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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office buildings
8633 Memorial Dr Plain City, OH 43064-8608
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1411437
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
3,550 SF
Lot
2.39 ac (104,108 SF)
APN
15-0039017.4000
UPID
US66-1411437
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
-
ASI Commercial Roofing & Maintenance Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$740k
Owner & transaction history
D & B Memorial Properties LLC · 14 yrs held
D & B Memorial Properties LLC
since 2011
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 Plain City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plain City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±10%
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
$208 / 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
$21,311
Tax year 2023
Assessed value
$414,030
Assessed 2023
Previous assessed
$414,030
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$115,240
Assessed improvement
$298,790
Land market value
$329,250
Improvement market value
$853,680
Total market value
$1,182,930
Applied tax rate
15.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Bathrooms
1
Total area
3,550 SF
Lot
2.39 ac (104,108 SF)
APN
15-0039017.4000
UPID
US66-1411437
Jurisdiction
UNION
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
2004
Heating
NONE
Stories
1
Bathrooms
1
Lot
2.39 ac
Current owner
From public records · entity-resolved
D & B Memorial Properties LLC
Entity
Free & Clear · 14 yrs held
Mailing address
9000 MEMORIAL DR, PLAIN CITY, OH 43064-8619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jul 2, 2018
—
D & B Memorial Properties LLC
—
Trustees Deed
related
$600,000 · Huntington Nat'l Bk
Aug 31, 2011
$566,000
D & B Memorial Properties LLC
Judge Of Union County
Trustees Deed
related
—
Jan 29, 2004
$143,520
Michael A Lechler
J & J Land Dev Ltd
Grant Deed
$798,725 · Keybank USA
—
—
Malco LLC
—
Deed Of Trust
related
$200,104 · Keybank USA
—
—
Michael A Lechler
—
Deed Of Trust
related
$905,406 · Renee M Lechler
—
—
Malco LLC
—
Deed Of Trust
related
$788,615 · Keybank USA
—
—
D & B Memorial Properties LLC
—
Deed Of Trust
related
$300,000 · Firstmerit Bk
—
—
Michael A Lechler
—
Deed Of Trust
related
$905,406 · Renee M Lechler
—
—
Malco LLC
—
Deed Of Trust
related
$788,615 · Keybank USA
—
—
Malco LLC
—
Deed Of Trust
related
$200,104 · Keybank USA
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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