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Property profile & analytics
OFF-MARKET
Commercial land
621 Cherry Hl Dr, Miamisburg, OH 45342-3355
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-5803163
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1973
Total area
4,340 SF
Lot
0.38 ac (16,400 SF)
APN
K46 01015 0001
UPID
US66-5803163
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
by Request
Owner & transaction history
Vijai Thankaraj · 3 yrs held
Vijai Thankaraj
since 2022
Last sale
$380,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Miamisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miamisburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$483
Tax year 2023
Assessed value
$6,030
Assessed 2023
Previous assessed
$4,190
+43.9% YoY
Effective rate
8.01%
On assessed value
Assessed land
$5,030
Assessed improvement
$1,000
Land market value
$14,370
Improvement market value
$2,870
Total market value
$17,240
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1973
Heating
YES
Stories
2
Bathrooms
1
Total area
4,340 SF
Lot
0.38 ac (16,400 SF)
APN
K46 01015 0001
UPID
US66-5803163
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
Building & site characteristics
From public records
Year built
1973
Heating
YES
Stories
2
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Vijai Thankaraj
Individual
Free & Clear · 3 yrs held
Mailing address
8891 WINSTON FARM LN, DAYTON, OH 45458-3675
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
$35,000
Vijai Thankaraj
Cci Ohreo LLC
Quit Claim Deed
related
—
Jul 27, 2021
—
Cc1 Oh Reo LLC
Douglas E Bruce
Sheriffs Deed
related
—
Jul 6, 2016
$187,200
Douglas E Bruce
Collins,helen P
Quit Claim Deed
related
—
Jan 18, 2013
$152,250
Helen Collins
Us Bank NA 2006-sc1
Quit Claim Deed
related
—
Aug 24, 2011
$180,000
Us Bank NA Series 2006-sc1
Sheriff Of Montgomery County
Trustees Deed
related
—
Nov 2, 2005
$380,000
Paul R Huber II
Wax,delores M Family Trust
Grant Deed
$281,250 · Velocity Comm Capitol
—
—
Wax,tr
—
Deed Of Trust
related
$243,000 · Cornerstone 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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