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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Garden apartment buildings
625 Jefferson St 635 Miamisburg, OH 45342-3327
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1990837
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1948
Construction
WOOD
Total area
9,814 SF
Lot
0.55 ac (23,958 SF)
APN
K46 00332 0093
UPID
US66-1990837
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$585k
Owner & transaction history
Tien Manh Le · 3 yrs held
Tien Manh Le
since 2023
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$635,000
+5.6%
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 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
Method
Estimation
Statistic approach
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$605,000
Current use
AUTO REPAIR, GARAGE
$635,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$595,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $600k (Jul 10 2023)
Last sale anchor
$600k
Jul 10 2023
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
$60 / 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
$8,770
Tax year 2023
Assessed value
$217,920
Assessed 2023
Previous assessed
$130,490
+67.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$27,000
Assessed improvement
$190,920
Land market value
$77,150
Improvement market value
$545,490
Total market value
$622,640
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Units
6
Bathrooms
1
Total area
9,814 SF
Lot
0.55 ac (23,958 SF)
APN
K46 00332 0093
UPID
US66-1990837
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$635,000
OFFICE BUILDING
Est. value
$605,000
RETAIL STORES
Est. value
$595,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1948
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
6
Bathrooms
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Tien Manh Le
Individual
Mailing address
7927 FURROW CT, WEST CHESTER, OH 45069-9263
Ownership since
2023
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 10, 2023
$600,000
Tien Manh Le
Jefferson Burg LLC
Warranty Deed
$420,000 · Lcnb National Bank
May 15, 2018
$365,000
Jefferson Burg LLC
Pacing Tiger LLC
Warranty Deed
—
Oct 7, 2014
$355,100
Pacing Tiger LLC
Artistic Property Mgmt LLC
Grant Deed
$266,250 · Farmers & Merchants Nat'l Bk
May 24, 2004
—
Artistic Property Mgmt LLC
Goebel,kurt
Quit Claim Deed
related
—
Jun 26, 2002
$230,000
Kurt Goebel
Olive,ben E & Lynn J
Grant Deed
$53,000 · Union Fsb
—
—
Artistic Prop Managment LLC
—
Deed Of Trust
related
$35,000 · Union Fsb
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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