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Property profile & analytics
FOR SALE
Auto shops
1033 Cleveland Rd W Sandusky, OH 44870
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1184790
For Sale
1 / 54
Contact for pricing
1033 Cleveland Rd W, Sandusky, OH 44870
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1957
Construction
WOOD
Total area
1,247 SF
Lot
0.49 ac (21,344 SF)
APN
57-04642-000
UPID
US66-1184790
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
-
Grathwol, LLC Car Dealership
-
Norcoss Automotive Auto Repair Shop
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
1033 Cleveland Road Holdings LLC · 3 yrs held
1033 Cleveland Road Holdings LLC
since 2023
Last sale
$125,000
4 recorded transactions
Zoning & alternative use
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 Sandusky submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandusky 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
$1,103
Tax year 2023
Assessed value
$16,201
Assessed 2023
Previous assessed
$16,201
+0.0% YoY
Effective rate
6.81%
On assessed value
Assessed land
$10,290
Assessed improvement
$5,911
Land market value
$29,400
Improvement market value
$16,890
Total market value
$46,290
Applied tax rate
57.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1957
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,247 SF
Lot
0.49 ac (21,344 SF)
APN
57-04642-000
UPID
US66-1184790
Jurisdiction
ERIE
Zoning & alternative use
Zoning · permitted uses
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
1957
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
1033 Cleveland Road Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1226 MARLBORO ST, SANDUSKY, OH 44870-4042
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2023
$93,750
1033 Cleveland Road Holdings LLC
George J Norcross
Warranty Deed
—
Jun 6, 2023
$125,000
1033 Cleveland Road Holdings LLC
George J Norcross
Warranty Deed
—
Aug 30, 2012
$80,700
Norcross,george J
Sheriff Of County Of Ohio
Trustees Deed
related
—
Dec 7, 2004
$130,000
Newman,timothy L & Pamela C
Newman,william E
Grant Deed
related
$160,000 · Old Fort Bkng
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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