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Property profile & analytics
OFF-MARKET
Estimated value
$4,345,000
Warehouses
4450 Poth Rd Whitehall, OH 43213-3837
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1259545
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Total area
24,872 SF
Lot
20.27 ac (882,831 SF)
APN
090-007554
UPID
US66-1259545
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
$4.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$4.35M
Owner & transaction history
Cbus Real 1 LLC · 6 yrs held
Cbus Real 1 LLC
since 2020
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.7M
+168.7%
Auto repair, garage
$3.9M
+86.9%
Apartment house (5+ units)
$3.6M
+70.8%
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 Whitehall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitehall 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
$4,885,000
ML approach
$4,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,670,000
Change: +169% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,945,000
Change: +87% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,605,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$3,400,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$3,360,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,690,000
Change: +27% · Conversion: Moderate
RETAIL STORES
$2,650,000
Change: +25% · Conversion: Moderate
Blend value · Realmo final
$4.35M
Range $3.91M – $4.78M · ±10% · vs last sale $4.50M (Jul 2 2020)
Last sale anchor
$4.50M
Jul 2 2020
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
$175 / 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
$122,064
Tax year 2023
Assessed value
$1,629,120
Assessed 2023
Previous assessed
$732,110
+122.5% YoY
Effective rate
7.49%
On assessed value
Assessed land
$877,770
Assessed improvement
$751,350
Land market value
$2,507,900
Improvement market value
$2,146,700
Total market value
$4,654,600
Applied tax rate
90.0000
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
Off-Market
Year built
1956
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
24,872 SF
Lot
20.27 ac (882,831 SF)
APN
090-007554
UPID
US66-1259545
Jurisdiction
FRANKLIN
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
$5.7M
AUTO REPAIR, GARAGE
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1956
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
20.27 ac
Current owner
From public records · entity-resolved
Cbus Real 1 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
811 N MAIN ST, BELLEFONTAINE, OH 43311-2376
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2020
$456,000
Cbus Real 1 LLC
Poth Road Two LLC
Warranty Deed
related
—
May 20, 2020
—
Poth Road One LLC
Poth Road Two LLC
Quitclaim Deed
related
—
Nov 18, 2019
—
Poth Road One LLC
—
Loan Modification
related
$5,200,000 · First Cmnwlt Bk
Apr 30, 2019
—
Poth Road Two LLC
Robinson Invs
Quit Claim Deed
related
—
May 17, 2017
—
Poth Road One LLC
Robinson Investments Ltd
Quit Claim Deed
related
—
Nov 7, 2014
—
Robinson Investments Ltd
—
Grant Deed
related
$4,000,000 · Liberty Nat'l Bk
Jun 14, 2013
$2,900,000
Robinson Investments Ltd
4450 Poth Road LLC
Grant Deed
$2,000,000 · Liberty National Bank
Sep 8, 2005
—
Title Guarantee Title & Trust Com
Kroger
Quit Claim Deed
related
—
Sep 8, 2005
$4,100,000
4450 Poth Road LLC
Kroger
Grant Deed
$3,505,000 · Pnc Bank
Jan 31, 2005
—
Kroger Co
One Holdings INC
Quit Claim Deed
related
—
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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