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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Industrial properties
788 Industrial Blvd Xenia, OH 45385-4032
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-5337978
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Total area
31,760 SF
Lot
3.06 ac (133,381 SF)
APN
M40-0001-0016.0-0002.00
UPID
US66-5337978
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
-
Texas Slots and Gaming Supplies Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Xir LLC · 1 yrs held
Xir LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+209.4%
Retail stores
$1.7M
+205.6%
Apartment house (5+ units)
$1.6M
+183.7%
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 Xenia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Xenia 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
$1,165,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,735,000
Change: +209% · Conversion: Difficult
RETAIL STORES
$1,710,000
Change: +206% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,590,000
Change: +184% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.17M (Aug 30 2024)
Last sale anchor
$1.17M
Aug 30 2024
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
$37 / 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
$8,782
Tax year 2023
Assessed value
$166,880
Assessed 2023
Previous assessed
$166,880
+0.0% YoY
Effective rate
5.26%
On assessed value
Assessed land
$35,070
Assessed improvement
$131,810
Land market value
$100,190
Improvement market value
$376,600
Total market value
$476,790
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
1968
Heating
NONE
Total area
31,760 SF
Lot
3.06 ac (133,381 SF)
APN
M40-0001-0016.0-0002.00
UPID
US66-5337978
Jurisdiction
GREENE
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
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
COMMERCIAL (GENERAL)
RETAIL STORES
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
1968
Heating
NONE
Lot
3.06 ac
Current owner
From public records · entity-resolved
Xir LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7750 MONTGOMERY RD STE #100, CINCINNATI, OH 45236-4257
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
Xir LLC
—
Deed
related
$1,350,000 · Park National Bank
Aug 30, 2024
$1,165,000
Xir LLC
Tsg Alpha Investments LLC
Warranty Deed
—
Mar 10, 2021
$500,000
Tsg Alpha Investments LLC
Destin Real Estate Holdings LLC
Warranty Deed
$375,000 · Frost Bank
Aug 24, 2016
—
Destin R & E Holdings LLC
—
Deed
related
$5,500,000 · Tri Cty Nat'l Bk
Aug 4, 2014
$1,000,000
Dustin Real Estate Holdings LLC
Kotubuki Reliable Die Casting INC
Limited Warranty Deed
$30,000,000 · Firstmerit Bank NA
Oct 17, 2011
—
Kotobuki-reliable Die Casting
—
Deed Of Trust
related
$18,000,000 · Kotobuki Die Casting Ltd
Jul 29, 2011
$557,750
Kotobuki-reliable Die Casting
Supervalu Holdings INC
Grant Deed
—
—
—
Destin R & E Holdings LLC
—
Deed Of Trust
related
$2,500,000 · Tri Cty Nat'l Bk
—
—
Destin R & E Holdings LLC
—
Deed Of Trust
related
$600,000 · Kotobuki-reliable Die Casting
—
—
Destin R & E Holdings LLC
—
Loan Modification
related
$5,500,000 · Tri Cty Nat'l Bk
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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