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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Manufacturing properties
648 Clymer Rd Marysville, OH 43040-9827
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6277231
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1966
Total area
40,000 SF
Lot
13.72 ac (597,643 SF)
APN
29-0023044.0000
UPID
US66-6277231
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
Current use
Occupant on record · Public records
-
Hufnagle Insurance Group Insurance Agency
-
Dogwood Business Development, Inc. Business Management Consultant
-
Ryan Logistics Inc Logistics Company Freight Service
-
Ryan Fleet Management Trucking Company
-
Carpet Workshop of Ohio Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$954k
Blend (final)
Blend
$805k
Owner & transaction history
Airport Industrial LLC · 4 yrs held
Airport Industrial LLC
since 2021
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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$940,000
Current use
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$20 / 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
$40,310
Tax year 2023
Assessed value
$541,800
Assessed 2023
Previous assessed
$541,800
+0.0% YoY
Effective rate
7.44%
On assessed value
Assessed land
$121,000
Assessed improvement
$420,800
Land market value
$345,700
Improvement market value
$1,202,280
Total market value
$1,547,980
Applied tax rate
29.0000
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
1966
Heating
NONE
Stories
1
Total area
40,000 SF
Lot
13.72 ac (597,643 SF)
APN
29-0023044.0000
UPID
US66-6277231
Jurisdiction
UNION
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
INDUSTRIAL (GENERAL) Current
Est. value
$940,000
INDUSTRIAL (GENERAL) Current
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
1966
Heating
NONE
Stories
1
Lot
13.72 ac
Current owner
From public records · entity-resolved
Airport Industrial LLC
Entity
Mailing address
1119 REGENCY DR, COLUMBUS, OH 43220-4953
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
—
Ryan Property Management Ltd
—
Deed
related
$374,000 · Citizens Federal Savings And Loan Associ
Dec 3, 2021
—
Airport Industrial LLC
Myers Family Land Company LLC
Warranty Deed
$2,210,000 · Farm Credit Mid America Flca
Apr 6, 2020
—
Ryan Property Management Ltd
—
Deed
related
$300,000 · Liberty Nat'l Bk
Feb 26, 2019
—
Joyce M Hardin
Hardin,harold L
Deed
related
—
Dec 12, 2018
—
Myers Family Land Company LLC
—
Deed
related
$1,448,000 · The Richwood Banking Co
Feb 7, 2013
—
Myers Family Land Co LLC
—
Trustees Deed
related
$350,000 · Richwood Bk
Dec 16, 2008
$1,150,000
Myers Family Land Co LLC
Mjrm LLC
Warranty Deed
$1,200,000 · Huntington Nat'l Bk
Nov 13, 2007
—
Mjrm I LLC
Jennings,royce M
Warranty Deed
—
—
—
Myers Family Land Co LLC
—
Deed Of Trust
related
$150,000 · Richwood Bk
—
—
Myers Family Land Co LLC
—
Loan Modification
related
—
—
—
Myers Family Land Co LLC
—
Deed Of Trust
related
$600,000 · Richwood Bk
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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