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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Manufacturing properties
1431 Heck Rd Columbiana, OH 44408-9599
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2559946
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Total area
52,750 SF
Lot
5.38 ac (234,135 SF)
APN
18-03454-007
UPID
US66-2559946
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
-
Green Valley Seed Garden Center Hardware & Home Improvement
-
Turfgrass Enterprises Inc Agricultural Supply Garden Center
-
Hemasource Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.90M
Owner & transaction history
Columbiana Leasing LLC · 4 yrs held
Columbiana Leasing LLC
since 2022
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+97.1%
Retail stores
$2.8M
+84.5%
Warehouse, storage
$2.3M
+51.0%
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 Columbiana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbiana 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
$2,140,000
ML approach
$1,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,530,000
Current use
COMMERCIAL (GENERAL)
$3,015,000
Change: +97% · Conversion: Difficult
RETAIL STORES
$2,825,000
Change: +84% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,310,000
Change: +51% · Conversion: Easy
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $1.81M (Jan 6 2022)
Last sale anchor
$1.81M
Jan 6 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
$36 / 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
$26,597
Tax year 2023
Assessed value
$636,170
Assessed 2023
Previous assessed
$636,170
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$68,430
Assessed improvement
$567,740
Land market value
$195,500
Improvement market value
$1,622,100
Total market value
$1,817,600
Applied tax rate
18.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1999
Heating
YES
Stories
1
Total area
52,750 SF
Lot
5.38 ac (234,135 SF)
APN
18-03454-007
UPID
US66-2559946
Jurisdiction
COLUMBIANA
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.3M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1999
Heating
YES
Stories
1
Lot
5.38 ac
Current owner
From public records · entity-resolved
Columbiana Leasing LLC
Entity
Mailing address
9443 SHARROTT RD, POLAND, OH 44514-3509
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
Columbiana Leasing LLC
—
Deed
related
$722,000 · Premier Bank
Jan 6, 2022
$1,805,000
Columbiana Leasing LLC
Columbiana Heck LLC
Limited Warranty Deed
$902,500 · Premier Bank
May 26, 2021
$1,708,200
Holdings Columbiana Heck LLC
Tjjs Holdings Ltd
Warranty Deed
$28,507 · Tcf National Bank
Mar 15, 2019
—
Tjjs Holdings Ltd
—
Deed
related
$250,000 · Cortland Savings & Banking Company
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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