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Property profile & analytics
OFF-MARKET
Estimated value
$4,635,000
Garden apartment buildings
675 Brooklyn Ave Milford, OH 45150
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2335087
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1980
Construction
STEEL FRAME
Total area
24,828 SF
Lot
10.77 ac (469,141 SF)
APN
21-07-40.-037P
UPID
US66-2335087
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
$4.66M
CAP Approach
CAP
$3.59M
Comparable Approach
Comparable
$2.91M
Blend (final)
Blend
$4.64M
Owner & transaction history
Oakwood Preservation Limited Partne · 4 yrs held
Oakwood Preservation Limited Partne
since 2021
Last sale
$4.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+176.5%
Commercial (general)
$5.2M
+159.4%
Neighborhood: shopping center
$3.5M
+77.8%
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
$4,850,000
ML approach
$4,660,000
CAP Approach
CAP Return
Estimation
6%
$3,890,000
6.5%
$3,590,000
7%
$3,335,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,490,000
Change: +176% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,150,000
Change: +159% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,530,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$3,490,000
Change: +76% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,320,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$4.64M
Range $4.17M – $5.10M · ±10% · vs last sale $4.52M (Sep 9 2021)
Last sale anchor
$4.52M
Sep 9 2021
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
$187 / 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
$138,147
Tax year 2023
Assessed value
$1,595,300
Assessed 2023
Previous assessed
$1,595,300
+0.0% YoY
Effective rate
8.66%
On assessed value
Assessed land
$316,050
Assessed improvement
$1,279,250
Land market value
$903,000
Improvement market value
$3,655,000
Total market value
$4,558,000
Applied tax rate
21.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
WINDOW A/C
Buildings
5
Stories
2
Units
65
Rooms
8
Bathrooms
8
Total area
24,828 SF
Lot
10.77 ac (469,141 SF)
APN
21-07-40.-037P
UPID
US66-2335087
Jurisdiction
CLERMONT
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
OFFICE BUILDING
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Units
65
Rooms
8
Bathrooms
8
Lot
10.77 ac
Current owner
From public records · entity-resolved
Oakwood Preservation Limited Partne
Individual
Mailing address
21515 HAWTHORNE BLVD STE #150, TORRANCE, CA 90503-6529
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
$4,515,000
Oakwood Preservation Limited Partne
Do You Like Movies About Gladiators
Limited Warranty Deed
$10,082,100 · Orix Real Estate Capital LLC
Nov 7, 2017
$3,407,340
Do You Like Movies About Gladi
Oakwood Apartments II LP
Grant Deed
$3,764,000 · Cbre Cap Markets
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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