Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Randolph St Wilmington, OH 45177
    Back to Search
    Property profile & analytics

    Randolph St, Wilmington, OH 45177

    View on Map
    • Office buildings
    • 0.12 lot acres
    Off-Market
    Property ID
    US66-3582795
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for Randolph St

    Lot size
    0.12 lot acres
    Property type
    Office buildings
    APN
    290-23-06-03-00C8-00
    APU
    29023060300C800

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 11, 2019 $207,000 Robert J Hunt Lone Tree LLC Warranty Deed $166k · Union Sla

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Clinton
    State
    Ohio
    Longitude
    -83.8312
    Latitude
    39.4341
    CBSA code
    48940
    CBSA name
    WILMINGTON, OH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $161
    $3,850
    $0.00
    $3,850
    -
    $11,000
    $0.00
    $11,000

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      Rombach Ave

      OFFICE BUILDING
      Rombach Ave, Wilmington, OH 45177
      View Details
    • Value Estimation by Request
      1,364 SF

      779 Xenia Ave

      OFFICE BUILDING
      779 Xenia Ave, Wilmington, OH 45177-1375
      View Details
    • Value Estimation by Request
      2,342 SF

      160 Locust St

      OFFICE BUILDING
      160 Locust St, Wilmington, OH 45177-2208
      View Details
    • Value Estimation by Request
      1,732 SF

      1660 Main St

      OFFICE BUILDING
      1660 Main St, Wilmington, OH 45177-1072
      View Details
    • Value Estimation
      $1,100,000
      9,600 SF

      2754 Old State Rte 73

      OFFICE BUILDING
      2754 Old State Rte 73, Wilmington, OH 45177-9388
      View Details
    • Value Estimation by Request
      1,625 SF

      586 Pr Ave

      OFFICE BUILDING
      586 Pr Ave, Wilmington, OH 45177-1770
      View Details

    Similar Nearby for Sale

    • $995,000
      9,636 SF

      Charming Office Building with Modern Addition

      Spacious office building with historic charm and modern amenities.
      825 W Locust St, Wilmington, OH 45177
      View Details
    • $290,000
      3,000 SF

      Wilmington Office Space For Sale

      3000 sq ft office space remodeled in 2020.
      602 South St, Wilmington, OH 45177
      View Details
    • Contact for pricing
      1,744,320 SF

      Wilmington Air Park Business Park

      Integrated aviation and logistics business park with industrial and office space.
      3512 Progress Way, Wilmington, OH 45177
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease.
      780 Davids Dr, Wilmington, OH 45177
      View Details
    • $64,500
      0.13 Acres

      Vacant Land in High Traffic

      Vacant lot in Wilmington, OH, build your future opportunity.
      129 Owens Ave, Wilmington, OH 45177
      View Details
    • Contact for pricing

      20 Acres Industrial Land Parcel

      20 acres of industrial land with retail/commercial conditional use.
      3 & Us 22, Wilmington, OH 45177
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,405 SF

      Available Office Building For Lease

      Office/Admin building with 5,405 SF available for lease.
      1113 Airport Rd, Wilmington, OH 45177
      View Details
    • Contact for pricing
      28,164 SF

      High-Visibility Commercial Space Available

      Strategically located commercial space with high traffic and visibility.
      2251 Rombach Ave, Wilmington, OH 45177
      View Details
    • Contact for pricing
      13,293 SF

      Retail Space in Wilmington, OH

      Retail property available for rent in Wilmington, Ohio.
      935-1025 S South St S, Wilmington, OH 45177
      View Details
    • Contact for pricing

      Retail Space in Wilmington Square

      Retail space available in established shopping center.
      2855 Progress Way, Wilmington, OH 45177
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      1.4 acre commercial land parcel with high visibility and accessibility.
      Roberts Rd, Wilmington, OH 45177
      View Details
    • Contact for pricing
      299,000 SF

      Expandable Industrial Facility in Wilmington

      Rear-load facility divisible to 50,000 SF with expansion potential.
      Airborne Rd, Wilmington, OH 45177
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Randolph St
    Wilmington, OH 45177
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Randolph St, Wilmington, OH, 45177
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!