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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Retail space
592 12th NW St Carrollton, OH 44615-9413
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-1982016
Property summary
AI-generated overview
This exceptional retail opportunity in Carrollton, Ohio, presents 10,000 square feet of immediately available space within a thriving neighborhood center. Located at 592 12th St NW, this Class B property offers flexible lease terms and a variety of options to suit your business needs. The space is part of a larger complex totaling 43,415 square feet, spread across three single-story buildings situated on a generous 2.13-acre lot. Units are divisible to a minimum of 2,000 square feet, with a maximum contiguous space of 8,000 square feet available. This allows for businesses of various sizes to find a suitable fit. The property's location in Carrollton, Ohio, zip code 44615, provides excellent visibility and accessibility for customers. The property's "Neighborhood Center" designation suggests a strong potential for foot traffic and synergy with neighboring businesses. This is an ideal location for retailers seeking a well-established and convenient space to operate. The property's size and layout offer significant potential for customization and adaptation to meet specific business requirements. Contact us today to learn more about this exciting opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
BRICK
Total area
24,322 SF
Lot
2.21 ac (96,268 SF)
APN
10-0001050.000
UPID
US66-1982016
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
$2.12M
Owner & transaction history
Isomer Group INC · 9 yrs held
Isomer Group INC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.3M
+30.2%
Commercial (general)
$3.3M
+29.1%
Restaurant
$2.9M
+12.6%
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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,530,000
Current use
OFFICE BUILDING
$3,295,000
Change: +30% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,270,000
Change: +29% · Conversion: Easy
RESTAURANT
$2,850,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±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
$87 / 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
$36,439
Tax year 2023
Assessed value
$867,880
Assessed 2023
Previous assessed
$867,880
+0.0% YoY
Effective rate
4.20%
On assessed value
Assessed land
$139,230
Assessed improvement
$728,650
Land market value
$397,800
Improvement market value
$2,081,870
Total market value
$2,479,670
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2000
Construction
BRICK
Heating
NONE
Total area
24,322 SF
Lot
2.21 ac (96,268 SF)
APN
10-0001050.000
UPID
US66-1982016
Jurisdiction
CARROLL
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
$2.5M
OFFICE BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.3M
RESTAURANT
Est. value
$2.9M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
2000
Construction
BRICK
Heating
NONE
Lot
2.21 ac
Current owner
From public records · entity-resolved
Isomer Group INC
Entity
Free & Clear · 9 yrs held
Mailing address
211 COMMERCE DR, MEDINA, OH 44256-1331
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2017
—
Isomer Group INC
Isomer Carrollton LLC
Intrafamily Transfer
related
—
Jan 29, 2010
$33,000
Silo Investments LLC
Cedar Carrollton LLC
Limited Warranty Deed
—
Apr 28, 2005
$3,721,900
Cedar Carrollton LLC
Two Carrollton Company LLC
Limited Warranty Deed
—
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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