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Property profile & analytics
FOR LEASE
Office buildings
6120 South Gilmore Rd Fairfield, OH 45014
Entity Owned
15-yr Hold
Free & Clear
Property ID
US66-0857184
For Lease
$12.45 SF/Yr
6120 South Gilmore Rd, Fairfield, OH 45014
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Total area
133,314 SF
Lot
75.28 ac (3,278,979 SF)
APN
A0700-017.000-019
UPID
US66-0857184
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
$8.23M
Blend (final)
Blend
$11.57M
Owner & transaction history
City Of Fairfield Ohio · 15 yrs held
City Of Fairfield Ohio
since 2011
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.1M
+187.0%
Neighborhood: shopping center
$14.7M
+180.2%
Auto repair, garage
$13.9M
+163.7%
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
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
MEDICAL BUILDING
$15,100,000
Change: +187% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,745,000
Change: +180% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,880,000
Change: +164% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,585,000
Change: +101% · Conversion: Easy
RETAIL STORES
$9,550,000
Change: +82% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,065,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$11.57M
Range $10.41M – $12.73M · ±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
$65,186
Tax year 2023
Assessed value
$13,125,000
Assessed 2023
Previous assessed
$5,954,320
+120.4% YoY
Effective rate
0.50%
On assessed value
Assessed land
$1,271,910
Assessed improvement
$11,853,090
Land market value
$3,634,030
Improvement market value
$33,865,970
Total market value
$37,500,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1989
Heating
HOT WATER
Cooling
CENTRAL
Buildings
6
Stories
4
Total area
133,314 SF
Lot
75.28 ac (3,278,979 SF)
APN
A0700-017.000-019
UPID
US66-0857184
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
MEDICAL BUILDING
Est. value
$15.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.7M
AUTO REPAIR, GARAGE
Est. value
$13.9M
COMMERCIAL (GENERAL)
Est. value
$10.6M
RETAIL STORES
Est. value
$9.6M
WAREHOUSE, STORAGE
Est. value
$7.1M
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
HOT WATER
Cooling
Yes
Stories
4
Buildings
6
Lot
75.28 ac
Current owner
From public records · entity-resolved
City Of Fairfield Ohio
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 145496, CINCINNATI, OH 45250-5496
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2011
—
City Of Fairfield Ohio
Cincinnati Financial Corp
Warranty Deed
—
Dec 27, 2000
—
Cincinnati Financial Corp
Cfc Investment Co
Grant Deed
related
—
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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