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Property profile & analytics
OFF-MARKET
Auto shops
1240 Industrial N Pkwy Brunswick, OH 44212-4317
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US66-1618104
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
TYPE NOT SPECIFIED
Total area
10,270 SF
Lot
3.01 ac (131,333 SF)
Zoning code
COMMERCIAL
APN
003-18B-40-118
UPID
US66-1618104
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
-
Liberty Ford Brunswick Commercial Vehicle Service Center Auto Repair Shop
-
AMG Used Truck and Trailer Business Networking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Herris Properties Realty Ltd · 21 yrs held
Herris Properties Realty Ltd
since 2004
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Brunswick, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,082
Tax year 2023
Assessed value
$203,660
Assessed 2023
Previous assessed
$203,660
+0.0% YoY
Effective rate
5.44%
On assessed value
Assessed land
$59,020
Assessed improvement
$144,640
Land market value
$168,630
Improvement market value
$413,250
Total market value
$581,880
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
SPACE
Cooling
YES
Stories
1
Total area
10,270 SF
Lot
3.01 ac (131,333 SF)
Zoning code
COMMERCIAL
APN
003-18B-40-118
UPID
US66-1618104
Jurisdiction
MEDINA
Zoning & alternative use
COMMERCIAL · Brunswick, OH
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Brunswick, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brunswick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
SPACE
Cooling
Yes
Stories
1
Lot
3.01 ac
Current owner
From public records · entity-resolved
Herris Properties Realty Ltd
Entity
Mailing address
151 LOU GROZA BLVD, BEREA, OH 44017-1275
Ownership since
2004
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
Apr 23, 2018
—
Herris Properties Realty Ltd
—
Grant Deed
related
$3,500,000 · First Nat'l Bk
Feb 5, 2018
—
Herris Properties Realty Ltd
—
Deed
related
$700,000 · First Nat'l Bk/pa
Oct 21, 2004
$500,000
Herris Properties Realty Ltd
Austin Properties Ltd
Warranty Deed
—
Aug 7, 2002
—
Austin Properties Ltd
—
Deed Of Trust
related
$1,800,000 · National City Bank
—
—
Austin Properties Ltd
—
Deed Of Trust
related
$136,000 · Bank One NA
—
—
Austin Properties Ltd
—
Deed Of Trust
related
$225,000 · Bank One NA
—
—
Austin Properties Ltd
—
Deed Of Trust
related
$71,313 · National City Bank
—
—
Herris Properties Realty Ltd
—
Deed Of Trust
related
$700,000 · First Nat'l Bk/pa
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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