Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$330,000
Bowling alleys
7171 Rdg Rd Madison, OH 44057-2630
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-1910308
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1961
Total area
25,694 SF
Lot
3.98 ac (173,369 SF)
Zoning code
M-1
APN
01-B-099-0-00-009-0
UPID
US66-1910308
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
-
Diamond Door LLC Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$330k
Owner & transaction history
Dbk 2018 LLC · 8 yrs held
Dbk 2018 LLC
since 2018
3 recorded transactions
Zoning & alternative use
M-1 · Madison, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone to promote limited Industrial Zone use
Zone name
Limited Industry
General category
INDUSTRIAL
Zone area
205.56 ac
Source
Realmo
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$330k
Range $297k – $363k · ±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
$13 / 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
$8,110
Tax year 2023
Assessed value
$87,300
Assessed 2023
Previous assessed
$87,300
+0.0% YoY
Effective rate
9.29%
On assessed value
Assessed land
$16,380
Assessed improvement
$70,920
Land market value
$46,810
Improvement market value
$202,630
Total market value
$249,440
Applied tax rate
1.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1961
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
6
Total area
25,694 SF
Lot
3.98 ac (173,369 SF)
Zoning code
M-1
APN
01-B-099-0-00-009-0
UPID
US66-1910308
Jurisdiction
LAKE
Zoning & alternative use
M-1 · Madison, OHZoning M-1 · permitted uses
M-1 · Madison, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone to promote limited Industrial Zone use
Zone name
Limited Industry
General category
INDUSTRIAL
Zone area
205.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
6
Lot
3.98 ac
Current owner
From public records · entity-resolved
Dbk 2018 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
5126 STATE RTE 193, DORSET, OH 44032-9764
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2018
$248,510
Dbk 2018 LLC
Calvin L Brown
Grant Deed
related
—
Apr 10, 2017
$248,600
Calvin L Brown
Carkhuff,james R
Quit Claim Deed
related
—
—
—
Diane D Carkhuff
—
Deed Of Trust
related
$175,000 · American Business Credit
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7171 Rdg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
