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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Manufacturing properties
1151 Ottokee St, Wauseon, OH 43567-1911
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-4325731
Property summary
AI-generated overview
This exceptional 77,200-square-foot industrial property in Wauseon, Ohio, presents a unique opportunity for lease or sale. Situated at 1151 N Ottokee St, this single-story building boasts a versatile design suitable for manufacturing, commercial, or flex space uses. Constructed in 1956 and renovated in 1975, the property features two loading docks and ample parking for 33 vehicles. The building sits on a 230-foot frontage and benefits from 3-phase, 440V power. Zoned M2-General Industrial, the property allows for a wide range of uses, including distribution and office/warehouse operations. Conveniently located less than two miles south of the Ohio Turnpike (I-80/I-90) Exit 34, this location offers excellent access to major transportation routes. The property also includes four additional acres, providing potential for future expansion. The property's address is 1151 N Ottokee St, Wauseon, OH 43567, with a cross street of W Linfoot St and APN 06-015584-00.000. This is a single-tenant building with no elevators. This prime industrial space is ready for immediate occupancy. Serious inquiries only.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Total area
61,462 SF
Lot
8.91 ac (388,120 SF)
APN
06-015584-00.000
UPID
US66-4325731
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
-
Perfection Finishers Inc Factory Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$760k
Owner & transaction history
Ottokee Realty LLC · 2 yrs held
Ottokee Realty LLC
since 2024
Last sale
$760,000
3 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 Wauseon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wauseon 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
$760,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $760k (Jan 24 2024)
Last sale anchor
$760k
Jan 24 2024
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
$12 / 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
$9,952
Tax year 2023
Assessed value
$154,770
Assessed 2023
Previous assessed
$154,770
+0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$62,580
Assessed improvement
$92,190
Land market value
$178,800
Improvement market value
$263,400
Total market value
$442,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Heating
SPACE
Stories
1
Total area
61,462 SF
Lot
8.91 ac (388,120 SF)
APN
06-015584-00.000
UPID
US66-4325731
Jurisdiction
FULTON
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
1956
Heating
SPACE
Stories
1
Lot
8.91 ac
Current owner
From public records · entity-resolved
Ottokee Realty LLC
Entity
Mailing address
5102 BRENDEN WAY, SYLVANIA, OH 43560-2223
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2024
$760,000
Ottokee Realty LLC
Perfecton Finishers Incorporated
Warranty Deed
$570,000 · The Metamora State Bank
Oct 29, 2019
—
Pefrection Finishers
—
Deed
related
$551,802 · The Farmers & Merchants State Bank
May 6, 2016
—
Perfection Finishers Incorporated
Strayer Family Limited Partnership
Limited Warranty Deed
$250,000 · The Farmers & Merchants State Bank
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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