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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail space
535 Main St Springboro, OH 45066
Entity Owned
20-yr Hold
Free & Clear
Property ID
US66-1469843
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
BRICK
Total area
7,686 SF
Lot
1.68 ac (73,181 SF)
APN
04-14-253-049-0
UPID
US66-1469843
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
-
Kim Muncy, Coldwell Banker Heritage Real Estate Agency
-
Ashton Rentz, Coldwell Banker Heritage Real Estate Agency
-
Sheri Hayes, Coldwell Banker Heritage Real Estate Agency
-
Stacie Ayson, Realtor with Coldwell Banker Heritage Real Estate Agency
-
Tamara Knox, Realtor, Coldwell Banker Heritage Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$945k
Owner & transaction history
Colleen Bossi Co LLC · 20 yrs held
Colleen Bossi Co LLC
since 2006
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.5M
+38.2%
Office building
$1.3M
+20.0%
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 Springboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springboro 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%
$1,250,000
6.5%
$1,155,000
7%
$1,070,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,105,000
Current use
INDUSTRIAL (GENERAL)
$1,530,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$1,330,000
Change: +20% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,010,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$123 / 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
$13,459
Tax year 2023
Assessed value
$262,185
Assessed 2023
Previous assessed
$262,185
+0.0% YoY
Effective rate
5.13%
On assessed value
Assessed land
$73,500
Assessed improvement
$188,685
Land market value
$210,000
Improvement market value
$539,100
Total market value
$749,100
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
7,686 SF
Lot
1.68 ac (73,181 SF)
APN
04-14-253-049-0
UPID
US66-1469843
Jurisdiction
WARREN
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
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2006
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
Colleen Bossi Co LLC
Entity
Free & Clear · 20 yrs held
Mailing address
5884 BATSFORD DR, DAYTON, OH 45459-1414
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
—
Colleen Bossi Co LLC
—
Deed
related
$832,000 · Civitas Bank
Oct 6, 2016
—
Colleen Bossi Co LLC
—
Deed
related
$850,000 · First Fin'l Bk&tr
May 23, 2006
$426,000
Colleen Bossi Co LLC
Eaton,robert W JR
Warranty Deed
—
—
—
Colleen Bossi Co LLC
—
Deed Of Trust
related
$1,050,000 · Farm Bureau Life Ins Michigan
—
—
Colleen Bossi Co LLC
—
Deed Of Trust
related
$850,000 · First Fin'l Bk&tr
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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