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Property profile & analytics
OFF-MARKET
Estimated value
$9,855,000
Industrial properties
7300 Souder Rd New Albany, OH 43054-7800
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-2753284
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2011
Total area
115,500 SF
Lot
28.47 ac (1,239,979 SF)
APN
222-004355
UPID
US66-2753284
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
-
STACK INFRASTRUCTURE Computer & Electronic Repair (Bike/Boat/Book/etc) Store
-
Stack Infrastructure NAL01 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.86M
Owner & transaction history
Si Nal01 Abs LLC · 5 yrs held
Si Nal01 Abs LLC
since 2020
Last sale
$9.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.9M
+71.0%
Retail stores
$14.4M
+55.4%
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 New Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Albany 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
$10,540,000
ML approach
$9,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,285,000
Current use
OFFICE BUILDING
$15,875,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$14,435,000
Change: +55% · Conversion: Moderate
Blend value · Realmo final
$9.86M
Range $8.87M – $10.84M · ±10% · vs last sale $9.71M (Sep 4 2020)
Last sale anchor
$9.71M
Sep 4 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
$85 / 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
$193,636
Tax year 2023
Assessed value
$4,200,000
Assessed 2023
Previous assessed
$4,200,000
+0.0% YoY
Effective rate
4.61%
On assessed value
Assessed land
$1,391,600
Assessed improvement
$2,808,400
Land market value
$3,976,000
Improvement market value
$8,024,000
Total market value
$12,000,000
Applied tax rate
222.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2011
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
115,500 SF
Lot
28.47 ac (1,239,979 SF)
APN
222-004355
UPID
US66-2753284
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
INDUSTRIAL (GENERAL) Current
Est. value
$9.3M
OFFICE BUILDING
Est. value
$15.9M
RETAIL STORES
Est. value
$14.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
2011
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
28.47 ac
Current owner
From public records · entity-resolved
Si Nal01 Abs LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1700 BROADWAY STE #1750, DENVER, CO 80290-1501
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
—
Si Nal01 Abs LLC
Si Nal01 LLC
Intrafamily Transfer
related
—
Oct 16, 2019
$9,709,400
Si Nalo1 LLC
Nationwide Mutual Insurance Co
Grant Deed
—
Oct 16, 2019
—
Nationwide Mutual Ins
Real Title Holdings LLC
Quit Claim Deed
related
—
Nov 26, 2008
$5,000,000
Nationwide Mutual Insurance Co
New Albany Co LLC
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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