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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Grocery and convenience stores
38 Frnt St New Holland, OH 43145-9662
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2750472
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2010
Construction
FRAME
Total area
6,900 SF
Lot
0.41 ac (17,816 SF)
APN
I23-0-004-00-016-00
UPID
US66-2750472
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
$1.40M
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
New Holland Property LLC · 5 yrs held
New Holland Property LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
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 New Holland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Holland 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
$1,450,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
$1,335,000
6.5%
$1,235,000
7%
$1,145,000
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10% · vs last sale $1.65M (Jun 17 2021)
Last sale anchor
$1.65M
Jun 17 2021
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
$214 / 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
$6,229
Tax year 2023
Assessed value
$121,060
Assessed 2023
Previous assessed
$115,490
+4.8% YoY
Effective rate
5.15%
On assessed value
Assessed land
$5,330
Assessed improvement
$115,730
Land market value
$15,230
Improvement market value
$330,650
Total market value
$345,880
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
6,900 SF
Lot
0.41 ac (17,816 SF)
APN
I23-0-004-00-016-00
UPID
US66-2750472
Jurisdiction
PICKAWAY
Zoning & alternative use
Zoning · permitted uses
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
2010
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
New Holland Property LLC
Entity
Mailing address
1217 HUNT CLB DR, BEAVERCREEK, OH 45434-8023
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2021
$1,650,000
New Holland Property LLC
Kenneth W Pettit
Deed
$132,000 · Park National Bank
Jan 3, 2018
—
Pettit,kenneth W Trust
—
Grant Deed
related
$4,200,000 · Merchants Nat'l Bk
Jan 4, 2017
—
Pettit,kenneth W & P M Trust
Pettit,kenneth W & Patricia M
Quit Claim Deed
related
—
Sep 9, 2010
—
Pettit,kenneth W & Patricia
—
Grant Deed
related
$1,000,000 · Merchants Nat'l Bk
Jan 11, 2010
—
Stevens,karen S
Pettit,kenneth W & Patricia M
Quit Claim Deed
related
—
Jan 11, 2010
$108,000
Kenneth W Pettit
Stevens,karen S
Warranty Deed
—
—
—
Pettit,kenneth W Trust
—
Deed Of Trust
related
$995,000 · Merchants Nat'l Bk
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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