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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
1240 Ethan Ave Streetsboro, OH 44241-4976
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-0296627
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
13,300 SF
Lot
4.19 ac (182,516 SF)
APN
35-005-00-00-010-002
UPID
US66-0296627
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
-
Ready Field Solutions Agricultural Supply Garden Center
-
Ready to Haul LLC Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Ready Properties LLC · 13 yrs held
Ready Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+21.4%
Apartment house (5+ units)
$1.0M
+19.9%
Retail stores
$945,000
+12.1%
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 Streetsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Streetsboro 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
$845,000
Current use
AUTO REPAIR, GARAGE
$1,025,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,010,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$945,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$940,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$47 / 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
$13,517
Tax year 2023
Assessed value
$203,840
Assessed 2023
Previous assessed
$203,840
+0.0% YoY
Effective rate
6.63%
On assessed value
Assessed land
$95,340
Assessed improvement
$108,500
Land market value
$272,400
Improvement market value
$310,000
Total market value
$582,400
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
YES
Stories
1
Rooms
19
Bathrooms
2
Total area
13,300 SF
Lot
4.19 ac (182,516 SF)
APN
35-005-00-00-010-002
UPID
US66-0296627
Jurisdiction
PORTAGE
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
WAREHOUSE, STORAGE Current
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
RETAIL STORES
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$940,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (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
1979
Heating
NONE
Cooling
Yes
Stories
1
Rooms
19
Bathrooms
2
Lot
4.19 ac
Current owner
From public records · entity-resolved
Ready Properties LLC
Entity
Mailing address
1240 ETHAN AVE, STREETSBORO, OH 44241-4976
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2021
—
Ready Properties LLC
—
Deed
related
$664,000 · S & T Bank
Sep 21, 2012
$550,000
Ready Properties LLC
Supreme Indiana Operations INC
Warranty Deed
$300,000 · Hometown Bank
Sep 29, 2011
—
Supreme Indiana Operations INC
—
Deed Of Trust
related
$45,000,000 · Wells Fargo Bank
Apr 14, 2005
—
Supreme Properties North INC
Supreme Corp
Quit Claim Deed
related
—
Apr 28, 2000
$630,000
Supreme Corp
Gainey Realty & Inv Corp
Grant Deed
—
Sep 19, 1997
—
Realty Gainey
Coggins,lester A
Quit Claim Deed
related
—
Sep 19, 1997
$500,000
Realty Gainey
Katherine T Coggins Trustee
Trustees Deed
$500,000 · Seller
—
—
Ready Properties LLC
—
Deed Of Trust
related
$297,000 · S&t Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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