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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Manufacturing properties
12700 Dixie Hwy Bowling Green, OH 43402-9697
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6016480
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Total area
15,000 SF
Lot
7.67 ac (334,105 SF)
APN
S65-411-0600-00-027.000
UPID
US66-6016480
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
-
SmartSolve Industries Distribution Center
-
APIO OH Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$3.07M
Owner & transaction history
Caperna Limited · 4 yrs held
Caperna Limited
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+99.0%
Commercial (general)
$1.9M
+22.6%
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 Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green 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
$4,115,000
ML approach
$3,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,075,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,895,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±10% · vs last sale $3.00M (Apr 29 2022)
Last sale anchor
$3.00M
Apr 29 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
$204 / 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
$65,888
Tax year 2023
Assessed value
$1,002,020
Assessed 2023
Previous assessed
$913,160
+9.7% YoY
Effective rate
6.58%
On assessed value
Assessed land
$36,790
Assessed improvement
$965,230
Land market value
$105,100
Improvement market value
$2,757,800
Total market value
$2,862,900
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
1990
Heating
NONE
Buildings
4
Stories
1
Total area
15,000 SF
Lot
7.67 ac (334,105 SF)
APN
S65-411-0600-00-027.000
UPID
US66-6016480
Jurisdiction
WOOD
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
RESTAURANT
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RESTAURANT
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
1990
Heating
NONE
Stories
1
Buildings
4
Lot
7.67 ac
Current owner
From public records · entity-resolved
Caperna Limited
Individual
Mailing address
700 BRITTANY AVE, BOWLING GREEN, OH 43402-1509
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2022
$3,003,000
Caperna Limited
John Mazzei
Limited Warranty Deed
$2,550,000 · Waterford Bank NA
Dec 14, 2021
$5,450,000
Taylor Farms Reatu INC
Curation Foods INC
Limited Warranty Deed
—
May 12, 2016
—
Apio INC
—
Deed
related
—
Apr 27, 2012
—
Greenline-foods INC
—
Grant Deed
related
$19,156,250 · General Electric Capital Corp
Nov 28, 2007
—
Greenline Foods INC
—
Deed Of Trust
related
$46,412,500 · Key Bank NA
Nov 19, 2007
$1,500,000
Greenline Foods INC
Greenline Bg Properties LLC
Warranty Deed
—
May 31, 2005
—
Greenline Bg Properties LLC
Twyman,jeffrey R & Carol L
Warranty Deed
$2,200,000 · Key Bank NA
—
—
Apio INC
—
Deed Of Trust
related
—
—
—
Twyman,jeffrey L & Carol L
—
Deed Of Trust
related
$1,038,150 · Fifth Third Bk/nthrn
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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