Trust Owned Property summary
AI-generated overview
The property at 375 W Pike Street in South Lebanon, Ohio 45065 is a mixed-use building comprising approximately 2,158 square feet of street-facing retail/commercial space and a separate 3-bedroom, 1-bath apartment of approximately 1,164 square feet. The retail/commercial area was previously used as an auto parts store and is configured to support business use, with interior updates/renovation required to meet a new tenant or owner’s intended use. The building features a roof replacement installed in 2018 and is characterized by an as-is condition. The retail storefront is located along a high-traffic corridor and is positioned with regional access via nearby I-71. The layout supports either an owner-occupant arrangement—using the retail space and living in the apartment—or a mixed-use investment structure combining commercial/retail space with residential income potential.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1944
Construction
FRAME
Total area
1,164 SF
Lot
0.02 ac (915 SF)
APN
12-01-207-006-0
UPID
US66-1104328
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$70k
Owner & transaction history
since 2020
Last sale
$50,000
3 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$70k
Value range
$63k – $77k
±10% around blend
Estimated value / SF
$60 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$63k
blend $70k
$77k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,164 SF
Lot area
0.02 ac
Year built
1944
Stories
2
APN
12-01-207-006-0
Assessed value
$34,069
Annual tax
$2,675
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$285k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.6 mi away · 1,290 SF
14.0 mi away · 1,056 SF
17.7 mi away · 1,216 SF
18.3 mi away · 1,240 SF
18.9 mi away · 1,260 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$70k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 213 sales
$151
-60%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $60/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$50k
Move the market yield to see immediate price impact.
Value / SF
$43
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3k
$63k
$45k
$35k
$4k
$70k
$50k
$39k
$4k
$77k
$55k
$43k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$420k
12.8 mi · Feb 2026 · $368/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,675
Tax year 2023
Assessed value
$34,069
Assessed 2023
Previous assessed
$34,069
+0.0% YoY
Effective rate
7.85%
On assessed value
Assessed land
$6,199
Assessed improvement
$27,870
Land market value
$17,710
Improvement market value
$79,630
Total market value
$97,340
Applied tax rate
68.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1944
Construction
FRAME
Heating
GRAVITY
Cooling
NONE
Buildings
2
Stories
2
Bathrooms
1
Total area
1,164 SF
Lot
0.02 ac (915 SF)
APN
12-01-207-006-0
UPID
US66-1104328
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1944
Construction
FRAME
Heating
GRAVITY
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
1
Lot
0.02 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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