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Property profile & analytics
FOR LEASE
Medical Office Space
912 E 2Nd St Defiance, OH 43512
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-3030821
For Lease
1 / 8
$350/Mo
912 E 2Nd St, Defiance, OH 43512
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1925
Construction
FRAME
Total area
2,017 SF
Lot
0.13 ac (5,807 SF)
APN
B014145009400
UPID
US66-3030821
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
-
Bidlack Insurance & Financial Services Insurance Agency
-
Malhoit & Associates - Ameriprise Financial Services, LLC Financial Advisor
-
Grit & Grace Inspired Crisis Center Medical Clinic
-
acupuncture Medical Clinic Alternative Medicine Practice
-
Ian Malhoit - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
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
Smiddy Properties LLC · 4 yrs held
Smiddy Properties LLC
since 2022
Last sale
$265,000
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 Defiance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Defiance 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
$3,479
Tax year 2023
Assessed value
$72,600
Assessed 2023
Previous assessed
$20,520
+253.8% YoY
Effective rate
4.79%
On assessed value
Assessed land
$3,330
Assessed improvement
$69,270
Land market value
$9,510
Improvement market value
$197,910
Total market value
$207,420
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1925
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
2
Total area
2,017 SF
Lot
0.13 ac (5,807 SF)
APN
B014145009400
UPID
US66-3030821
Jurisdiction
DEFIANCE
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
1925
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Smiddy Properties LLC
Entity
Mailing address
26825 ELLIOTT RD, DEFIANCE, OH 43512-8794
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$265,000
Smiddy Properties LLC
Kamren James LLC
Warranty Deed
$180,000 · The Citizens National Bank Of Bluff
Jan 21, 2021
—
Kamren James LLC
—
Deed
related
$677,000 · Premier Bank
Jun 28, 2019
—
Kamren James LLC
—
Deed
related
$548,000 · First Federal Bank Of The Midwest
Dec 10, 2015
—
Kamren James LLC
Matthew J Joost
Quit Claim Deed
related
—
Mar 1, 2011
$100,000
Matthew J Joost
Joost & Joost Ltd
Warranty Deed
$164,000 · First Federal Bank Of The Midwest
Mar 23, 2010
$47,500
Joost And Joost Ltd
Clifford D Ruggles
Warranty Deed
$60,000 · First Federal Bank Of The Midwest
Aug 9, 2005
—
Clifford D Ruggles
Miriam Matthew
Warranty Deed
$107,200 · Fifth Third 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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