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Property profile & analytics
OFF-MARKET
Estimated value
$7,405,000
Warehouses
1050 Jaycox Rd Avon, OH 44011-1312
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-1145690
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
63,062 SF
Lot
14.02 ac (610,711 SF)
APN
04-00-021-000-228
UPID
US66-1145690
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
-
Chalfant Manufacturing Company Industrial Manufacturer Production Facility
-
North Coast Bearings Inc Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.48M
CAP Approach
CAP
$4.45M
Comparable Approach
Comparable
$8.18M
Blend (final)
Blend
$7.41M
Owner & transaction history
Chalfant Manufacturing Co · 6 yrs held
Chalfant Manufacturing Co
since 2020
Last sale
$7.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.9M
+92.4%
Apartment house (5+ units)
$8.8M
+71.0%
Office building
$6.1M
+18.4%
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 Avon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon 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
$8,900,000
ML approach
$7,480,000
CAP Approach
CAP Return
Estimation
6%
$4,820,000
6.5%
$4,450,000
7%
$4,135,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,145,000
Current use
RESTAURANT
$9,905,000
Change: +92% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,800,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$6,095,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$5,875,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,190,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,180,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,865,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$7.41M
Range $6.66M – $8.15M · ±10% · vs last sale $6.98M (Jul 7 2020)
Last sale anchor
$6.98M
Jul 7 2020
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
$117 / 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
$165,710
Tax year 2023
Assessed value
$2,581,243
Assessed 2023
Previous assessed
$2,581,240
+0.0% YoY
Effective rate
6.42%
On assessed value
Assessed land
$559,720
Assessed improvement
$2,021,523
Land market value
$1,599,200
Improvement market value
$5,775,780
Total market value
$7,374,980
Applied tax rate
10.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
63,062 SF
Lot
14.02 ac (610,711 SF)
APN
04-00-021-000-228
UPID
US66-1145690
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.1M
RESTAURANT
Est. value
$9.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.8M
OFFICE BUILDING
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
WAREHOUSE, STORAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
14.02 ac
Current owner
From public records · entity-resolved
Chalfant Manufacturing Co
Entity
Mailing address
50 PEARL RD, BRUNSWICK, OH 44212-5700
Ownership since
2020
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
Jul 7, 2020
$27,900
Chalfant Manufacturing Co
Bcsa Properties LP
Grant Deed
—
Jun 7, 2019
—
Bcsa Properties LP
—
Deed
related
$2,550,000 · Hagy William P JR Trust (rt)
May 6, 2005
—
Bcsa Properties
Bcsa Properties
Quit Claim Deed
related
—
—
—
Bcsa Properties LP
—
Deed Of Trust
related
$2,550,000 · Hagy William P JR Trust (rt)
—
—
Bcsa Properties
—
Deed Of Trust
related
$4,136,992 · Key Bank NA
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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