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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Showrooms
1397 Commerce Dr, Stow, OH 44224-1736
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US66-1485202
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1979
Total area
23,900 SF
Lot
2.18 ac (94,961 SF)
APN
56-09243
UPID
US66-1485202
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$550k
Owner & transaction history
T & R Real Estate Ltd · 16 yrs held
T & R Real Estate Ltd
since 2010
7 recorded transactions
Zoning & alternative use
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 Stow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stow 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
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$23 / 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
$18,228
Tax year 2023
Assessed value
$276,860
Assessed 2023
Previous assessed
$276,860
+0.0% YoY
Effective rate
6.58%
On assessed value
Assessed land
$124,180
Assessed improvement
$152,680
Land market value
$354,800
Improvement market value
$436,240
Total market value
$791,040
Applied tax rate
56.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
23,900 SF
Lot
2.18 ac (94,961 SF)
APN
56-09243
UPID
US66-1485202
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
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
1979
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
T & R Real Estate Ltd
Individual
Mailing address
1397 COMMERCE DR, STOW, OH 44224-1736
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
T & R Real Estate Ltd
—
Deed
related
$2,310,000 · Fifth Third Bank NA
Nov 14, 2023
—
T& R Real Estate Ltd
—
Deed
related
$596,551 · Portage Community Bank
Nov 1, 2021
—
T & R Real Estate Ltd
—
Deed
related
$2,788,000 · United Community Bank
Nov 15, 2016
—
T & R Real Estate Ltd
—
Deed
related
$100,000 · Pnc Bank NA
Apr 13, 2010
$570,000
T & R Real Estate Ltd
Fr Gross Co INC
Grant Deed
$350,000 · Key Bank NA
Jul 8, 1997
$730,400
Fr Fairco INC
Fr Gross Co INC
Grant Deed
—
Jul 1, 1997
$732,000
F R Gross Co INC
Gross LLC
Grant Deed
related
—
—
—
T & R Real Estate Ltd
—
Deed Of Trust
related
$450,000 · Keybank USA
—
—
T & R Real Estate Ltd
—
Deed Of Trust
related
$250,000 · Key Bank NA
—
—
T & R Real Estate Ltd
—
Deed Of Trust
related
$285,000 · Cascade Capital Corp
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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