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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Warehouses
5520 Salem Bnd Dr, Dayton, OH 45426-1408
Entity Owned
~
Est. High Equity
Property ID
US66-0089271
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Construction
WOOD
Total area
12,080 SF
Lot
5.03 ac (219,107 SF)
APN
H33 01503 0001
UPID
US66-0089271
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
-
StorSafe of Trotwood Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$615k
Owner & transaction history
Hp Storage Owner I LLC
Hp Storage Owner I LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$795,000
+90.4%
Auto repair, garage
$755,000
+80.8%
Retail stores
$730,000
+74.8%
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$420,000
Current use
OFFICE BUILDING
$795,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$755,000
Change: +81% · Conversion: Easy
RETAIL STORES
$730,000
Change: +75% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$600,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$51 / 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
$54,217
Tax year 2023
Assessed value
$570,950
Assessed 2023
Previous assessed
$543,760
+5.0% YoY
Effective rate
9.50%
On assessed value
Assessed land
$126,540
Assessed improvement
$444,410
Land market value
$361,530
Improvement market value
$1,269,750
Total market value
$1,631,280
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Units
539
Total area
12,080 SF
Lot
5.03 ac (219,107 SF)
APN
H33 01503 0001
UPID
US66-0089271
Jurisdiction
MONTGOMERY
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
WAREHOUSE, STORAGE Current
Est. value
$420,000
OFFICE BUILDING
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$600,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
539
Lot
5.03 ac
Current owner
From public records · entity-resolved
Hp Storage Owner I LLC
Entity
Mailing address
5520 SALEM BND DR FL, DAYTON, OH 45426-1408
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
Hp Storage Owner I LLC
Hp Storage Owner LLC
Special Warranty Deed
related
$10,050,000 · Barclays Capital R/e
Sep 3, 2024
—
Hp Storage Owner LLC
Storage USA LLC
Intrafamily Transfer
related
—
Jan 11, 2022
—
Storage USA LLC
—
Deed
related
$4,275,000 · First Merchants Bank
Aug 25, 2014
—
A Storage USA LLC
—
Grant Deed
related
$2,775,000 · Keybank Nat'l Assn/edgewood
Jun 6, 2007
$1,140,000
A Storage USA LLC
Ess Prisa II LLC
Grant Deed
—
Jul 29, 2005
—
Ess Prisa II LLC
Wb Storage Associates 1
Grant Deed
—
—
—
Storage USA LLC
—
Deed Of Trust
related
$1,896,000 · Wells Fargo 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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