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Property profile & analytics
OFF-MARKET
Estimated value
$8,045,000
Apartment buildings
1255 Byrne Rd Toledo, OH 43614-2354
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-1013127
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
363,176 SF
Lot
11.73 ac (510,828 SF)
Zoning code
10-RM36
APN
20-01514
UPID
US66-1013127
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
-
Boulder Creek Apartments Apartment Complex Apartment Building
-
Taste Your Lemonade Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.27M
Blend (final)
Blend
$8.05M
Owner & transaction history
Deerfield Run Apartments LLC · 9 yrs held
Deerfield Run Apartments LLC
since 2016
4 recorded transactions
Zoning & alternative use
10-RM36 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.05M
Range $7.24M – $8.85M · ±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
$22 / 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
$280,955
Tax year 2023
Assessed value
$3,053,610
Assessed 2023
Previous assessed
$3,053,610
+0.0% YoY
Effective rate
9.20%
On assessed value
Assessed land
$309,470
Assessed improvement
$2,744,140
Land market value
$884,200
Improvement market value
$7,840,400
Total market value
$8,724,600
Applied tax rate
20.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Heating
NONE
Stories
3
Units
306
Total area
363,176 SF
Lot
11.73 ac (510,828 SF)
Zoning code
10-RM36
APN
20-01514
UPID
US66-1013127
Jurisdiction
LUCAS
Zoning & alternative use
10-RM36 · Toledo, OHZoning 10-RM36 · permitted uses
10-RM36 · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
3
Units
306
Lot
11.73 ac
Current owner
From public records · entity-resolved
Deerfield Run Apartments LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2147 E 28TH ST, LORAIN, OH 44055-1932
Ownership since
2016
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 8, 2016
$8,670,000
Deerfield Run Apartments LLC
Netz Mandy Ohio LLC
Grant Deed
—
Aug 24, 2011
$6,900,000
Netz Mandy Ohio LLC
Farh-deerfield Affordable Hsng
Grant Deed
$4,800,000 · Union Central Life Insurance
Aug 27, 2008
$8,000,000
Greystone Servicing Corp INC
Sheriff Of Lucas County
Trustees Deed
related
—
Jan 14, 2005
—
Coston Arms Realty LLC
Southbridge Housing Ptrs
Grant Deed
related
—
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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