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Property profile & analytics
OFF-MARKET
Auto shops
1413 State Rd Vermilion, OH 44089-9619
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US66-3010672
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1994
Total area
3,888 SF
Lot
1.03 ac (44,997 SF)
APN
12-00083-003
UPID
US66-3010672
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
-
Vip Quick Lube Auto Repair Shop
-
Vermilion Quick Lube Auto Repair Shop
-
Mobil 1 lube express Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sandpiper Investments Ltd · 14 yrs held
Sandpiper Investments Ltd
since 2011
6 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 Vermilion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vermilion 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,693
Tax year 2023
Assessed value
$98,889
Assessed 2023
Previous assessed
$98,889
+0.0% YoY
Effective rate
6.77%
On assessed value
Assessed land
$14,231
Assessed improvement
$84,658
Land market value
$40,660
Improvement market value
$241,880
Total market value
$282,540
Applied tax rate
12.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1994
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
3,888 SF
Lot
1.03 ac (44,997 SF)
APN
12-00083-003
UPID
US66-3010672
Jurisdiction
ERIE
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
1994
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Sandpiper Investments Ltd
Entity
Mailing address
1726 SANDPIPER CT, HURON, OH 44839-9134
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2025
—
Sandpiper Investments Ltd
—
Deed
related
$430,500 · First National Bank Of New Bremen
May 21, 2018
—
Sandpiper Inv
—
Deed
related
$406,000 · First Nat'l Bk/new Bremen
Dec 27, 2011
$280,000
Sandpiper Investments Ltd
Elden L Paden III
Warranty Deed
$224,000 · Unity National Bank
Dec 10, 2002
$291,000
Paden,elden L & Maudy R
Pryor,dan L
Grant Deed
$220,000 · Lorain Nat'l Bk
—
—
Sandpiper Investments Ltd
—
Deed Of Trust
related
$125,000 · Unity National Bank
—
—
Sandpiper Inv
—
Deed Of Trust
related
$406,000 · First Nat'l Bk/new Bremen
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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