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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Commercial real estate
4747 Heatherdowns Blvd Toledo, OH 43614
Individually Owned
2-yr Hold
Free & Clear
Property ID
US66-2743955
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Total area
54,112 SF
Lot
11.69 ac (508,999 SF)
Zoning code
10-IC
APN
21-00747
UPID
US66-2743955
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
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$610k
Owner & transaction history
Midland Title Agency Of Northwest O · 2 yrs held
Midland Title Agency Of Northwest O
since 2023
Last sale
$400,000
5 recorded transactions
Zoning & alternative use
10-IC · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
$450,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $400k (Dec 1 2023)
Last sale anchor
$400k
Dec 1 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
$11 / 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
$10,380
Tax year 2023
Assessed value
$83,895
Assessed 2023
Previous assessed
$83,895
+0.0% YoY
Effective rate
12.37%
On assessed value
Assessed land
$35,175
Assessed improvement
$48,720
Land market value
$100,500
Improvement market value
$139,200
Total market value
$239,700
Applied tax rate
21.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Heating
NONE
Stories
2
Total area
54,112 SF
Lot
11.69 ac (508,999 SF)
Zoning code
10-IC
APN
21-00747
UPID
US66-2743955
Jurisdiction
LUCAS
Zoning & alternative use
10-IC · Toledo, OH
Zoning 10-IC · permitted uses
10-IC · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
2
Lot
11.69 ac
Current owner
From public records · entity-resolved
Midland Title Agency Of Northwest O
Individual
Free & Clear · 2 yrs held
Mailing address
401 ADAMS ST, TOLEDO, OH 43604-1401
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
—
Midland Agency Of Northwest Ohio
—
Deed
related
$10,000 · Civista Bank
Dec 1, 2023
—
Midland Title Agency Of Northwest O
Midland Title Agency Of Northwest O
Intrafamily Transfer
related
—
Nov 21, 2023
$400,000
Midland Agency Of Northwest Ohio In
Midwest Creative Investments LLC
Warranty Deed
—
Sep 13, 2010
$225,000
Midwest Creative Invs LLC
Heatherdowns Prop Holdings LLC
Warranty Deed
—
Jul 23, 2010
—
Heatherdowns Prop Holdings LLC
Heatherdowns Prop Holdings LLC
Quit Claim Deed
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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