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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Outlet malls
566 Wabash NW Ave New Philadelphia, OH 44663-4144
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-1443060
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1989
Total area
10,872 SF
Lot
1.05 ac (45,651 SF)
APN
43-06957.000
UPID
US66-1443060
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.30M
Owner & transaction history
Trimerge Futures LLC · 9 yrs held
Trimerge Futures LLC
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+63.2%
Commercial (general)
$1.1M
+10.7%
Office building
$965,000
+0.9%
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 Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Philadelphia 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%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
RETAIL STORES
$955,000
Current use
RESTAURANT
$1,560,000
Change: +63% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,060,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$965,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$910,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$119 / 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
$13,283
Tax year 2023
Assessed value
$814,320
Assessed 2023
Previous assessed
$285,012
+185.7% YoY
Effective rate
1.63%
On assessed value
Assessed land
$107,350
Assessed improvement
$706,970
Land market value
$107,350
Improvement market value
$706,970
Total market value
$814,320
Applied tax rate
43.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1989
Heating
NONE
Total area
10,872 SF
Lot
1.05 ac (45,651 SF)
APN
43-06957.000
UPID
US66-1443060
Jurisdiction
TUSCARAWAS
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
$955,000
RESTAURANT
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$910,000
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1989
Heating
NONE
Lot
1.05 ac
Current owner
From public records · entity-resolved
Trimerge Futures LLC
Entity
Mailing address
513 ML AVE SE STE #277, NEW PHILADELPHIA, OH 44663-3864
Ownership since
2016
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
Sep 22, 2021
—
Trimerge Futures LLC
—
Deed
related
$250,000 · Ball Walsh
Dec 18, 2019
—
Trimerge Futures LLC
—
Deed
related
$2,000,050 · First Federal Community Bank NA
Aug 8, 2016
$1,080,000
Trimerge Futures LLC
Fd New Philadelphia Holdings LLC
Limited Warranty Deed
$864,000 · First Federal Community Bank NA
Sep 19, 2011
$967,032
Fd New Philadelphia Holdings L
Fd New Philadelphia Ohio 566 W
Grant Deed
$725,274 · First Bk/charleston
Feb 14, 2011
$675,000
Fd New Philadelphia Ohio
Jbr Realty Ltd
Grant Deed
$675,000 · Commercial & Svgs Bk/mill
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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