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Property profile & analytics
OFF-MARKET
Estimated value
$7,925,000
Office buildings
3844 Research Blvd, Beavercreek, OH 45430-2104
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-5197545
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2018
Total area
52,262 SF
Lot
9.71 ac (423,142 SF)
APN
B42-0002-0013.0-0074.00
UPID
US66-5197545
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
$8.05M
CAP Approach
CAP
$8.73M
Comparable Approach
Comparable
$5.54M
Blend (final)
Blend
$7.93M
Owner & transaction history
Research Blvd Des Vercreek Oh LLC · 3 yrs held
Research Blvd Des Vercreek Oh LLC
since 2022
Last sale
$10.0M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.6M
+266.0%
Medical building
$8.7M
+153.2%
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 Beavercreek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beavercreek 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
$7,045,000
ML approach
$8,050,000
CAP Approach
CAP Return
Estimation
6%
$9,455,000
6.5%
$8,730,000
7%
$8,105,000
Alternative Use
Use
Estimation
RESTAURANT
$12,625,000
Change: +266% · Conversion: Moderate
MEDICAL BUILDING
$8,735,000
Change: +153% · Conversion: Easy
Blend value · Realmo final
$7.93M
Range $7.13M – $8.72M · ±10% · vs last sale $10.00M (Jul 21 2022)
Last sale anchor
$10.00M
Jul 21 2022
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
$152 / 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
$157,973
Tax year 2023
Assessed value
$1,965,870
Assessed 2023
Previous assessed
$1,965,870
+0.0% YoY
Effective rate
8.04%
On assessed value
Assessed land
$156,730
Assessed improvement
$1,809,140
Land market value
$447,790
Improvement market value
$5,168,980
Total market value
$5,616,770
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2018
Heating
NONE
Total area
52,262 SF
Lot
9.71 ac (423,142 SF)
APN
B42-0002-0013.0-0074.00
UPID
US66-5197545
Jurisdiction
GREENE
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
RESTAURANT
Est. value
$12.6M
MEDICAL BUILDING
Est. value
$8.7M
RESTAURANT
MEDICAL BUILDING
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
2018
Heating
NONE
Lot
9.71 ac
Current owner
From public records · entity-resolved
Research Blvd Des Vercreek Oh LLC
Entity
Free & Clear · 3 yrs held
Mailing address
600 EE AVE STE #200, ROCHESTER, NY 14607-2089
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$10,000,000
Research Blvd Des Vercreek Oh LLC
Merland Developers 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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