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Property profile & analytics
OFF-MARKET
Estimated value
$16,125,000
Commercial real estate
4000 Millers Ln Duncan Falls, OH 43734-9750
Entity Owned
Free & Clear
Property ID
US66-3252055
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
116,641 SF
Lot
50 ac (2,178,000 SF)
APN
73-63-19-13-005
UPID
US66-3252055
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
-
Philo High School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.77M
Comparable Approach
Comparable
$11.14M
Blend (final)
Blend
$16.13M
Owner & transaction history
FRANKLIN LOCAL SCHOOL DISTRICT
FRANKLIN LOCAL SCHOOL DISTRICT
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$18.2M
+182.0%
Auto repair, garage
$12.4M
+92.2%
Apartment house (5+ units)
$10.7M
+66.6%
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 Duncan Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duncan Falls 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%
$19,245,000
6.5%
$17,765,000
7%
$16,495,000
Alternative Use
Use
Estimation
RESTAURANT
$18,180,000
Change: +182% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,390,000
Change: +92% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,740,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$10,160,000
Change: +58% · Conversion: Easy
Blend value · Realmo final
$16.13M
Range $14.51M – $17.74M · ±10%
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
$138 / 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
Assessed value
$4,863,285
Assessed 2023
Previous assessed
$4,863,285
+0.0% YoY
Assessed land
$55,650
Assessed improvement
$4,807,635
Land market value
$159,000
Improvement market value
$13,736,100
Total market value
$13,895,100
Applied tax rate
73.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2006
Heating
NONE
Stories
1
Total area
116,641 SF
Lot
50 ac (2,178,000 SF)
APN
73-63-19-13-005
UPID
US66-3252055
Jurisdiction
MUSKINGUM
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
$18.2M
AUTO REPAIR, GARAGE
Est. value
$12.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.7M
OFFICE BUILDING
Est. value
$10.2M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
2006
Heating
NONE
Stories
1
Lot
50 ac
Current owner
From public records · entity-resolved
FRANKLIN LOCAL SCHOOL DISTRICT
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 428, DUNCAN FALLS, OH 43734-0428
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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