Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Medical Office Space
1401 Sandusky St Findlay, OH 45840-6456
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-2981866
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2004
Construction
MIXED
Total area
5,246 SF
Lot
1.86 ac (81,239 SF)
APN
610001020885
UPID
US66-2981866
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
-
Dr. Austin A. Hoffner, DDS Dental Office
-
Hoffner Elite Dentistry Dental Office
-
Dr. Austin Hoffner Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$942k
Blend (final)
Blend
$1.14M
Owner & transaction history
Michael & Maverick Enterprises LLC · 1 yrs held
Michael & Maverick Enterprises LLC
since 2025
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+24.4%
Office building
$840,000
+3.8%
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 Findlay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Findlay 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
$1,125,000
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$890,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$810,000
Current use
RESTAURANT
$1,010,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$840,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.35M (Jan 17 2025)
Last sale anchor
$1.35M
Jan 17 2025
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
$217 / 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
$9,282
Tax year 2023
Assessed value
$165,340
Assessed 2023
Previous assessed
$165,340
+0.0% YoY
Effective rate
5.61%
On assessed value
Assessed land
$46,670
Assessed improvement
$118,670
Land market value
$133,350
Improvement market value
$339,070
Total market value
$472,420
Applied tax rate
21.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2004
Construction
MIXED
Heating
YES
Cooling
YES
Stories
1
Total area
5,246 SF
Lot
1.86 ac (81,239 SF)
APN
610001020885
UPID
US66-2981866
Jurisdiction
HANCOCK
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
$810,000
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$840,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
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
2004
Construction
MIXED
Heating
YES
Cooling
Yes
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Michael & Maverick Enterprises LLC
Entity
Free & Clear · 1 yrs held
Mailing address
117 W SAWMILL RD, FINDLAY, OH 45840-7068
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
—
Michael & Maverick Enterprises LLC
Austin A Hoffner
Quitclaim Deed
related
—
Jul 1, 2021
$1,350,000
Austin A Hoffner
Addison Acquisition Enterprises LLC
Warranty Deed
$990,000 · The State Bank & Trust Co
Jul 1, 2021
—
Austin A Hoffner
—
Deed
related
$675,000 · The State Bank & Trust Co
Nov 4, 2016
—
Addison Acquisitions Enterprises Ll
—
Deed
related
$119,461 · The State Bank & Trust Co
Nov 13, 2008
$250,000
Addison Acquisitions Enterprises Ll
Edmund W Evans
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1401 Sandusky St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
