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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Retail space
524 Dayton Lakeview Rd, New Carlisle, OH 45344-2111
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2457957
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
CONCRETE BLOCKS
Total area
37,229 SF
Lot
5.93 ac (258,311 SF)
APN
030-05-00033-000-116
UPID
US66-2457957
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
$1.74M
CAP Approach
CAP
$2.24M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.74M
Owner & transaction history
Health Partners Of Western Ohio INC · 2 yrs held
Health Partners Of Western Ohio INC
since 2024
Last sale
$1.7M
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 New Carlisle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Carlisle 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
$1,735,000
ML approach
$1,735,000
CAP Approach
CAP Return
Estimation
6%
$2,430,000
6.5%
$2,240,000
7%
$2,080,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,480,000
Current use
COMMERCIAL (GENERAL)
$2,270,000
Change: -8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,140,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.74M (Jul 2 2024)
Last sale anchor
$1.74M
Jul 2 2024
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
$47 / 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
$11,275
Tax year 2023
Assessed value
$166,240
Assessed 2023
Previous assessed
$166,240
+0.0% YoY
Effective rate
6.78%
On assessed value
Assessed land
$34,620
Assessed improvement
$131,620
Land market value
$98,910
Improvement market value
$376,060
Total market value
$474,970
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Total area
37,229 SF
Lot
5.93 ac (258,311 SF)
APN
030-05-00033-000-116
UPID
US66-2457957
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1976
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
5.93 ac
Current owner
From public records · entity-resolved
Health Partners Of Western Ohio INC
Entity
Mailing address
524 N DAYTON LAKEVIEW RD, NEW CARLISLE, OH 45344-2111
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 2, 2024
$1,735,000
Health Partners Of Western Ohio INC
Devatha Dayton Lakeview LLC
Warranty Deed
—
Oct 18, 2023
—
Devatha Dayton Lakeview LLC
Vijaya Devatha
Intrafamily Transfer
related
—
Oct 28, 2011
$181,500
Vijaya Devatha
Sorg,matthew C
Grant Deed
$154,275 · Security National Bank
—
—
Ashok Devatha
—
Deed Of Trust
related
$200,000 · Security National Bank
—
—
Ashok Devatha
—
Deed Of Trust
related
$600,000 · Security National Bank
—
—
Tecumseh Ymca Fam Center INC
—
Deed Of Trust
related
$1,200,000 · National City Bank
—
—
Tecumseh Ymca Fam Center INC
—
Deed Of Trust
related
$478,000 · Key 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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