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Property profile & analytics
OFF-MARKET
Estimated value
$7,845,000
Warehouses
985 Fls Crk Dr Vandalia, OH 45377-9686
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-5519541
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
WOOD
Total area
119,086 SF
Lot
8 ac (348,480 SF)
APN
B02 01224 0002
UPID
US66-5519541
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
-
Triad Technologies Corporate Headquarters Building Supply
-
Triad Technologies Vandalia ParkerStore Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.85M
Owner & transaction history
Cincinnati Capital Partners 549 LLC · 3 yrs held
Cincinnati Capital Partners 549 LLC
since 2023
Last sale
$8.5M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$11.4M
+158.4%
Auto repair, garage
$7.7M
+75.5%
Office building
$7.3M
+66.0%
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 Vandalia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vandalia 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
$6,990,000
ML approach
$7,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$11,385,000
Change: +158% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,730,000
Change: +76% · Conversion: Easy
OFFICE BUILDING
$7,310,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$7,230,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,485,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,345,000
Change: +21% · Conversion: Moderate
Blend value · Realmo final
$7.85M
Range $7.06M – $8.63M · ±10% · vs last sale $8.51M (Mar 7 2023)
Last sale anchor
$8.51M
Mar 7 2023
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
$66 / 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
$52,850
Tax year 2023
Assessed value
$691,380
Assessed 2023
Previous assessed
$691,380
+0.0% YoY
Effective rate
7.64%
On assessed value
Assessed land
$125,300
Assessed improvement
$566,080
Land market value
$358,000
Improvement market value
$1,617,380
Total market value
$1,975,380
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
119,086 SF
Lot
8 ac (348,480 SF)
APN
B02 01224 0002
UPID
US66-5519541
Jurisdiction
MONTGOMERY
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.4M
AUTO REPAIR, GARAGE
Est. value
$7.7M
OFFICE BUILDING
Est. value
$7.3M
RETAIL STORES
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
8 ac
Current owner
From public records · entity-resolved
Cincinnati Capital Partners 549 LLC
Entity
Mailing address
11590 CENTURY BLVD STE #204, DAYTON, OH 45426
Ownership since
2023
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
Mar 7, 2023
$8,512,500
Cincinnati Capital Partners 549 LLC
Wissman Enterprises LLC
Limited Warranty Deed
$6,600,000 · Forcht Bank NA
Feb 14, 2008
$2,300,000
Wissman Ents LLC
Parker-hannifin Corp
Grant Deed
$2,100,000 · Lafayette Life Insurance Co
Feb 23, 2001
$2,100,000
Parker Hannifin Corp
Ds Copco Ltd
Grant Deed
—
—
—
Wissman Ents LLC
—
Deed Of Trust
related
$2,500,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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