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Property profile & analytics
FOR SALE
Strip malls
7581 Dayton Springfield Rd, Fairborn, OH 45324
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1496893
For Sale
$925,000
7581 Dayton Springfield Rd, Fairborn, OH 45324
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
CONCRETE BLOCKS
Total area
28,712 SF
Lot
5 ac (217,800 SF)
Zoning code
B-2
APN
180-10-00012-000-020
UPID
US66-1496893
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
-
IGA Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$925k
Owner & transaction history
Sterling Mgmt LLC · 4 yrs held
Sterling Mgmt LLC
since 2022
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
B-2 · Fairborn, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.4M
+25.3%
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 Fairborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairborn 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
$830,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,130,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,415,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $950k (Apr 7 2022)
Last sale anchor
$950k
Apr 7 2022
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
$32 / 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
$20,944
Tax year 2023
Assessed value
$325,140
Assessed 2023
Previous assessed
$325,140
+0.0% YoY
Effective rate
6.44%
On assessed value
Assessed land
$64,820
Assessed improvement
$260,320
Land market value
$185,200
Improvement market value
$743,780
Total market value
$928,980
Applied tax rate
180.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1980
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
2
Stories
1
Total area
28,712 SF
Lot
5 ac (217,800 SF)
Zoning code
B-2
APN
180-10-00012-000-020
UPID
US66-1496893
Jurisdiction
CLARK
Zoning & alternative use
B-2 · Fairborn, OH
Zoning B-2 · permitted uses
B-2 · Fairborn, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairborn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
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
CONCRETE BLOCKS
Heating
NONE
Stories
1
Buildings
2
Lot
5 ac
Current owner
From public records · entity-resolved
Sterling Mgmt LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 232, WEST CHESTER, OH 45071-0232
Ownership since
2022
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
Apr 7, 2022
$950,000
Sterling Mgmt LLC
3 County Properties LLC
Warranty Deed
—
Apr 2, 2014
—
3 Countye Properties LLC
D/w Ents LLC
Warranty Deed
related
—
Oct 9, 2009
—
D/w Ents LLC
Dodds Wenrick Ents
Warranty Deed
related
—
Mar 3, 2009
—
Dodds Wenrick Ents
Dodds,howard V
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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