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Property profile & analytics
OFF-MARKET
Commercial real estate
881 Main St Franklin, OH 45005
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0064237
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Construction
STONE
Total area
3,328 SF
Lot
1.45 ac (63,031 SF)
APN
04-32-201-003-0
UPID
US66-0064237
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
Growth Focused Properties LLC · 2 yrs held
Growth Focused Properties LLC
since 2024
Last sale
$142,500
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$2,040
Tax year 2023
Assessed value
$32,067
Assessed 2023
Previous assessed
$32,067
+0.0% YoY
Effective rate
6.36%
On assessed value
Assessed land
$30,387
Assessed improvement
$1,680
Land market value
$86,820
Improvement market value
$4,800
Total market value
$91,620
Applied tax rate
21.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Construction
STONE
Heating
HOT WATER
Cooling
YES
Buildings
3
Stories
1
Bathrooms
2
Total area
3,328 SF
Lot
1.45 ac (63,031 SF)
APN
04-32-201-003-0
UPID
US66-0064237
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
1995
Construction
STONE
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
Growth Focused Properties LLC
Entity
Mailing address
3677 ANTHONY LN, FRANKLIN, OH 45005-4501
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$142,500
Growth Focused Properties LLC
Jerry Fugate
Land Contract
$139,500 · Not Available
Nov 2, 2023
$20,000
Jerry Fugate
Gabriel Ely
Warranty Deed
—
Oct 19, 2023
$20,000
Gabriel Ely
Jerry Fugate
Survivorship Deed
—
Jan 7, 2016
$20,000
Jerry Fugate
Phoenix Reo LLC
Grant Deed
—
Jun 18, 2015
—
Phoenix Reo LLC
Phoenix Npl LLC
Quit Claim Deed
related
—
Apr 2, 2015
$6,667
Phoenix Npl LLC
National Republic Bk Of Chicago
Grant Deed
—
Dec 19, 2013
$86,667
National Republic Bk Of Chicago
Sheriff Of Warren
Trustees Deed
related
—
Sep 20, 2007
$260,000
Triloka INC
Patel,ashok & Meenaxi
Warranty Deed
$210,000 · National Republic Bank Chicago
Jul 12, 2006
$225,000
Ashok Patel
Collie,james K & Carol F
Warranty Deed
$56,724 · James K & Carol F Collie
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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