Entity Owned Property summary
AI-generated overview
The property is a two-story, multi-tenant building with approximately 21,981 square feet of total space. Individual units are configured to range from approximately 550 to 2,145 square feet. The building includes elevator access and has parking on-site. It is located near retail and service amenities, including banks and restaurants, and is positioned roughly 1 mile from I-270 via North High Street/US-23, with convenient access to the Route 161 and Route 315 interchange. A roof replacement is planned for 2025.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
18,594 SF
Lot
1.85 ac (80,455 SF)
APN
100-002226
UPID
US66-1784730
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Dental Office
-
Dental Office
-
Dental Office
-
Title Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
$3.53M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$2.79M
Owner & transaction history
since 2006
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$4.2M
+120.8%
Auto repair, garage
$3.0M
+53.5%
Apartment house (5+ units)
$2.7M
+40.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.79M
Value range
$2.51M – $3.07M
±10% around blend
Estimated value / SF
$150 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$2.51M
blend $2.79M
$3.07M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,594 SF
Lot area
1.85 ac
Year built
1981
Stories
2
APN
100-002226
Assessed value
$788,240
Annual tax
$73,001
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.53M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.82M
@ 6.5% CAP return
$3.53M
@ 7% CAP return
$3.28M
4
Sales comparison
Partial preview
Sales approach indication
$4.88M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.6 mi away · 18,384 SF
8.3 mi away · 13,574 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.79M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 41 sales
$103
+45%
Submarket 546 sales
$143
+5%
County 823 sales
$137
+9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $150/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+121%
vs current-use indication
Auto Repair, Garage
Apartment House (5+ Units)
Medical Building
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
8.20%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.20%
9.0%
NOI (est.)
$189k *
Last sale · May 2025
$2.70M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.30M
Move the market yield to see immediate price impact.
Value / SF
$124
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.70%8.20%8.70%
$170k
$2.21M
$2.07M
$1.96M
$189k
$2.45M
$2.30M
$2.17M
$208k
$2.70M
$2.54M
$2.39M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$3.02M
3.6 mi · Jan 2026 · $130/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$73,001
Tax year 2023
Assessed value
$788,240
Assessed 2023
Previous assessed
$781,940
+0.8% YoY
Effective rate
9.26%
On assessed value
Assessed land
$253,440
Assessed improvement
$534,800
Land market value
$724,100
Improvement market value
$1,528,000
Total market value
$2,252,100
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
18,594 SF
Lot
1.85 ac (80,455 SF)
APN
100-002226
UPID
US66-1784730
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
1.85 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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