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Property profile & analytics
FOR LEASE
Office buildings
4705 Duke Dr Mason, OH 45040
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1397853
For Lease
$14.50 SF/Yr
4705 Duke Dr, Mason, OH 45040
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,597 SF
Lot
6.69 ac (291,416 SF)
APN
16-26-188-009-0
UPID
US66-1397853
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
-
Ampacet Corporation Industrial Manufacturer Production Facility
-
Siemens Engineer Engineering Consultant
-
Atos IT Solutions and Services, Inc. Business Service Center Corporate Office
-
Vanderlande Industries Material Handling Equipment Supplier
-
NSC Global Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.99M
CAP Approach
CAP
$5.23M
Comparable Approach
Comparable
$4.94M
Blend (final)
Blend
$7.63M
Owner & transaction history
Hp Gov Pointe LLC · 1 yrs held
Hp Gov Pointe LLC
since 2025
Last sale
$10.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+92.4%
Retail stores
$6.7M
+58.5%
Auto repair, garage
$6.0M
+41.0%
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 Mason submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mason 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
$8,695,000
ML approach
$6,990,000
CAP Approach
CAP Return
Estimation
6%
$5,660,000
6.5%
$5,225,000
7%
$4,850,000
Alternative Use
Use
Estimation
RESTAURANT
$8,130,000
Change: +92% · Conversion: Moderate
RETAIL STORES
$6,695,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,955,000
Change: +41% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,895,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$7.63M
Range $6.87M – $8.39M · ±10% · vs last sale $10.45M (Apr 2 2025)
Last sale anchor
$10.45M
Apr 2 2025
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
$310 / 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
$299,054
Tax year 2023
Assessed value
$4,175,308
Assessed 2023
Previous assessed
$4,175,308
+0.0% YoY
Effective rate
7.16%
On assessed value
Assessed land
$316,103
Assessed improvement
$3,859,205
Land market value
$903,150
Improvement market value
$11,026,300
Total market value
$11,929,450
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
6
Total area
24,597 SF
Lot
6.69 ac (291,416 SF)
APN
16-26-188-009-0
UPID
US66-1397853
Jurisdiction
WARREN
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
$8.1M
RETAIL STORES
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$6.0M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
6
Lot
6.69 ac
Current owner
From public records · entity-resolved
Hp Gov Pointe LLC
Entity
Mailing address
4680 PKWY DR STE #115, MASON, OH 45040-8197
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
—
Forestar USA Real Estate Group INC
—
Deed
related
$75,660 · Dr Horton Indiana INC
Jan 29, 2026
—
Hp Gov Pointe LLC
—
Deed
related
$142,811,806 · Reznik Paz Nevo Trusts Ltd
Apr 2, 2025
$10,450,000
Hp Gov Pointe LLC
Cvg Partners IV LLC
Deed
$5,000,000 · Massa Capital LLC
Sep 27, 2022
—
Cvg Partners IV LLC
—
Deed
related
$2,000,000 · Pnc Bank NA
Jul 2, 2019
—
Cvg Partners IV LLC
—
Grant Deed
related
$57,000,000 · Bbva USA
Dec 11, 2015
$43,000,000
Cvg Partners IV LLC
Duke Realty Ohio
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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