Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties
5495 Meese NE Rd Louisville, OH 44641-6302
Individually Owned
~
Est. High Equity
Property ID
US66-2324643
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2003
Construction
BRICK
Total area
3,786 SF
Lot
19.65 ac (855,954 SF)
APN
33-09486
UPID
US66-2324643
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph S Blascak IV
Joseph S Blascak IV
since 2026
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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$34
Tax year 2023
Assessed value
$196,390
Assessed 2023
Previous assessed
$196,390
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$38,610
Assessed improvement
$157,780
Land market value
$110,300
Improvement market value
$450,800
Total market value
$561,100
Applied tax rate
300.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2003
Construction
BRICK
Heating
GAS
Cooling
CENTRAL
Stories
2
Bathrooms
5
Total area
3,786 SF
Lot
19.65 ac (855,954 SF)
APN
33-09486
UPID
US66-2324643
Jurisdiction
STARK
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
2003
Construction
BRICK
Heating
GAS
Cooling
Yes
Stories
2
Bathrooms
5
Lot
19.65 ac
Current owner
From public records · entity-resolved
Joseph S Blascak IV
Individual
Mailing address
7490 EDISON ST NE, HARTVILLE, OH 44632-9328
Ownership since
2026
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
Mar 25, 2026
$900,000
Joseph S Blascak IV
Pegasus Farm Properties INC
Warranty Deed
$832,750 · A&d Mortgage LLC
Jun 17, 2021
—
Pegasus Farm Properties INC
Pegasus Farm
Limited Warranty Deed
—
Jul 31, 2017
$550,000
Farm Pegasus
5495 Meese LLC
Warranty Deed
—
Nov 22, 2016
—
5495 Meese LLC
Nicely,richard A
Quit Claim Deed
related
—
Dec 11, 2015
—
Richard A Nicely
Noble Dreams Farm LLC
Quit Claim Deed
related
—
Sep 30, 2015
—
Noble Dreams Farm LLC
Nicely,richard A
Warranty Deed
—
Oct 21, 2014
—
Richard A Nicely
Reilly,jo A
Quit Claim Deed
related
—
Jun 4, 2014
—
Richard A Nicely
Nicely,richard A
Quit Claim Deed
related
—
Feb 17, 2004
—
Carolyn M Karasarides
Karasarides,christos JR & Carolyn M
Quit Claim Deed
related
—
—
—
Christos Karasarides JR.
—
Deed Of Trust
related
$231,980 · Bank One NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5495 Meese NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
