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Property profile & analytics
OFF-MARKET
Estimated value
$6,405,000
Manufacturing properties
8685 Bilstein Blvd Hamilton, OH 45015-2205
Individually Owned
19-yr Hold
Free & Clear
Property ID
US66-2058012
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Total area
120,434 SF
Lot
32.35 ac (1,409,253 SF)
APN
P6461-059.000-044
UPID
US66-2058012
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
-
thyssenkrupp Bilstein of America, Inc. Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.41M
Owner & transaction history
Thyssenkrupp Bilstein Of America · 19 yrs held
Thyssenkrupp Bilstein Of America
since 2007
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.6M
+71.0%
Office building
$8.3M
+47.6%
Retail stores
$8.1M
+45.1%
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 Hamilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamilton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,590,000
Current use
COMMERCIAL (GENERAL)
$9,560,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$8,255,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$8,115,000
Change: +45% · Conversion: Moderate
Blend value · Realmo final
$6.41M
Range $5.76M – $7.05M · ±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
$53 / 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
$126,844
Tax year 2023
Assessed value
$2,350,600
Assessed 2023
Previous assessed
$1,206,240
+94.9% YoY
Effective rate
5.40%
On assessed value
Assessed land
$302,140
Assessed improvement
$2,048,460
Land market value
$863,270
Improvement market value
$5,852,740
Total market value
$6,716,010
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Heating
HOT WATER
Cooling
NONE
Buildings
3
Stories
1
Total area
120,434 SF
Lot
32.35 ac (1,409,253 SF)
APN
P6461-059.000-044
UPID
US66-2058012
Jurisdiction
BUTLER
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
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$9.6M
OFFICE BUILDING
Est. value
$8.3M
RETAIL STORES
Est. value
$8.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1965
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
3
Lot
32.35 ac
Current owner
From public records · entity-resolved
Thyssenkrupp Bilstein Of America
Individual
Free & Clear · 19 yrs held
Mailing address
9450 SW GEMINI DR STE #28424, BEAVERTON, OR 97008-7105
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2007
$2,374,332
Thyssenkrupp Bilstein Of America
Thyssenkrupp Automotive Sales
Grant Deed
—
Sep 28, 2006
$1,141,700
Gilmore & Symmes Props LLC
Thyssenkrupp Automotive Sales
Grant 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.
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