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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Turn key restaurants
649 State St, Georgetown, OH 45121-9323
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-6302032
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Lot
1.89 ac (82,328 SF)
APN
33-060896-00-00
UPID
US66-6302032
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
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Ibrahim Vacation Rentals LLC · 6 yrs held
Ibrahim Vacation Rentals LLC
since 2020
Last sale
$957,000
5 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 Georgetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Georgetown 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
$855,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $957k (Apr 29 2020)
Last sale anchor
$957k
Apr 29 2020
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
—
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
$8,716
Tax year 2023
Assessed value
$175,200
Assessed 2023
Previous assessed
$175,200
+0.0% YoY
Effective rate
4.97%
On assessed value
Assessed land
$39,690
Assessed improvement
$135,510
Land market value
$113,400
Improvement market value
$387,180
Total market value
$500,580
Applied tax rate
33.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Lot
1.89 ac (82,328 SF)
APN
33-060896-00-00
UPID
US66-6302032
Jurisdiction
BROWN
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
1998
Heating
NONE
Stories
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Ibrahim Vacation Rentals LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 6969, SYRACUSE, NY 13217-6969
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2020
—
Ibrahim Vacation Rentals LLC
Bruce H Carter Living Trust
Quit Claim Deed
—
Dec 5, 2017
$957,000
Bruce H Carter
Gps Hospitality Partners LLC
Limited Warranty Deed
$622,050 · Southern Bank
Jan 14, 2016
$500,000
Gps Hospitality Partners LLC
Lila Avenue Holdings LLC
Grant Deed
$500,000 · Bridge Funding Group INC
Jun 21, 2011
$1,100,000
Lila Avenue Holdings LLC
Tassos James A & Sherre D
Grant Deed
—
Jan 20, 2005
$1,320,000
Tassos,james A Tr
G T Land
Grant Deed
—
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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