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Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Outlet malls
9450 Flds Ertel Rd, Loveland, OH 45140
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1690862
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1994
Total area
20,829 SF
Lot
1.87 ac (81,370 SF)
APN
620-0190-0619-00
UPID
US66-1690862
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
$3.45M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$2.78M
Owner & transaction history
Mc Land Co LLC · 8 yrs held
Mc Land Co LLC
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.8M
+90.2%
Commercial (general)
$3.5M
+71.7%
Restaurant
$3.2M
+55.9%
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 Loveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loveland 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%
$3,730,000
6.5%
$3,445,000
7%
$3,200,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,020,000
Current use
AUTO REPAIR, GARAGE
$3,845,000
Change: +90% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,470,000
Change: +72% · Conversion: Easy
RESTAURANT
$3,150,000
Change: +56% · Conversion: Easy
MEDICAL BUILDING
$2,475,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$2,225,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,820,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±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
$133 / 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
$45,022
Tax year 2023
Assessed value
$585,190
Assessed 2023
Previous assessed
$563,508
+3.8% YoY
Effective rate
7.69%
On assessed value
Assessed land
$280,921
Assessed improvement
$304,269
Land market value
$802,630
Improvement market value
$869,340
Total market value
$1,671,970
Applied tax rate
212.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1994
Heating
YES
Stories
1
Rooms
4
Total area
20,829 SF
Lot
1.87 ac (81,370 SF)
APN
620-0190-0619-00
UPID
US66-1690862
Jurisdiction
HAMILTON
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
RETAIL STORES Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RESTAURANT
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1994
Heating
YES
Stories
1
Rooms
4
Lot
1.87 ac
Current owner
From public records · entity-resolved
Mc Land Co LLC
Entity
Free & Clear · 8 yrs held
Mailing address
250 CIVIC CTR DR STE #500, COLUMBUS, OH 43215-5088
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 26, 2018
$271,288
Mc Land Co LLC
Cp Montgomery LLC
Grant Deed
—
Dec 12, 2016
—
Cp Montgomery LLC
Oh Retail II Ll LLC
Deed In Lieu Of Foreclosure
$10,300,000 · Associated Bk
Jan 12, 2006
—
Oh Retail II Ll LLC
Ssc Montgomery Crossing LLC
Grant Deed
—
Aug 14, 2001
$2,844,000
Ssc Montgomery Crossing LLC
Duke Realty LP
Grant Deed
$4,320,000 · Key Bank NA
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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