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Property profile & analytics
OFF-MARKET
Estimated value
$33,125,000
Industrial properties
626 Albany St Dayton, OH 45417-3405
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US66-1183197
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1923
Construction
WOOD
Total area
329,347 SF
Lot
9.03 ac (393,129 SF)
APN
R72 09906 0005
UPID
US66-1183197
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
$25.74M
Blend (final)
Blend
$33.13M
Owner & transaction history
Standard Register Co
Standard Register Co
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$55.0M
+252.0%
Office building
$21.7M
+39.0%
Auto repair, garage
$20.6M
+32.0%
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 Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton 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
$55,035,000
Change: +252% · Conversion: Easy
OFFICE BUILDING
$21,735,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$20,640,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$19,960,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$33.13M
Range $29.81M – $36.44M · ±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
$101 / 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
$144,330
Tax year 2023
Assessed value
$1,464,620
Assessed 2023
Previous assessed
$1,435,890
+2.0% YoY
Effective rate
9.85%
On assessed value
Assessed land
$44,080
Assessed improvement
$1,420,540
Land market value
$125,930
Improvement market value
$4,058,680
Total market value
$4,184,610
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
329,347 SF
Lot
9.03 ac (393,129 SF)
APN
R72 09906 0005
UPID
US66-1183197
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
MEDICAL BUILDING
Est. value
$55.0M
OFFICE BUILDING
Est. value
$21.7M
AUTO REPAIR, GARAGE
Est. value
$20.6M
RETAIL STORES
Est. value
$20.0M
MEDICAL BUILDING
OFFICE 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
1923
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
9.03 ac
Current owner
From public records · entity-resolved
Standard Register Co
Entity
Mailing address
PO BOX 1167, DAYTON, OH 45401-1167
Ownership since
—
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
—
—
Standard Register Co
—
Deed Of Trust
related
$96,246,740 · Silver Point Financial LLC
—
—
Standard Register Co
—
Deed Of Trust
related
$123,753,259 · Silver Point Financial LLC
—
—
Standard Register Co
—
Deed Of Trust
related
$125,000,000 · Bank Of America
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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