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Property profile & analytics
OFF-MARKET
Estimated value
$17,640,000
Office buildings
500 Speedway Dr 550 Enon, OH 45323-1056
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-1179730
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Total area
138,149 SF
Lot
38.2 ac (1,663,992 SF)
Zoning code
I-1
APN
180-06-00031-100-060
UPID
US66-1179730
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
-
ATM Atm
-
Speedway Corporate Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.29M
Blend (final)
Blend
$17.64M
Owner & transaction history
EMRO MARKETING COMPANY
EMRO MARKETING COMPANY
Zoning & alternative use
I-1 · Enon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Office District CHAPTER 1147 "B-1" Neighborhood Business District CHAPTER 1148 "B-2" Community Business District CHAPTER 1149 "B-3" General Business District CHAPTER 1150 "B-4" Expressway Service District CHAPTER 1151 "I-1" Light Industrial District CHAPTER 1152 "I-2" General Industrial District CHAPTER 1153 "F" Flood Plain District CHAPTER 1154 Uses Not Wit…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
22.67 ac
Source
1135.02 DEFINITIONS.
Top alternative use upside
Restaurant
$19.9M
+81.8%
Auto repair, garage
$11.9M
+8.7%
Medical building
$11.9M
+8.5%
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 Enon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enon 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,965,000
Current use
RESTAURANT
$19,935,000
Change: +82% · Conversion: Moderate
AUTO REPAIR, GARAGE
$11,915,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$11,900,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$17.64M
Range $15.88M – $19.40M · ±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
$128 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$4,692,920
Assessed 2023
Previous assessed
$4,692,920
+0.0% YoY
Assessed land
$252,460
Assessed improvement
$4,440,460
Land market value
$721,300
Improvement market value
$12,687,040
Total market value
$13,408,340
Applied tax rate
180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Year built
1991
Heating
NONE
Buildings
2
Stories
3
Total area
138,149 SF
Lot
38.2 ac (1,663,992 SF)
Zoning code
I-1
APN
180-06-00031-100-060
UPID
US66-1179730
Jurisdiction
CLARK
Zoning & alternative use
I-1 · Enon, OHZoning I-1 · permitted uses
I-1 · Enon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Office District CHAPTER 1147 "B-1" Neighborhood Business District CHAPTER 1148 "B-2" Community Business District CHAPTER 1149 "B-3" General Business District CHAPTER 1150 "B-4" Expressway Service District CHAPTER 1151 "I-1" Light Industrial District CHAPTER 1152 "I-2" General Industrial District CHAPTER 1153 "F" Flood Plain District CHAPTER 1154 Uses Not Within a Specific District CHAPTER 1155 Planned Development Districts CHAPTER 1156 "P
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
22.67 ac
Source
1135.02 DEFINITIONS.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.0M
RESTAURANT
Est. value
$19.9M
AUTO REPAIR, GARAGE
Est. value
$11.9M
MEDICAL BUILDING
Est. value
$11.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1991
Heating
NONE
Stories
3
Buildings
2
Lot
38.2 ac
Current owner
From public records · entity-resolved
EMRO MARKETING COMPANY
Entity
Free & Clear · 0 yrs held
Mailing address
539 S MAIN ST, FINDLAY, OH 45840-3229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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