
US66-2120773
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
$4.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.40M
Owner & transaction history
Mbh Nnn Investments LLC · 2 yrs held
Mbh Nnn Investments LLC
since 2024
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
40-MX · Oregon, OH
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 Oregon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oregon 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
$4,395,000
ML approach
$4,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.40M
Range $3.96M – $4.83M · ±10% · vs last sale $4.39M (May 3 2024)
Last sale anchor
$4.39M
May 3 2024
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
$309 / 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
$20,022
Tax year 2023
Assessed value
$234,045
Assessed 2023
Previous assessed
$234,045
+0.0% YoY
Effective rate
8.55%
On assessed value
Assessed land
$23,730
Assessed improvement
$210,315
Land market value
$67,800
Improvement market value
$600,900
Total market value
$668,700
Applied tax rate
44.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Heating
NONE
Stories
2
Total area
14,220 SF
Lot
1.61 ac (69,957 SF)
Zoning code
40-MX
APN
44-22974
UPID
US66-2120773
Jurisdiction
LUCAS
Zoning & alternative use
40-MX · Oregon, OH
Zoning 40-MX · permitted uses
40-MX · Oregon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oregon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Stories
2
Lot
1.61 ac
Current owner
From public records · entity-resolved
Mbh Nnn Investments LLC
Entity
Mailing address
16916 W CARAMEL APPLE TRL, CYPRESS, TX 77433-4170
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$4,394,500
Mbh Nnn Investments LLC
Legends Hc One LLC
Limited Warranty Deed
$2,825,000 · Fremont FCU
Apr 24, 2024
—
Legends Hc One LLC
Erop LLC
Limited Warranty Deed
—
Feb 1, 2023
—
Erop LLC
—
Deed
related
$3,770,000 · Town And Country Bank
Oct 21, 2022
$1,475,000
Erop LLC
Dynamic Brothers Properties INC
Warranty Deed
$1,180,000 · Town & Country Bank
Apr 18, 2018
—
Lmrk Propco LLC
—
Grant Deed
related
$80,000,000 · Wilmington Tr
Aug 15, 2017
$700,000
Dynamic Brothers Props INC
Grewe Family Trust
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.
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