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Property profile & analytics
OFF-MARKET
Flex space
8975 National Rd New Carlisle, OH 45344-9287
Individually Owned
4-yr Hold
Free & Clear
Property ID
US66-0599039
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1983
Construction
BRICK
Total area
2,997 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B-3
APN
010-05-00015-202-010
UPID
US66-0599039
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
Keith Grimm JR · 4 yrs held
Keith Grimm JR
since 2022
4 recorded transactions
Zoning & alternative use
B-3 · New Carlisle, OH
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 New Carlisle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Carlisle 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
$2,157
Tax year 2023
Assessed value
$33,340
Assessed 2023
Previous assessed
$33,340
+0.0% YoY
Effective rate
6.47%
On assessed value
Assessed land
$9,830
Assessed improvement
$23,510
Land market value
$28,080
Improvement market value
$67,160
Total market value
$95,240
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1983
Construction
BRICK
Heating
NONE
Stories
1
Total area
2,997 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B-3
APN
010-05-00015-202-010
UPID
US66-0599039
Jurisdiction
CLARK
Zoning & alternative use
B-3 · New Carlisle, OH
Zoning B-3 · permitted uses
B-3 · New Carlisle, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Carlisle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
BRICK
Heating
NONE
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Keith Grimm JR
Individual
Free & Clear · 4 yrs held
Mailing address
3715 PINEWOOD AVE, SPRINGFIELD, OH 45502-6926
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
—
Keith Grimm JR
Estate Of John S Grimm
Certificate Of Transfer
—
Mar 13, 2013
$105,000
John Grimm
Jab Investments LLC
Warranty Deed
—
Jul 18, 2001
$100,000
Jab Investments LLC
Coldwell,william C & Connie E
Grant Deed
$80,000 · Fifth Third Bank Western Oh
—
—
Jab Investments LLC
—
Deed Of Trust
related
$73,300 · Huntington 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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