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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Garden apartment buildings
4702 Pennswood Dr Dayton, OH 45424
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-2360198
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
9,204 SF
Lot
8.22 ac (358,020 SF)
APN
P70 04003 0145
UPID
US66-2360198
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$645k
Owner & transaction history
Pennswood Drive Apartments LLC · 13 yrs held
Pennswood Drive Apartments LLC
since 2012
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$575,000
+25.1%
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$460,000
Current use
AUTO REPAIR, GARAGE
$575,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$440,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$435,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$70 / 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
$99,280
Tax year 2023
Assessed value
$1,274,660
Assessed 2023
Previous assessed
$1,138,090
+12.0% YoY
Effective rate
7.79%
On assessed value
Assessed land
$157,000
Assessed improvement
$1,117,660
Land market value
$448,560
Improvement market value
$3,193,300
Total market value
$3,641,860
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
2
Units
8
Bathrooms
13
Total area
9,204 SF
Lot
8.22 ac (358,020 SF)
APN
P70 04003 0145
UPID
US66-2360198
Jurisdiction
MONTGOMERY
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$460,000
AUTO REPAIR, GARAGE
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
RETAIL STORES
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$435,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Units
8
Bathrooms
13
Lot
8.22 ac
Current owner
From public records · entity-resolved
Pennswood Drive Apartments LLC
Entity
Mailing address
530 SILAS DEANE HWY #600, WETHERSFIELD, CT 06109-2234
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2012
$3,200,000
Pennswood Drive Apartments LLC
Us Bank NA 2005-top18
Grant Deed
$2,275,000 · Peoples United Bank
Sep 16, 2011
$2,225,998
Bank Of America NA 2005-top18
Sheriff Of Montgomery County
Trustees Deed
related
—
Jan 26, 2005
$4,775,000
Batim One LLC
Parliament Park Apartments LP
Limited Warranty Deed
$4,058,750 · Morgan Stanley Mortgage Capital INC
—
—
Pennswood Drive Apartments LLC
—
Loan Modification
related
$2,175,000 · People's United Bk
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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