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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Medical Office Space
130 Main St Bowling Green, OH 43402-2975
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-2773328
Property summary
AI-generated overview
This exceptional three-story executive office building, located at 130 S. Main Street in Bowling Green, Ohio, presents a unique leasing opportunity. Built in 1926 and renovated in 1973, the property boasts 30,000 square feet of total space, currently entirely vacant and available for lease. The building offers flexible suite sizes, ranging from a minimum of 200 square feet to a maximum contiguous space of 10,000 square feet, accommodating a variety of business needs. With three total suites, this property is ideal for multiple tenants or a single large occupant. The building features 11-foot ceilings, providing a spacious and comfortable work environment. Ample parking is available with 10 spaces on-site. The property is equipped with robust power, including 600 amps, 3-phase, 4-wire service. Located in the heart of Bowling Green's Central Business District (B-3 zoning), this property benefits from high visibility and convenient access to amenities. The address is 130 S. Main St, Bowling Green, OH 43402, with a cross street of Wooster Street. The property's Assessed Parcel Numbers (APN) are B08-510-240415053000
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
5,781 SF
Lot
0.12 ac (5,050 SF)
APN
B08-510-2404-15-056.000
UPID
US66-2773328
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
-
Chapman Steven W Doctor Counselor
-
Swayne Langer Carpet Installers General Contractor Carpet & Flooring Store
-
Pamela Hunt Counselor Social Worker
-
Christie Anderson Alternative Medicine Practice Spa & Massage Center
-
Slater Charles CPA Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Maurer Rentals LLC · 5 yrs held
Maurer Rentals LLC
since 2020
Last sale
$630,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$685,000
+9.7%
Restaurant
$635,000
+1.3%
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
$555,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$625,000
Current use
COMMERCIAL (GENERAL)
$685,000
Change: +10% · Conversion: Easy
RESTAURANT
$635,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $630k (Nov 17 2020)
Last sale anchor
$630k
Nov 17 2020
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
$104 / 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
$3,466
Tax year 2023
Assessed value
$53,940
Assessed 2023
Previous assessed
$49,710
+8.5% YoY
Effective rate
6.43%
On assessed value
Assessed land
$16,980
Assessed improvement
$36,960
Land market value
$48,500
Improvement market value
$105,600
Total market value
$154,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
5,781 SF
Lot
0.12 ac (5,050 SF)
APN
B08-510-2404-15-056.000
UPID
US66-2773328
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
MEDICAL BUILDING Current
Est. value
$625,000
COMMERCIAL (GENERAL)
Est. value
$685,000
RESTAURANT
Est. value
$635,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1973
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Maurer Rentals LLC
Entity
Free & Clear · 5 yrs held
Mailing address
445 E WOOSTER ST, BOWLING GREEN, OH 43402-2927
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
$630,000
Maurer Rentals LLC
Bowling Green Bnk Invtrs LLC
Warranty Deed
—
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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