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Property profile & analytics
FOR LEASE
Warehouses
4225 Dues Dr West Chester, OH 45246
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1876865
For Lease
1 / 2
$18,635,000
4225 Dues Dr, West Chester, OH 45246
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
246,102 SF
Lot
12.6 ac (548,856 SF)
APN
M5620-050.000-031
UPID
US66-1876865
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
by Request
CAP Approach
CAP
$22.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.64M
Owner & transaction history
Plymouth 4225 4331 Dues Drive Oh Ll · 4 yrs held
Plymouth 4225 4331 Dues Drive Oh Ll
since 2022
Last sale
$17.8M
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
$16,900,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,995,000
6.5%
$22,150,000
7%
$20,565,000
Blend value · Realmo final
$18.64M
Range $16.77M – $20.50M · ±10% · vs last sale $17.75M (Mar 8 2022)
Last sale anchor
$17.75M
Mar 8 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
$76 / 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
$46,394
Tax year 2023
Assessed value
$2,538,050
Assessed 2023
Previous assessed
$2,165,930
+17.2% YoY
Effective rate
1.83%
On assessed value
Assessed land
$305,310
Assessed improvement
$2,232,740
Land market value
$872,300
Improvement market value
$6,379,260
Total market value
$7,251,560
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1972
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Total area
246,102 SF
Lot
12.6 ac (548,856 SF)
APN
M5620-050.000-031
UPID
US66-1876865
Jurisdiction
BUTLER
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
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
12.6 ac
Current owner
From public records · entity-resolved
Plymouth 4225 4331 Dues Drive Oh Ll
Individual
Mailing address
20 CUSTOM HOUSE ST STE #11, BOSTON, MA 02110-3534
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Plymouth 4225 4331 Dues Drive Oh Ll
—
Deed
related
$100,000 · Citi Real Estate Funding INC
Mar 8, 2022
$17,750,000
Plymouth 4225 4331 Dues Drive Oh Ll
Icon Us Industrial Owner Pool 2 LLC
Limited Warranty Deed
—
May 15, 2020
—
Icon Us Indl Owner Pool 2 LLC
—
Deed
related
$649,427,615 · Deutsche Bk Ag/ny Branch
Sep 30, 2019
—
Icon Us Indl Owner Pool 2 LLC
—
Grant Deed
related
$1,550,000,000 · Deutsche Bk Ag
Sep 12, 2017
—
Icon Us Indl Owner Pool 2 LLC
—
Deed
related
$385,000 · Miscellaneous Ins Co
Mar 16, 2015
—
Icon Us Industrial Owner Pool
Bre Of Us Industrial Properties
Grant Deed
—
Nov 23, 2010
—
Bre Of Us Industrial Props LLC
Prologis
Grant Deed
—
—
—
Icon Us Indl Owner Pool 2 LLC
—
Loan Modification
related
$649,427,615 · Deutsche Bk Ag/ny Branch
—
—
Icon Us Indl Owner Pool 2 LLC
—
Deed Of Trust
related
$385,000 · Miscellaneous Ins Co
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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