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Property profile & analytics
OFF-MARKET
Medical Office Space
51 Main St, Dayton, OH 45459
Entity Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0390385
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
0.14 ac (5,929 SF)
APN
O68 00103 0010
UPID
US66-0390385
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
-
Law Office of Terry W. Posey, Sr. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Interesting Development LLC · 27 yrs held
Interesting Development LLC
since 1999
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,117
Tax year 2023
Assessed value
$13,990
Assessed 2023
Previous assessed
$12,170
+15.0% YoY
Effective rate
7.98%
On assessed value
Assessed land
$11,450
Assessed improvement
$2,540
Land market value
$32,720
Improvement market value
$7,270
Total market value
$39,990
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.14 ac (5,929 SF)
APN
O68 00103 0010
UPID
US66-0390385
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
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Interesting Development LLC
Entity
Mailing address
230 W MONROE ST STE #1920, CHICAGO, IL 60606-4911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2024
—
55 North Main LLC
—
Deed
related
$130,300,000 · Capital One NA
Sep 15, 2010
—
Interesting Devs LLC
—
Deed Of Trust
related
$1,152,844 · Old Fort Banking Co
Jul 16, 2003
—
Interesting Development LLC
—
Deed Of Trust
related
$1,003,579 · National City Bank
Apr 5, 1999
$275,000
Interesting Development LLC
England,melvin S & Nancy M
Grant Deed
$400,000 · National City Bank
—
—
Interesting Devs LLC
—
Deed Of Trust
related
$745,125 · Old Fort Banking Co
—
—
Interesting Devs LLC
—
Deed Of Trust
related
$400,000 · Old Fort Banking Co
—
—
Interesting Devs LLC
—
Deed Of Trust
related
$781,226 · Old Fort Banking Co
—
—
Interesting Devs LLC
—
Deed Of Trust
related
$264,000 · Old Fort Banking Co
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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