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Property profile & analytics
OFF-MARKET
Office buildings
103 Riv Rd Waterville, OH 43566-1499
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-6212758
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
3,496 SF
Lot
0.25 ac (10,838 SF)
Zoning code
39-C1
APN
96-10251
UPID
US66-6212758
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
-
Heritage Financial Advisors LLC Financial Advisor
-
ProTrade Steel Company Ltd Business Broker
-
Nationwide Insurance: David S Schwab Insurance Agency
-
Steve Wright Insurance: Agent for Nationwide and Progressive Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rubber Tree Properties LLC · 7 yrs held
Rubber Tree Properties LLC
since 2019
4 recorded transactions
Zoning & alternative use
39-C1 · Waterville, 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 Waterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,362
Tax year 2023
Assessed value
$114,380
Assessed 2023
Previous assessed
$114,380
+0.0% YoY
Effective rate
7.31%
On assessed value
Assessed land
$15,295
Assessed improvement
$99,085
Land market value
$43,700
Improvement market value
$283,100
Total market value
$326,800
Applied tax rate
96.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
3,496 SF
Lot
0.25 ac (10,838 SF)
Zoning code
39-C1
APN
96-10251
UPID
US66-6212758
Jurisdiction
LUCAS
Zoning & alternative use
39-C1 · Waterville, OHZoning 39-C1 · permitted uses
39-C1 · Waterville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Rubber Tree Properties LLC
Entity
Mailing address
15618 JOHN F MCCARTHY WAY, PERRYSBURG, OH 43551-7622
Ownership since
2019
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
Jun 5, 2019
$315,000
Rubber Tree Properties LLC
Swiss Co Ltd
Warranty Deed
$267,750 · Waterford Bank NA
Jan 17, 2007
—
Swiss Co Ltd
Sargeant Charlotte B Trust
Grant Deed
—
Jul 16, 2004
$550,000
Sargeant,tr
Bardomi Enterprises INC
Grant Deed
—
—
—
Bardomi Enterprises INC
—
Deed Of Trust
related
$368,000 · Sky Bank
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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