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Property profile & analytics
OFF-MARKET
Commercial real estate
8485 State Rte 132, Pleasant Plain, OH 45162-9226
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1766083
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1953
Construction
CONCRETE
Total area
720 SF
Lot
0.69 ac (30,218 SF)
APN
18-33-228-006-0
UPID
US66-1766083
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
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
Miller Hoelke Investments LLC · 4 yrs held
Miller Hoelke Investments LLC
since 2022
Last sale
$60,000
7 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 Pleasant Plain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasant Plain 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
$2,014
Tax year 2023
Assessed value
$34,038
Assessed 2023
Previous assessed
$34,038
+0.0% YoY
Effective rate
5.92%
On assessed value
Assessed land
$8,733
Assessed improvement
$25,305
Land market value
$24,950
Improvement market value
$72,300
Total market value
$97,250
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1953
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
720 SF
Lot
0.69 ac (30,218 SF)
APN
18-33-228-006-0
UPID
US66-1766083
Jurisdiction
WARREN
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
1953
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Miller Hoelke Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8485 STATE RTE 132, PLEASANT PLAIN, OH 45162-9226
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2022
—
Miller Hoelke Investments LLC
Debbie Miller
Intrafamily Transfer
related
—
May 9, 2022
—
Debbie L Miller
James C Miller
Intrafamily Transfer
related
—
Oct 19, 2010
—
Miller J C & D L Living Trust
—
Grant Deed
related
$5,000,000 · Lcnb National Bank
Jan 30, 2007
—
Miller J C & D L Living Trust
—
Deed Of Trust
related
$2,000,000 · Lebanon Citizens National Bank
Feb 18, 2005
—
Miller James C & Debbie L Tr
—
Deed Of Trust
related
$1,000,000 · Lebanon Citizens National Bank
Mar 26, 2004
$15,000
Miller,tr
Miller,james & Debbie
Quit Claim Deed
related
—
Feb 19, 2002
$60,000
James Miller
Scheek,kristie L
Trustees Deed
—
—
—
Miller J C & D L Living Trust
—
Deed Of Trust
related
$3,000 · Lcnb National Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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