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Property profile & analytics
OFF-MARKET
Warehouses
8080 Furlong Dr Cleves, OH 45002-9115
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1304194
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1981
Total area
2,880 SF
Lot
0.22 ac (9,583 SF)
APN
630-0030-0058-00
UPID
US66-1304194
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
-
Southern Ohio Door Controls Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
P & H Nicolaou Investments LLC · 5 yrs held
P & H Nicolaou Investments LLC
since 2020
Last sale
$76,500
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cleves submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleves 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,595
Tax year 2023
Assessed value
$75,613
Assessed 2023
Previous assessed
$65,325
+15.7% YoY
Effective rate
6.08%
On assessed value
Assessed land
$9,257
Assessed improvement
$66,356
Land market value
$26,450
Improvement market value
$189,590
Total market value
$216,040
Applied tax rate
194.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Heating
YES
Stories
2
Rooms
3
Total area
2,880 SF
Lot
0.22 ac (9,583 SF)
APN
630-0030-0058-00
UPID
US66-1304194
Jurisdiction
HAMILTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1981
Heating
YES
Stories
2
Rooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
P & H Nicolaou Investments LLC
Entity
Mailing address
8080 FURLONG DR, CLEVES, OH 45002-9115
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
—
P & H Nicolaou Investments LLC
Peter Nicolaou
Quit Claim Deed
related
—
May 8, 2007
$76,500
Peter Nicolaou
Merkt,ronald E & Cynthia G
Grant Deed
$97,000 · North Side Bank & Trust
Aug 18, 1998
$23,266
Nicolaou,peter & Holly
Southern Ohio Door Controls
Trustees Deed
—
Aug 18, 1998
$23,000
Merkt,ronald E & Cynthia G
Southern Ohio Door Controls
Trustees Deed
—
—
—
Ronald E Merkt
—
Deed Of Trust
related
$65,000 · Miami Savings Bank (oh)
—
—
Ronald E Merkt
—
Deed Of Trust
related
$100,000 · North Side Bank & Trust
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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