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Property profile & analytics
OFF-MARKET
Office buildings
407 Broad St, Fairborn, OH 45324-5237
Individually Owned
1-yr Hold
Free & Clear
Property ID
US66-5510703
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1932
Total area
3,316 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B-3
APN
A02-0001-0004.0-0016.00
UPID
US66-5510703
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
-
Flatter Insurance Inc Insurance Agency
-
Joe Flatter Auction Co Trade Show Venue (Bike/Boat/Book/etc) Store
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
Joe W Flatter JR · 1 yrs held
Joe W Flatter JR
since 2025
3 recorded transactions
Zoning & alternative use
B-3 · Fairborn, OH
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 Fairborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairborn 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
$2,943
Tax year 2023
Assessed value
$50,470
Assessed 2023
Previous assessed
$48,270
+4.6% YoY
Effective rate
5.83%
On assessed value
Assessed land
$22,870
Assessed improvement
$27,600
Land market value
$65,340
Improvement market value
$78,850
Total market value
$144,190
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
1932
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
3,316 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B-3
APN
A02-0001-0004.0-0016.00
UPID
US66-5510703
Jurisdiction
GREENE
Zoning & alternative use
B-3 · Fairborn, OH
Zoning B-3 · permitted uses
B-3 · Fairborn, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairborn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Joe W Flatter JR
Individual
Free & Clear · 1 yrs held
Mailing address
407 N BROAD ST, FAIRBORN, OH 45324-5237
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
Joe W Flatter JR
Angela M Flatter
Quitclaim Deed
related
—
Dec 21, 2007
$93,600
Joe W Flatter JR
Joe W Flatter SR.
Intrafamily Transfer
related
$93,600 · Us Bank NA
—
—
Joe W Flatter JR.
—
Deed Of Trust
related
$113,720 · Us Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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