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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
Park Hls Dr, Fairborn, OH 45324
Individually Owned
10-yr Hold
Free & Clear
Property ID
US66-4031622
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1984
Total area
5,570 SF
Zoning code
PD-1
APN
A02-0002-0025.0-0008.00
UPID
US66-4031622
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
$656k
Blend (final)
Blend
$595k
Owner & transaction history
Curtis E Pearman · 10 yrs held
Curtis E Pearman
since 2016
4 recorded transactions
Zoning & alternative use
PD-1 · Fairborn, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$425,000
+12.0%
Medical building
$380,000
+1.1%
Commercial (general)
$380,000
+0.5%
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 Fairborn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairborn 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$380,000
Current use
RETAIL STORES
$425,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$380,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$380,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$107 / 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
$13,177
Tax year 2023
Assessed value
$215,190
Assessed 2023
Previous assessed
$215,190
+0.0% YoY
Effective rate
6.12%
On assessed value
Assessed land
$83,110
Assessed improvement
$132,080
Land market value
$237,450
Improvement market value
$377,360
Total market value
$614,810
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Total area
5,570 SF
Zoning code
PD-1
APN
A02-0002-0025.0-0008.00
UPID
US66-4031622
Jurisdiction
GREENE
Zoning & alternative use
PD-1 · Fairborn, OH
Zoning PD-1 · permitted uses
PD-1 · Fairborn, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairborn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$380,000
RETAIL STORES
Est. value
$425,000
MEDICAL BUILDING
Est. value
$380,000
COMMERCIAL (GENERAL)
Est. value
$380,000
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1984
Heating
NONE
Current owner
From public records · entity-resolved
Curtis E Pearman
Individual
Free & Clear · 10 yrs held
Mailing address
3445 NEWMARK DR, MIAMISBURG, OH 45342-5426
Ownership since
2016
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
Feb 29, 2016
$560,000
Curtis E Pearman
Oberer George R SR
Warranty Deed
—
Apr 3, 1998
—
Sugarbell Associates Ltd
Oberer,george
Quit Claim Deed
related
$1,550,000 · Midland Life Insurance Co
Aug 14, 1997
—
George R Oberer
—
Deed Of Trust
related
$1,350,000 · Safeco Life Insurance Co
—
—
Oberer George R SR Trust
—
Deed Of Trust
related
$650,000 · Symetra Life Insurance 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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