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Property profile & analytics
OFF-MARKET
Bars & Pubs
400 National Rd Vandalia, OH 45377-2307
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-2360060
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1973
Construction
FRAME
Total area
1,891 SF
Lot
0.34 ac (14,941 SF)
APN
B02 01021 0002
UPID
US66-2360060
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
-
Max's Sports and Spirits Bar & Pub
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
Maxs Properties Unlimited LLC · 8 yrs held
Maxs Properties Unlimited LLC
since 2018
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 Vandalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vandalia 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
$4,106
Tax year 2023
Assessed value
$58,520
Assessed 2023
Previous assessed
$58,520
+0.0% YoY
Effective rate
7.02%
On assessed value
Assessed land
$27,740
Assessed improvement
$30,780
Land market value
$79,250
Improvement market value
$87,950
Total market value
$167,200
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
1,891 SF
Lot
0.34 ac (14,941 SF)
APN
B02 01021 0002
UPID
US66-2360060
Jurisdiction
MONTGOMERY
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
1973
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Maxs Properties Unlimited LLC
Entity
Mailing address
400 E NATIONAL RD, VANDALIA, OH 45377-2307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Maxs Properties Unlimited LLC
—
Deed
related
$150,000 · Park National Bank
Jul 31, 2023
—
Max S Properties Unlimited LLC
—
Deed
related
$50,000 · Park National Bank
Jan 27, 2023
—
Maxs Properties Unlimited LLC
—
Deed
related
$500,000 · Park National Bank
May 4, 2018
—
Maxs Properties Unlimited LLC
—
Deed
related
$395,000 · Midusa Cu
Mar 29, 2018
—
Maxs Properties Unlimited LLC
Maxs Sports & Spirits INC
Quit Claim Deed
related
—
Nov 2, 2012
$175,000
Maxs Sports & Spirits INC
Smith,william C
Warranty Deed
$166,250 · William C Smith
Apr 4, 2008
—
William C Smith
Bill Smith Ents Ltd
Quit Claim Deed
related
—
Jan 27, 2000
$300,000
Bill Smith Enterprises Ltd
Heinz,john P & Linda L
Grant Deed
—
—
—
Maxs Properties Unlimited LLC
—
Deed Of Trust
related
$395,000 · Midusa Cu
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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