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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Warehouses
1231 Industrial N Pkwy Brunswick, OH 44212-4315
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US66-1759254
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Total area
15,720 SF
Lot
1.85 ac (80,412 SF)
Zoning code
COMMERCIAL
APN
003-18B-40-123
UPID
US66-1759254
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
$1.28M
Blend (final)
Blend
$1.17M
Owner & transaction history
Wahl Thuener LLC · 15 yrs held
Wahl Thuener LLC
since 2010
2 recorded transactions
Zoning & alternative use
COMMERCIAL · Brunswick, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Maps | The City of Brunswick
Top alternative use upside
Commercial (general)
$1.9M
+41.4%
Auto repair, garage
$1.9M
+41.3%
Office building
$1.7M
+26.6%
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 Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brunswick 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
WAREHOUSE, STORAGE
$1,330,000
Current use
COMMERCIAL (GENERAL)
$1,885,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,880,000
Change: +41% · Conversion: Easy
OFFICE BUILDING
$1,685,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$1,640,000
Change: +23% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,375,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$74 / 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
$19,237
Tax year 2023
Assessed value
$353,510
Assessed 2023
Previous assessed
$353,510
+0.0% YoY
Effective rate
5.44%
On assessed value
Assessed land
$53,000
Assessed improvement
$300,510
Land market value
$151,430
Improvement market value
$858,610
Total market value
$1,010,040
Applied tax rate
3.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
15,720 SF
Lot
1.85 ac (80,412 SF)
Zoning code
COMMERCIAL
APN
003-18B-40-123
UPID
US66-1759254
Jurisdiction
MEDINA
Zoning & alternative use
COMMERCIAL · Brunswick, OHZoning COMMERCIAL · permitted uses
COMMERCIAL · Brunswick, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Maps | The City of Brunswick
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.85 ac
Current owner
From public records · entity-resolved
Wahl Thuener LLC
Entity
Mailing address
3024 INTERSTATE PKWY, BRUNSWICK, OH 44212-4324
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2010
$850,000
Wahl Thuener LLC
Owens & Minor Distribution
Grant Deed
$450,000 · Huntington National Bank
Dec 30, 2008
$616,924
Owens Distributing
Burrows George J Trst
Grant Deed
—
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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