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    Property profile & analytics

    640 Bright Ave, Unit 646 Vandalia, OH 45377-1425

    • Garden apartment buildings
    • 4,206 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Last Sale
    Oct 08, 2020
    $220,000
    Location Intelligence
    Property ID
    US66-2537350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 640 Bright Ave

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.48 lot acres
    Property size
    4,206 SF
    Property type
    Garden apartment buildings
    APN
    B02 00908 0012
    APU
    B02009080012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $265,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $270,000
      Mixed-Use
      $260,000
      Hospitality
      $195,000
      Educational
      $215,000
      Residential Income
      $200,000
      Energy
      $235,000
      Income-Based Land
      $255,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2132
    Latitude
    39.8834
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,355
    $12,600
    $89,900
    $102,500
    -
    $36,000
    $256,850
    $292,850

    Comparable in this City

    • Value Estimation by Request
      3,267 SF

      516 Thoma Pl

      GARDEN APT, COURT APT (5+ UNITS) • 3,267 SF
      516 Thoma Pl, Vandalia, OH 45377-1493
      View Details
    • Value Estimation by Request
      5,016 SF

      30 Van Lk Dr, Unit 42

      GARDEN APT, COURT APT (5+ UNITS) • 5,016 SF
      30 Van Lk Dr, Vandalia, OH 45377-3256
      View Details
    • Value Estimation by Request
      3,528 SF

      1130 Stoney Spgs Rd, Unit 1136

      GARDEN APT, COURT APT (5+ UNITS) • 3,528 SF
      1130 Stoney Spgs Rd, Vandalia, OH 45377-1639
      View Details
    • Value Estimation by Request
      3,640 SF

      152 Brusman Dr, Unit 158

      GARDEN APT, COURT APT (5+ UNITS) • 3,640 SF
      152 Brusman Dr, Vandalia, OH 45377-1955
      View Details
    • Value Estimation by Request
      3,528 SF

      928 Henley Ct, Unit 934

      GARDEN APT, COURT APT (5+ UNITS) • 3,528 SF
      928 Henley Ct, Vandalia, OH 45377-1620
      View Details
    • Value Estimation
      $305,000
      4,356 SF

      68 Van Lk Dr, Unit 78

      GARDEN APT, COURT APT (5+ UNITS) • 4,356 SF
      68 Van Lk Dr, Vandalia, OH 45377-3200
      View Details

    Similar Nearby for Sale

    • $395,000

      Commercial Land in Busy Center

      Graded lot with utilities in front of Kroger.
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    • Contact for pricing

      Land Near Dayton Airport

      Commercial land available near Dayton International Airport.
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      2,120 SF office building with high visibility, easy highway access.
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      Highway Business Zoned Corner Lot

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      5,346 SF

      Retail Property on National Road

      Retail property available for sale in Vandalia, Ohio.
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    Similar Nearby for Lease

    • Contact for pricing
      89,234 SF

      Shoppes at Northwoods Retail Space

      Vandalia, OH Retail Center - 1,600 SF Available
      780-796 Northwoods Blvd, Vandalia, OH 45377
      View Details
    • $7 SF/Yr
      4,160 SF

      Vandalia Warehouse Space Available

      4,160 SF warehouse space for lease in Vandalia, Ohio.
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      View Details
    • Contact for pricing
      99,000 SF

      99,000 SF Industrial Space Available

      99,000 SF industrial space for lease in Vandalia, OH.
      875 Center Dr, Vandalia, OH 45377
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    • $2,950 /Mo
      4,000 SF

      Vandalia Commercial Space For Lease

      4,000 sq ft commercial space with garage and office.
      346 N Dixie Dr, Vandalia, OH 45377
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    • $20 SF/Yr
      3,115 SF

      Freestanding Retail Building For Rent

      3,115 SF freestanding building suitable for professional services.
      805 S Dixie Dr, Vandalia, OH 45377
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Vandalia, OH

      Retail space available for lease in Vandalia, Ohio.
      798 Northwoods Blvd, Vandalia, OH 45377
      View Details
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    Vandalia, OH 45377-1425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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