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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Apartment buildings
115-119 Market St Jefferson, OH 44047
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-1950105
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
11,808 SF
Lot
1.37 ac (59,547 SF)
APN
26-022-00-089-01
UPID
US66-1950105
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$579k
Blend (final)
Blend
$790k
Owner & transaction history
Syket LLC · 11 yrs held
Syket LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$810,000
+58.3%
Office building
$730,000
+42.6%
Commercial (general)
$665,000
+30.2%
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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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
APARTMENT HOUSE (5+ UNITS)
$510,000
Current use
RESTAURANT
$810,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$665,000
Change: +30% · Conversion: Moderate
RETAIL STORES
$645,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$515,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$67 / 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
$8,461
Tax year 2023
Assessed value
$126,500
Assessed 2023
Previous assessed
$126,500
+0.0% YoY
Effective rate
6.69%
On assessed value
Assessed land
$16,840
Assessed improvement
$109,660
Land market value
$48,100
Improvement market value
$313,300
Total market value
$361,400
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
YES
Cooling
WINDOW A/C
Stories
2
Total area
11,808 SF
Lot
1.37 ac (59,547 SF)
APN
26-022-00-089-01
UPID
US66-1950105
Jurisdiction
ASHTABULA
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$510,000
RESTAURANT
Est. value
$810,000
OFFICE BUILDING
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$665,000
RETAIL STORES
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$615,000
WAREHOUSE, STORAGE
Est. value
$515,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1978
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.37 ac
Current owner
From public records · entity-resolved
Syket LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 464, JEFFERSON, OH 44047-0464
Ownership since
2015
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 1, 2015
$260,000
Syket LLC
Scrocca Pasquale
Warranty Deed
—
Apr 23, 2014
—
Pasquale Scrocca
111 South Market Street LLC
Warranty Deed
—
Jul 12, 2013
$315,000
111 Souht Market Street LLC
Jefferson Townhouse Apartments
Warranty Deed
$280,000 · Jefferson Townhouse Apartments
May 12, 2010
—
Jefferson Townhouse Apartments
Syperko,melitta
Warranty Deed
—
Jul 18, 2008
—
Melitta Syperko
Jefferson Townhouse Apartments LLC
Beneficiary Deed
$150,000 · Us 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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