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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
3454 Folk Ream Rd Lot 70 Springfield, OH 45502-6615
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-2636526
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1971
Total area
5,072 SF
Lot
80 ac (3,484,800 SF)
Zoning code
R-5
APN
050-02-00032-000-025
UPID
US66-2636526
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chateau Estates Mhp LLC · 9 yrs held
Chateau Estates Mhp LLC
since 2016
3 recorded transactions
Zoning & alternative use
R-5 · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$58,959
Tax year 2023
Assessed value
$623,780
Assessed 2023
Previous assessed
$623,780
+0.0% YoY
Effective rate
9.45%
On assessed value
Assessed land
$270,900
Assessed improvement
$352,880
Land market value
$774,000
Improvement market value
$1,008,230
Total market value
$1,782,230
Applied tax rate
50.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
225
Rooms
10
Bathrooms
4
Total area
5,072 SF
Lot
80 ac (3,484,800 SF)
Zoning code
R-5
APN
050-02-00032-000-025
UPID
US66-2636526
Jurisdiction
CLARK
Zoning & alternative use
R-5 · Springfield, OHZoning R-5 · permitted uses
R-5 · Springfield, OH
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
2
Units
225
Rooms
10
Bathrooms
4
Lot
80 ac
Current owner
From public records · entity-resolved
Chateau Estates Mhp LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6310 E KEMPER RD STE #125, CINCINNATI, OH 45241-2370
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Chateau Estates Mhp LLC
—
Deed
related
$4,879,800 · Dt Grat Jmt LLC
Feb 25, 2021
—
Brookside Terrace Mhp LLC
—
Deed
related
$4,879,800 · Dt Grat Jmt LLC
Aug 31, 2016
$1,800,000
Chateau Estates Mhp LLC
Helen LLC
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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