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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Commercial real estate
3878 Indian Ripple Rd 3900, Dayton, OH 45440-3448
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-2376245
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Total area
15,290 SF
Lot
3.72 ac (162,000 SF)
Zoning code
B4
APN
B42-0003-0019.0-0049.00
UPID
US66-2376245
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
Current use
Occupant on record · Public records
-
Acclaim Senior Activities Center Home Health Care Service Service Establishment
-
Homebackers Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.36M
Owner & transaction history
City Of Beavercreek · 5 yrs held
City Of Beavercreek
since 2020
Last sale
$19,631
4 recorded transactions
Zoning & alternative use
B4 · Dayton, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+39.0%
Auto repair, garage
$960,000
+32.0%
Retail stores
$925,000
+27.6%
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,010,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$960,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$925,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $20k (Oct 28 2020)
Last sale anchor
$20k
Oct 28 2020
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
$89 / 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
$42,186
Tax year 2023
Assessed value
$529,060
Assessed 2023
Previous assessed
$523,900
+1.0% YoY
Effective rate
7.97%
On assessed value
Assessed land
$130,210
Assessed improvement
$398,850
Land market value
$372,030
Improvement market value
$1,139,570
Total market value
$1,511,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1986
Heating
NONE
Total area
15,290 SF
Lot
3.72 ac (162,000 SF)
Zoning code
B4
APN
B42-0003-0019.0-0049.00
UPID
US66-2376245
Jurisdiction
GREENE
Zoning & alternative use
B4 · Dayton, OH
Zoning B4 · permitted uses
B4 · Dayton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dayton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$960,000
RETAIL STORES
Est. value
$925,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1986
Heating
NONE
Lot
3.72 ac
Current owner
From public records · entity-resolved
City Of Beavercreek
Entity
Free & Clear · 5 yrs held
Mailing address
3900 INDIAN RIPPLE RD, DAYTON, OH 45440-3497
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
—
Gns Investment Properties INC
—
Deed
related
$1,095,000 · Lcnb National Bank
Oct 28, 2020
$19,631
City Of Beavercreek
Gns Investment Properties INC
Warranty Deed
—
Sep 27, 2019
$1,500,000
Gns Investment Properties INC
Rowland Investments LLC
Warranty Deed
$1,200,000 · Us Bank NA
Apr 9, 2018
—
Rowland Investments LLC
Rowland,james F & Jean E
Quit Claim 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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