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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Retail space
1180 Main St, Bowling Green, OH 43402-1388
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0288992
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Total area
9,856 SF
Lot
1.46 ac (63,598 SF)
APN
B07-511-1800-00-008.009
UPID
US66-0288992
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
-
Lance Wood - State Farm Insurance Agent Insurance Agency
-
ProMedica Total Rehab - Bowling Green Medical Clinic
-
Thomas A. Snyder, DC Alternative Medicine Practice
-
Jake Moore Medical Clinic
-
Promedica Physicians Wood County School Consortium Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$935k
Owner & transaction history
Mtre Enterprises LLC · 1 yrs held
Mtre Enterprises LLC
since 2024
Last sale
$25,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+26.4%
Auto repair, garage
$1.2M
+17.4%
Industrial (general)
$1.0M
+3.1%
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 Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green 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%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
RETAIL STORES
$985,000
Current use
COMMERCIAL (GENERAL)
$1,245,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,155,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,015,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$860,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $25k (Aug 21 2024)
Last sale anchor
$25k
Aug 21 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
$95 / 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
$19,560
Tax year 2023
Assessed value
$323,930
Assessed 2023
Previous assessed
$307,790
+5.2% YoY
Effective rate
6.04%
On assessed value
Assessed land
$170,590
Assessed improvement
$153,340
Land market value
$487,400
Improvement market value
$438,100
Total market value
$925,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
9,856 SF
Lot
1.46 ac (63,598 SF)
APN
B07-511-1800-00-008.009
UPID
US66-0288992
Jurisdiction
WOOD
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
RETAIL STORES Current
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$860,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2001
Heating
NONE
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Mtre Enterprises LLC
Entity
Mailing address
445 E WOOSTER ST, BOWLING GREEN, OH 43402-2927
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
$25,000
Mtre Enterprises LLC
Premier Bank
Warranty Deed
—
Sep 16, 2021
—
Mtre Enterprises LLC
—
Deed
related
$960,000 · Premier Bank
Mar 31, 2008
—
Mtre Enterprises LLC
Elizabeth A Maurer Lott
Warranty Deed
$630,000 · First Federal Bank Of The Midwest
Oct 23, 2000
$200,000
Maurer Trust
Design Rentals
Warranty Deed
—
—
—
Maurer Trust
—
Deed Of Trust
related
$675,000 · First Fed'l Bk/midwest
—
—
Maurer Trust
—
Deed Of Trust
related
$700,000 · Fifth Third Bk/nthrn
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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