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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Auto shops
1111 Main St Kent, OH 44240-2007
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1563904
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Total area
40,306 SF
Lot
8.55 ac (372,351 SF)
APN
17-027-00-00-010-001
UPID
US66-1563904
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
-
Mike Dobson Toyota Sales Specialist Car Dealership
-
Toyota of Kent Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.90M
Blend (final)
Blend
$3.86M
Owner & transaction history
Kg Real Estate Holding Kent LLC · 4 yrs held
Kg Real Estate Holding Kent LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.3M
+101.5%
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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,105,000
Current use
RESTAURANT
$6,255,000
Change: +102% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,065,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$3,040,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,555,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±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
$96 / 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
$73,058
Tax year 2023
Assessed value
$1,060,540
Assessed 2023
Previous assessed
$1,060,540
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$240,840
Assessed improvement
$819,700
Land market value
$688,100
Improvement market value
$2,342,000
Total market value
$3,030,100
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
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
40,306 SF
Lot
8.55 ac (372,351 SF)
APN
17-027-00-00-010-001
UPID
US66-1563904
Jurisdiction
PORTAGE
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
AUTO REPAIR, GARAGE Current
Est. value
$3.1M
RESTAURANT
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
RETAIL STORES
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
WAREHOUSE, STORAGE
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
1989
Heating
NONE
Stories
1
Lot
8.55 ac
Current owner
From public records · entity-resolved
Kg Real Estate Holding Kent LLC
Entity
Mailing address
161 W GARFIELD RD, AURORA, OH 44202-8846
Ownership since
2021
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
Apr 18, 2022
—
Kg Real Estate Investments Aurora L
—
Deed
related
$861,800,000 · Truist Bank
Oct 27, 2021
—
Kg Real Estate Holding Kent LLC
Jdj Real Estate LLC
Limited Warranty Deed
$1,750,000 · Truist Bank
Jul 26, 2019
—
Jdj Real Estate LLC
—
Deed
related
$4,500,000 · Toyota Motor Credit
Nov 9, 2012
—
Jdj Real Estate LLC
Don Joseph INC
Warranty Deed
related
—
Apr 16, 2010
—
City Of Kent
Don Joseph INC
Warranty Deed
related
—
Jul 15, 2008
—
Don Joseph INC
—
Grant Deed
related
$5,796,000 · Toyota Motor Credit Corp
Jul 16, 2004
—
Don Joseph INC
Don Joseph INC
Quit Claim Deed
related
$1,250,000 · National City Bank
—
—
Jdj Real Estate LLC
—
Deed Of Trust
related
$4,500,000 · Toyota Motor Credit
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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