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Property profile & analytics
OFF-MARKET
Estimated value
$11,130,000
Showrooms
5305 Muhlhauser Rd West Chester, OH 45011
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1982390
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Total area
137,243 SF
Lot
7.44 ac (323,869 SF)
APN
M5610-001.000-067
UPID
US66-1982390
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
$9.41M
CAP Approach
CAP
$7.09M
Comparable Approach
Comparable
$9.75M
Blend (final)
Blend
$11.13M
Owner & transaction history
Cinci Avalair Holdings LLC · 4 yrs held
Cinci Avalair Holdings LLC
since 2022
Last sale
$11.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.5M
+154.8%
Neighborhood: shopping center
$15.2M
+148.7%
Auto repair, garage
$11.3M
+85.7%
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
$11,095,000
ML approach
$9,410,000
CAP Approach
CAP Return
Estimation
6%
$7,685,000
6.5%
$7,090,000
7%
$6,585,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$15,545,000
Change: +155% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$15,180,000
Change: +149% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,330,000
Change: +86% · Conversion: Difficult
OFFICE BUILDING
$9,410,000
Change: +54% · Conversion: Easy
RETAIL STORES
$8,975,000
Change: +47% · Conversion: Easy
WAREHOUSE, STORAGE
$6,770,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$11.13M
Range $10.02M – $12.24M · ±10% · vs last sale $11.65M (Jun 2 2022)
Last sale anchor
$11.65M
Jun 2 2022
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
$81 / 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
$48,007
Tax year 2023
Assessed value
$2,499,570
Assessed 2023
Previous assessed
$2,107,550
+18.6% YoY
Effective rate
1.92%
On assessed value
Assessed land
$147,440
Assessed improvement
$2,352,130
Land market value
$421,270
Improvement market value
$6,720,360
Total market value
$7,141,630
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2007
Heating
HOT WATER
Cooling
NONE
Stories
1
Total area
137,243 SF
Lot
7.44 ac (323,869 SF)
APN
M5610-001.000-067
UPID
US66-1982390
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$15.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.2M
AUTO REPAIR, GARAGE
Est. value
$11.3M
OFFICE BUILDING
Est. value
$9.4M
RETAIL STORES
Est. value
$9.0M
WAREHOUSE, STORAGE
Est. value
$6.8M
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2007
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
7.44 ac
Current owner
From public records · entity-resolved
Cinci Avalair Holdings LLC
Entity
Mailing address
411 BLVD OF AMERICAS STE #207, LAKEWOOD, NJ 08701-4893
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
$11,651,407
Cinci Avalair Holdings LLC
Muehauser Partners LLC
Limited Warranty Deed
$22,000,000 · Bellco Cu
Dec 13, 2021
—
Flexential LLC
Mulhauser Partners LLC
Lease
—
Jun 3, 2021
—
Mulhauser Partners LLC
—
Deed
related
$7,500,000 · State Farm Life Insurance Co
Aug 3, 2011
—
Mulhauser Partners LLC
—
Deed Of Trust
related
$8,600,000 · Thrivent Financial For Luthera
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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