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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Warehouses
10740 Airport Hwy, Swanton, OH 43558-9610
Entity Owned
13-yr Hold
Free & Clear
Property ID
US66-0187119
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
50,451 SF
Lot
5.63 ac (245,243 SF)
Zoning code
17-MX
APN
38-28831
UPID
US66-0187119
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
-
LOCK -IT-UP SELF STORAGE Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$885k
Owner & transaction history
Lock-it-up LLC · 13 yrs held
Lock-it-up LLC
since 2012
7 recorded transactions
Zoning & alternative use
17-MX · Swanton, 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 Swanton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swanton 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$18 / 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
$18,617
Tax year 2023
Assessed value
$226,940
Assessed 2023
Previous assessed
$226,940
+0.0% YoY
Effective rate
8.20%
On assessed value
Assessed land
$69,965
Assessed improvement
$156,975
Land market value
$199,900
Improvement market value
$448,500
Total market value
$648,400
Applied tax rate
38.0000
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
1997
Heating
NONE
Stories
1
Total area
50,451 SF
Lot
5.63 ac (245,243 SF)
Zoning code
17-MX
APN
38-28831
UPID
US66-0187119
Jurisdiction
LUCAS
Zoning & alternative use
17-MX · Swanton, OH
Zoning 17-MX · permitted uses
17-MX · Swanton, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Swanton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Lot
5.63 ac
Current owner
From public records · entity-resolved
Lock-it-up LLC
Entity
Free & Clear · 13 yrs held
Mailing address
7150 W CENTRAL AVE STE #200, TOLEDO, OH 43617-1163
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
—
Lock It Up LLC
—
Deed
related
$601,000 · Waterford Bank NA
Oct 31, 2014
—
Lock-it-up LLC
—
Loan Modification
related
$21,142,500 · Pnc Bk
Sep 19, 2012
—
Lock-it-up LLC
Tolson,harvey A
Warranty Deed
—
Sep 17, 2010
—
Harvey A Tolson
—
Deed Of Trust
related
$22,342,052 · Pnc Bank
Jun 9, 2006
—
Green Sweep INC
Tolson,harvey A
Quit Claim Deed
related
—
May 9, 2006
$1,250,000
Harvey A Tolson
Airport Highway Mini Warehouse
Warranty Deed
—
—
—
Lock-it-up LLC
—
Loan Modification
related
$21,132,500 · Pnc Bk
—
—
Lock-it-up LLC
—
Loan Modification
related
$21,132,500 · Pnc Bk
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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