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Property profile & analytics
FOR LEASE
Strip malls
1114 Williams Reserve Blvd Wadsworth, OH 44281
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2900139
For Lease
1 / 2
$7,615,000
1114 Williams Reserve Blvd, Wadsworth, OH 44281
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
8,480 SF
Lot
1.23 ac (53,361 SF)
APN
040-20B-28-037
UPID
US66-2900139
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
-
Verizon Telecommunications Service Data Center
-
Bellezza Avanti Spa/Salon Hair Salon Nail Salon
-
Discount Garage Doo'r Spring & Opener Repair General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.62M
Owner & transaction history
Bodin Properties 7 LLC · 4 yrs held
Bodin Properties 7 LLC
since 2021
Last sale
$8.7M
6 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 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
$6,730,000
ML approach
$6,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.62M
Range $6.85M – $8.38M · ±10% · vs last sale $8.65M (Sep 29 2021)
Last sale anchor
$8.65M
Sep 29 2021
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
$898 / 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
$44,606
Tax year 2023
Assessed value
$738,520
Assessed 2023
Previous assessed
$701,450
+5.3% YoY
Effective rate
6.04%
On assessed value
Assessed land
$176,890
Assessed improvement
$561,630
Land market value
$505,410
Improvement market value
$1,604,650
Total market value
$2,110,060
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Total area
8,480 SF
Lot
1.23 ac (53,361 SF)
APN
040-20B-28-037
UPID
US66-2900139
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
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Bodin Properties 7 LLC
Entity
Mailing address
141 ALLEN TOUSSAINT BLVD #253, NEW ORLEANS, LA 70124-2534
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$8,650,000
Bodin Properties 7 LLC
T Wadsworth Crossings Oh LLC
Limited Warranty Deed
$6,920,000 · Wayne Savings Community Bank
Nov 26, 2018
$16,000
T Wadsworth Crossings Oh LLC
Bre Throne Wadsworth Crossing
Grant Deed
—
Nov 26, 2018
—
Wadsworth Crossings Oh LLC
—
Deed
related
$24,800 · Wells Fargo Bk
Jul 31, 2012
$14,383,805
Bre Throne Wadsworth Crossing
Djb No 23 Ltd Ptns
Grant Deed
$235,000,000 · Bank Of America
Dec 14, 2005
$9,500,000
Djb 23
Wadsworth Dev 76 LLC
Grant Deed
—
—
—
Wadsworth Crossings Oh LLC
—
Deed Of Trust
related
$24,800 · Wells Fargo 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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