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Property profile & analytics
OFF-MARKET
Estimated value
$7,085,000
Manufacturing properties
575 Quality Blvd Fairfield, OH 45014-2294
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-0197819
Property summary
AI-generated overview
This exceptional industrial property, located at 575 Quality Blvd in Fairfield, Ohio, presents a significant opportunity for lease. The single-tenant warehouse boasts a substantial 69,920 square feet of space, all currently vacant and ready for immediate occupancy. Built in 2003, the building features impressive 22' to 23' ceiling heights, providing ample vertical storage capacity. Loading and unloading are facilitated by 14 loading docks and 3 drive-in doors, ensuring efficient operations. The property sits on an expansive 11.959-acre lot, offering significant room for expansion or outdoor storage. Parking is plentiful, with 100 spaces available for employees and visitors. The warehouse is equipped with robust power capabilities, including 480-volt, 3-phase, 2,500 amps of power. The property's Butler County location, with a Fairfield zip code of 45014, offers excellent access to major transportation routes. The APN is A0700151000053 and A0700151000053T. This property is ideal for businesses requiring significant warehouse space and convenient access to transportation networks. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Total area
65,191 SF
Lot
11.96 ac (520,934 SF)
APN
A0700-151.000-053
UPID
US66-0197819
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
$7.46M
CAP Approach
CAP
$6.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.09M
Owner & transaction history
Gki Infill Cincinnati LLC · 4 yrs held
Gki Infill Cincinnati LLC
since 2022
Last sale
$7.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.5M
+282.1%
Neighborhood: shopping center
$7.5M
+147.7%
Medical building
$6.0M
+97.3%
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$6,980,000
ML approach
$7,460,000
CAP Approach
CAP Return
Estimation
6%
$6,835,000
6.5%
$6,310,000
7%
$5,860,000
Alternative Use
Use
Estimation
RESTAURANT
$11,535,000
Change: +282% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,475,000
Change: +148% · Conversion: Difficult
MEDICAL BUILDING
$5,955,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,900,000
Change: +95% · Conversion: Easy
RETAIL STORES
$4,670,000
Change: +55% · Conversion: Moderate
Blend value · Realmo final
$7.09M
Range $6.38M – $7.79M · ±10% · vs last sale $7.33M (Jul 7 2022)
Last sale anchor
$7.33M
Jul 7 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
$109 / 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
$73,642
Tax year 2023
Assessed value
$1,315,370
Assessed 2023
Previous assessed
$1,315,370
+0.0% YoY
Effective rate
5.60%
On assessed value
Assessed land
$163,610
Assessed improvement
$1,151,760
Land market value
$467,450
Improvement market value
$3,290,740
Total market value
$3,758,190
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
65,191 SF
Lot
11.96 ac (520,934 SF)
APN
A0700-151.000-053
UPID
US66-0197819
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
RESTAURANT
Est. value
$11.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RETAIL STORES
Est. value
$4.7M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2003
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Lot
11.96 ac
Current owner
From public records · entity-resolved
Gki Infill Cincinnati LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10275 W HIGGINS RD STE #810, ROSEMONT, IL 60018-5601
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2025
—
Gki Infill Cincinnati LLC
—
Deed
related
$100,000 · Morgan Stanley Mortgage Capital Holdings
Jul 7, 2022
$7,333,000
Gki Infill Cincinnati LLC
Fp Gimel Oh LP
Limited Warranty Deed
—
Mar 31, 2020
$5,304,000
Fp-gemel Oh LP
Bunnell Hill Dev Co
Grant Deed
$1,000,000 · Keybank USA
—
—
Bunnell Hill Dev Co INC
—
Deed Of Trust
related
$500,000 · Huntington National Bank
—
—
Bunnell Hill Dev Co INC
—
Deed Of Trust
related
$1,974,500 · Old Fort Bkng
—
—
Bunnell Hill Dev Co INC
—
Deed Of Trust
related
$840,000 · Huntington National 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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