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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Specialty properties
650 Waterloo St Canal Winchester, OH 43110-1021
Individually Owned
25-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1503793
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1992
Total area
10,410 SF
Lot
2.01 ac (87,686 SF)
APN
184-001508
UPID
US66-1503793
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
-
Dwayne R. Spence Funeral Home - Canal Winchester Social Service Agency
-
Carraway guest house Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Carriage Funeral Svcs Of Ohio · 25 yrs held
Carriage Funeral Svcs Of Ohio
since 2001
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+49.2%
Office building
$1.1M
+47.1%
Apartment house (5+ units)
$950,000
+23.3%
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 Canal Winchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canal Winchester 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
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$770,000
Current use
AUTO REPAIR, GARAGE
$1,150,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$1,135,000
Change: +47% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$950,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$935,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$865,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$830,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$77 / 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
$39,891
Tax year 2023
Assessed value
$534,990
Assessed 2023
Previous assessed
$462,020
+15.8% YoY
Effective rate
7.46%
On assessed value
Assessed land
$320,190
Assessed improvement
$214,800
Land market value
$914,800
Improvement market value
$613,700
Total market value
$1,528,500
Applied tax rate
184.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1992
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
10,410 SF
Lot
2.01 ac (87,686 SF)
APN
184-001508
UPID
US66-1503793
Jurisdiction
FRANKLIN
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
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$950,000
RETAIL STORES
Est. value
$935,000
MEDICAL BUILDING
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$830,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1992
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Carriage Funeral Svcs Of Ohio
Individual
Free & Clear · 25 yrs held
Mailing address
3040 POST OAK BLVD STE #300, HOUSTON, TX 77056-6513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2013
—
Carriage Services Of Ohio LLC
—
Deed Of Trust
related
$275,000,000 · Bank Of America
Jan 4, 2001
—
Carriage Funeral Svcs Of Ohio
Dwayne R Spence Funeral Home
Grant Deed
related
—
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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