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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Garden apartment buildings
5209 Dorshire Dr, Fairfield, OH 45014-1537
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-2443350
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1965
Total area
20,197 SF
Lot
1.13 ac (49,353 SF)
APN
A0700-008.000-027
UPID
US66-2443350
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
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$535k
Owner & transaction history
Fairfield Prop Hldgs 2 LLC · 7 yrs held
Fairfield Prop Hldgs 2 LLC
since 2019
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$26 / 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
$18,453
Tax year 2023
Assessed value
$329,600
Assessed 2023
Previous assessed
$274,880
+19.9% YoY
Effective rate
5.60%
On assessed value
Assessed land
$56,000
Assessed improvement
$273,600
Land market value
$160,000
Improvement market value
$781,710
Total market value
$941,710
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1965
Heating
HOT WATER
Cooling
NONE
Stories
2
Units
20
Bathrooms
3
Total area
20,197 SF
Lot
1.13 ac (49,353 SF)
APN
A0700-008.000-027
UPID
US66-2443350
Jurisdiction
BUTLER
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
1965
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
20
Bathrooms
3
Lot
1.13 ac
Current owner
From public records · entity-resolved
Fairfield Prop Hldgs 2 LLC
Entity
Mailing address
20301 ORCH RD, SARATOGA, CA 95070-5938
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2019
—
Fairfield Prop Hldgs 2 LLC
Ar Realty Ohio LLC
Quit Claim Deed
related
$7,650,000 · Hunt Mortgage
Feb 13, 2017
—
Ar Realty Ohio LLC
Dorshire Ar Realty LLC
Warranty Deed
$4,954,000 · Us Bank NA
Jan 3, 2013
$1,000,000
Dorshire Ar Realty LLC
SR Brock Apartments LLC
Warranty Deed
$726,483 · Us Bank NA
Oct 12, 2011
—
Srbrock Apartments LLC
—
Deed Of Trust
related
$1,000,000 · Scott C Grevey
Oct 26, 2000
—
SR Brock Apartments LLC
Brock,stephen R
Quit Claim Deed
related
—
Oct 2, 2000
—
Stephen R Brock
First National Bank Sw Ohio
Grant Deed
related
—
Mar 3, 1998
—
Kissel,theodore A & Pamela S
Qureshi,majid A & Farhat N
Trustees Deed
related
—
Mar 3, 1998
$690,000
First National Bank Sw Ohio
Kissel,theodore A & Pamela S
Trustees Deed
related
$710,000 · First National Bank Sw Ohio
—
—
Srbrock Apartments LLC
—
Deed Of Trust
related
$855,000 · Lasalle National Bank
—
—
Srbrock Apartments LLC
—
Deed Of Trust
related
$625,000 · Fifth Third 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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