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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Strip malls
492 Cherry St Sunbury, OH 43074-9307
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US66-0134939
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
51,805 SF
Lot
5.48 ac (238,839 SF)
APN
417-143-03-006-000
UPID
US66-0134939
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$745k
Owner & transaction history
Washington Enterprises III LLC · 14 yrs held
Washington Enterprises III LLC
since 2011
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 Sunbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunbury 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
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$14 / 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
$53,096
Tax year 2023
Assessed value
$1,144,470
Assessed 2023
Previous assessed
$831,780
+37.6% YoY
Effective rate
4.64%
On assessed value
Assessed land
$326,240
Assessed improvement
$818,230
Land market value
$932,100
Improvement market value
$2,337,800
Total market value
$3,269,900
Applied tax rate
37.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
YES
Cooling
YES
Stories
1
Total area
51,805 SF
Lot
5.48 ac (238,839 SF)
APN
417-143-03-006-000
UPID
US66-0134939
Jurisdiction
DELAWARE
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
1990
Heating
YES
Cooling
Yes
Stories
1
Lot
5.48 ac
Current owner
From public records · entity-resolved
Washington Enterprises III LLC
Entity
Mailing address
492 W CHERRY ST, SUNBURY, OH 43074-9307
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2019
—
Washington Ents III LLC
—
Loan Modification
related
$1,244,229 · Pnc Bk
Aug 8, 2016
—
Washington Enterprises LLC
—
Deed
related
$1,800,000 · Pnc Bank NA
Jan 25, 2013
—
Washington Ents III LLC
—
Deed Of Trust
related
$1,630,623 · Pnc Bank
Aug 26, 2011
$2,000,000
Washington Enterprises III LLC
David R Elson
Fiduciary Deed
$1,600,000 · The Delaware County Bank And Trust
Apr 1, 2010
—
Cherry Street Dev LLC
—
Trustees Deed
related
—
Jun 27, 2006
$3,450,000
Cherry Street Development LLC
Big Walnut Plaza Partnership
Limited Warranty Deed
$2,932,500 · The Delaware County Bank And Trust
—
—
Cherry Street Dev LLC
—
Deed Of Trust
related
$2,932,500 · Delaware County Bank & Trust
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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