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Property profile & analytics
OFF-MARKET
Estimated value
$3,810,000
Manufacturing properties
124 Ww Ave Tallmadge, OH 44278-2206
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0303405
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
71,784 SF
Lot
4.15 ac (180,774 SF)
APN
60-05615
UPID
US66-0303405
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
-
Command Plastic Corporation Factory Production Facility
-
Serpentini Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.45M
CAP Approach
CAP
$4.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.81M
Owner & transaction history
Rc 5302 08 To Serpentini Mgmt II Ll · 3 yrs held
Rc 5302 08 To Serpentini Mgmt II Ll
since 2022
Last sale
$4.0M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+140.5%
Office building
$5.6M
+115.5%
Apartment house (5+ units)
$4.4M
+70.1%
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 Tallmadge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallmadge 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
$3,265,000
ML approach
$3,445,000
CAP Approach
CAP Return
Estimation
6%
$4,740,000
6.5%
$4,375,000
7%
$4,065,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,585,000
Current use
COMMERCIAL (GENERAL)
$6,220,000
Change: +140% · Conversion: Difficult
OFFICE BUILDING
$5,575,000
Change: +115% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,400,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$3.81M
Range $3.43M – $4.19M · ±10% · vs last sale $3.98M (Sep 2 2022)
Last sale anchor
$3.98M
Sep 2 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
$53 / 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
$35,884
Tax year 2023
Assessed value
$492,080
Assessed 2023
Previous assessed
$492,080
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$167,770
Assessed improvement
$324,310
Land market value
$479,330
Improvement market value
$926,590
Total market value
$1,405,920
Applied tax rate
60.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
4
Total area
71,784 SF
Lot
4.15 ac (180,774 SF)
APN
60-05615
UPID
US66-0303405
Jurisdiction
SUMMIT
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1968
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
4.15 ac
Current owner
From public records · entity-resolved
Rc 5302 08 To Serpentini Mgmt II Ll
Individual
Mailing address
124 WW AVE, TALLMADGE, OH 44278-2206
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
$3,980,000
Rc 5302 08 To Serpentini Mgmt II Ll
Ames Properties LLC
Limited Warranty Deed
$3,383,000 · Pnc Bank NA
Jun 28, 1999
$1,070,000
Ames Properties LLC
Bodis Trust
Grant Deed
—
—
—
Ames Properties LLC
—
Deed Of Trust
related
$1,370,000 · Miscellaneous Ins Co
—
—
Ames Properties LLC
—
Deed Of Trust
related
$625,783 · National City 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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