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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Flex space
Chickasaw, OH 45826
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-3429337
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1991
Total area
7,000 SF
Lot
3.41 ac (148,583 SF)
APN
12-11-354-002
UPID
US66-3429337
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Cjs Property Chickasaw LLC · 3 yrs held
Cjs Property Chickasaw LLC
since 2022
Last sale
$930,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$815,000
+142.8%
Office building
$810,000
+141.2%
Apartment house (5+ units)
$760,000
+126.1%
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 Chickasaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chickasaw 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
$830,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$815,000
Change: +143% · Conversion: Difficult
OFFICE BUILDING
$810,000
Change: +141% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$760,000
Change: +126% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +114% · Conversion: Moderate
AUTO REPAIR, GARAGE
$690,000
Change: +105% · Conversion: Easy
MEDICAL BUILDING
$660,000
Change: +96% · Conversion: Difficult
RESTAURANT
$650,000
Change: +93% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $930k (Oct 26 2022)
Last sale anchor
$930k
Oct 26 2022
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
$126 / 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
$5,624
Tax year 2023
Assessed value
$113,550
Assessed 2023
Previous assessed
$109,950
+3.3% YoY
Effective rate
4.95%
On assessed value
Assessed land
$11,100
Assessed improvement
$102,450
Land market value
$31,720
Improvement market value
$292,700
Total market value
$324,420
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1991
Heating
NONE
Total area
7,000 SF
Lot
3.41 ac (148,583 SF)
APN
12-11-354-002
UPID
US66-3429337
Jurisdiction
MERCER
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
COMMERCIAL (GENERAL)
Est. value
$815,000
OFFICE BUILDING
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$760,000
RETAIL STORES
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$690,000
MEDICAL BUILDING
Est. value
$660,000
RESTAURANT
Est. value
$650,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
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
Heating
NONE
Lot
3.41 ac
Current owner
From public records · entity-resolved
Cjs Property Chickasaw LLC
Entity
Mailing address
3050 CHICKASAW RD, CHICKASAW, OH 45826-4523
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
$930,000
Cjs Property Chickasaw LLC
Norbert B Tangeman
Warranty Deed
$81,207 · Chickasaw Machine & Tool Co INC
Oct 26, 2022
$80,000
Cjs Property Chickasaw LLC
John Spoltman
Warranty Deed
$855,000 · The Norbert B Tangeman Revocable Tr
Mar 8, 2017
—
Norbert B Tangeman
Norbert Tangeman
Intrafamily Transfer
related
—
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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