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Property profile & analytics
OFF-MARKET
Estimated value
$2,210,000
Outlet malls
480 Miamisburg Centerville Rd, Dayton, OH 45459-4752
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2036322
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1999
Total area
81,000 SF
Lot
9 ac (391,996 SF)
APN
O67 22324 0001
UPID
US66-2036322
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
-
HomeBuys - Dayton Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.21M
Owner & transaction history
Mc Road Investment LLC · 4 yrs held
Mc Road Investment LLC
since 2021
Last sale
$2.6M
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 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
$1,840,000
ML approach
$1,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.21M
Range $1.99M – $2.43M · ±10% · vs last sale $2.56M (Dec 15 2021)
Last sale anchor
$2.56M
Dec 15 2021
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
$27 / 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
$108,837
Tax year 2023
Assessed value
$1,273,810
Assessed 2023
Previous assessed
$897,050
+42.0% YoY
Effective rate
8.54%
On assessed value
Assessed land
$716,750
Assessed improvement
$557,060
Land market value
$2,047,870
Improvement market value
$1,591,590
Total market value
$3,639,460
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1999
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
81,000 SF
Lot
9 ac (391,996 SF)
APN
O67 22324 0001
UPID
US66-2036322
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
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
1
Lot
9 ac
Current owner
From public records · entity-resolved
Mc Road Investment LLC
Entity
Mailing address
2350 CROSS POINTE DR, MIAMISBURG, OH 45342-3599
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
$2,563,000
Mc Road Investment LLC
Nation Land Company LLC
Warranty Deed
$1,922,250 · Farmers & Merchants Bank
Jan 23, 2019
—
Nation Land Co LLC
—
Deed
related
$8,000,000 · Westfield Bk Fsb
May 12, 2017
—
Nation Land Co LLC
—
Grant Deed
related
$6,000,000 · Westfield Bk Fsb
Dec 11, 2015
$1,800,000
Nation Land Co LLC
Mulqueen & Sons LLC
Grant Deed
—
Nov 6, 2014
—
Mulqueen & Sons LLC
—
Grant Deed
related
$1,500,000 · Cherrywood Com'l Lndg
Jun 25, 2004
—
Mulqueen & Sons LLC
Mulqueen & Sons INC
Quit Claim Deed
related
—
—
—
Nation Land Co LLC
—
Loan Modification
related
$8,000,000 · Westfield Bk Fsb
—
—
Mulqueen & Sons LLC
—
Deed Of Trust
related
$4,000,000 · American Equity Inv Life Ins
—
—
Nation Land Co LLC
—
Deed Of Trust
related
$9,500,000 · Firstmerit Bk
—
—
Nation Land Co LLC
—
Deed Of Trust
related
$4,000,000 · Westfield Bk Fsb
—
—
Mulqueen & Sons LLC
—
Deed Of Trust
related
$19,358 · National City Bank
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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