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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Specialty properties
1051 Akron Rd Wadsworth, OH 44281
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0094425
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2007
Total area
3,832 SF
Lot
56.46 ac (2,459,398 SF)
APN
040-20B-28-016
UPID
US66-0094425
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$525k
Owner & transaction history
Startford Commons Owner LLC · 2 yrs held
Startford Commons Owner LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$545,000
+39.6%
Commercial (general)
$465,000
+18.8%
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 Wadsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wadsworth 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
by Request
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$390,000
Current use
WAREHOUSE, STORAGE
$545,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$465,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$375,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$375,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$365,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$137 / 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
$610,405
Tax year 2023
Assessed value
$10,106,250
Assessed 2023
Previous assessed
$10,106,250
+0.0% YoY
Effective rate
6.04%
On assessed value
Assessed land
$561,310
Assessed improvement
$9,544,940
Land market value
$1,603,730
Improvement market value
$27,271,270
Total market value
$28,875,000
Applied tax rate
40.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Buildings
7
Stories
1
Total area
3,832 SF
Lot
56.46 ac (2,459,398 SF)
APN
040-20B-28-016
UPID
US66-0094425
Jurisdiction
MEDINA
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$390,000
WAREHOUSE, STORAGE
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$465,000
OFFICE BUILDING
Est. value
$375,000
AUTO REPAIR, GARAGE
Est. value
$375,000
MEDICAL BUILDING
Est. value
$365,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2007
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Lot
56.46 ac
Current owner
From public records · entity-resolved
Startford Commons Owner LLC
Entity
Mailing address
50 PUBLIC SQ APT #1414, CLEVELAND, OH 44113-2257
Ownership since
2024
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
Apr 12, 2024
—
Startford Commons Owner LLC
Fc Stratford Crossings LLC
Deed
—
Jan 9, 2019
—
Fc Stratford Crossing LLC
—
Deed
related
$25,280,000 · Wells Fargo Bank NA
Apr 1, 2015
$8,661,000
Fc Stratford Crossings LLC
Hgg Stratford Crossings Ltd
Warranty Deed
—
Sep 30, 2014
—
Hgg Stratford Crossings Ltd
Stratford Crossings Ltd
Quit Claim Deed
—
Jun 30, 2006
$1,550,000
Stratford Crossings Ltd
Wadsworth Dev 76 LLC
Grant Deed
—
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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