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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Automotive properties
120 Alexis Rd Toledo, OH 43612-3604
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6269834
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1962
Total area
25,300 SF
Lot
6 ac (261,360 SF)
Zoning code
10-IL
APN
22-01237
UPID
US66-6269834
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
-
Northwest Trailer Sales & Service Inc. Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Bluewater Holdings LLC · 4 yrs held
Bluewater Holdings LLC
since 2022
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
10-IL · Toledo, OH
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
$650,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $750k (Jun 27 2022)
Last sale anchor
$750k
Jun 27 2022
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
$33 / 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
$21,244
Tax year 2023
Assessed value
$208,460
Assessed 2023
Previous assessed
$208,460
+0.0% YoY
Effective rate
10.19%
On assessed value
Assessed land
$116,795
Assessed improvement
$91,665
Land market value
$333,700
Improvement market value
$261,900
Total market value
$595,600
Applied tax rate
22.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1962
Heating
NONE
Stories
1
Total area
25,300 SF
Lot
6 ac (261,360 SF)
Zoning code
10-IL
APN
22-01237
UPID
US66-6269834
Jurisdiction
LUCAS
Zoning & alternative use
10-IL · Toledo, OH
Zoning 10-IL · permitted uses
10-IL · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
1
Lot
6 ac
Current owner
From public records · entity-resolved
Bluewater Holdings LLC
Entity
Mailing address
120 W ALEXIS RD, TOLEDO, OH 43612-3604
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Oct 5, 2023
—
Bluewater Holdings LLC
—
Deed
related
$415,000 · Genoa Banking Co
Sep 29, 2023
—
Bluewater Holdings LLC
—
Deed
related
$1,000,000 · Genoa Banking Co
Jun 27, 2022
—
Bluewater Holdings LLC
Bluewater Holdings LLC
Intrafamily Transfer
related
$1,515,000 · Genoa Banking Co
Mar 8, 2007
$750,000
Buckenmeyer Enterprises LLC
W B I G Investors INC
Warranty Deed
$728,100 · Genoa Banking Co
—
—
Bluewater Holdings LLC
—
Deed Of Trust
related
$1,000,000 · Genoa Bkng
—
—
W B I G Investors INC
—
Deed Of Trust
related
$250,000 · Sky 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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