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    Property profile & analytics

    425 Russell Rd Sidney, OH 45365-1454

    • Medical offices
    • 3,726 SF
    • 0.52 lot acres
    OFF-MARKET
    Last Sale
    Jun 10, 2025
    Value Estimations
    $345,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-3084032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mid West Ohio Dental Care / Dentist
    • Dr. Damen Patel, DDS / Dentist
    • Dr. Patrick J. Sovacool, DDS / Dentist
    • Charles Edelen / Dentist

    Property Details for 425 Russell Rd

    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    3,726 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    01-1825127.020
    APU
    11825127020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $350,000
      ML approach
      $415,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $273,000
      Market price range: $140k - $348k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sidney
    County
    Shelby
    State
    Ohio
    Longitude
    -84.1628
    Latitude
    40.3019
    CBSA code
    43380
    CBSA name
    SIDNEY, OH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,391
    $26,430
    $71,820
    $98,250
    -
    $75,500
    $205,190
    $280,690

    Comparable in this City

    • Value Estimation
      $455,000
      3,289 SF

      2097 Russell Rd

      MEDICAL BUILDING • 3,289 SF
      2097 Russell Rd, Sidney, OH 45365-8683
      View Details
    • Value Estimation
      $1,190,000
      5,056 SF

      1015 Fair Rd

      MEDICAL BUILDING • 5,056 SF
      1015 Fair Rd, Sidney, OH 45365-8947
      View Details
    • Value Estimation
      $845,000
      6,462 SF

      1023 Fair Rd

      MEDICAL BUILDING • 6,462 SF
      1023 Fair Rd, Sidney, OH 45365-8947
      View Details
    • Value Estimation
      $270,000
      6,108 SF

      671 Vandemark Rd

      MEDICAL BUILDING • 6,108 SF
      671 Vandemark Rd, Sidney, OH 45365-3552
      View Details
    • Value Estimation
      $235,000
      2,146 SF

      1445 Main Ave

      MEDICAL BUILDING • 2,146 SF
      1445 Main Ave, Sidney, OH 45365-1782
      View Details
    • Value Estimation
      $80,000
      1,152 SF

      1130 Wapakoneta Ave

      MEDICAL BUILDING • 1,152 SF
      1130 Wapakoneta Ave, Sidney, OH 45365-1461
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Sidney, OH Commercial Outlot

      Shovel-ready, high-traffic retail opportunity.
      0 Michigan St 47 & Lester Ave, Sidney, OH 45365
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    • $169,900
      3,020 SF

      Income-Producing Duplex with Garage Rental

      Duplex with two units and a leased two-car garage.
      414 E Court St, Sidney, OH 45365
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    • $120,000
      5.93 Acres

      Land in Sidney, Ohio

      5.93 acres suitable for residential or agricultural development.
      Fair Rd, Sidney, OH 45365
      View Details
    • $65,000
      1,617 SF

      Land Near Interstate in Sidney

      Build-ready land with utilities in place near the interstate.
      Creekside Ct, Sidney, OH 45365
      View Details
    • $40,000
      0.25 Acres

      Land For Sale, Sidney, OH

      Land available near shopping and restaurants in Sidney, Ohio.
      1901 Shawnee Dr, Sidney, OH 45365
      View Details
    • $730,000
      7.30 Acres

      Level Land Parcel in Sidney

      Large, flat 7.3 acre lot with city utilities in Sidney.
      Norcold Dr, Sidney, OH 45365
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      395,862 SF

      Burr Oak: Sidney, OH Development

      132-acre mixed-use development, I-75 access.
      0 St Marys Ave, Sidney, OH 45365
      View Details
    • $8 SF/Yr
      7,450 SF

      Remodeled Office Space For Lease

      Newly remodeled office space in a rapidly growing area.
      600 S Kuther Rd, Sidney, OH 45365
      View Details
    • $47,425
      9,485 SF

      Sidney Flex Space with Shop

      Flex space with office and shop areas, convenient highway access.
      171 S Lester Ave, Sidney, OH 45365
      View Details
    • $4,000 /Mo
      4,000 SF

      Office and Warehouse Space Available

      4,000 sq ft office and warehouse space for lease.
      1705 Wapakoneta Ave, Sidney, OH 45365
      View Details
    • $1,500 /Mo
      1,520 SF

      Downtown Sidney Office Space Available

      Move-in ready commercial space in a high-traffic downtown location.
      110 N Ohio Ave, Sidney, OH 45365
      View Details
    • $4 SF/Yr
      50,000 SF

      Versatile Industrial Property with Storage

      Industrial property featuring heavy power, outside and cold storage.
      603-619 N Oak Ave, Sidney, OH 45365
      View Details
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    425 Russell Rd
    Sidney, OH 45365-1454
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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