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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Flex space
150 1st St Perrysville, OH 44864-9421
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-3928662
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1907
Total area
12,046 SF
Lot
22.32 ac (972,259 SF)
APN
B05-029-0-0007-00
UPID
US66-3928662
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
$930k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Pettery St Warehouse LLC · 2 yrs held
Pettery St Warehouse LLC
since 2024
Last sale
$930,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+458.3%
Medical building
$1.2M
+348.7%
Office building
$1.0M
+276.9%
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 Perrysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perrysville 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
$930,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,515,000
Change: +458% · Conversion: Difficult
MEDICAL BUILDING
$1,220,000
Change: +349% · Conversion: Difficult
OFFICE BUILDING
$1,025,000
Change: +277% · Conversion: Difficult
RESTAURANT
$1,010,000
Change: +271% · Conversion: Difficult
RETAIL STORES
$940,000
Change: +247% · Conversion: Moderate
AUTO REPAIR, GARAGE
$880,000
Change: +225% · Conversion: Easy
WAREHOUSE, STORAGE
$570,000
Change: +110% · Conversion: Easy
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $930k (May 14 2024)
Last sale anchor
$930k
May 14 2024
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
$77 / 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
$44,671
Tax year 2023
Assessed value
$909,150
Assessed 2023
Previous assessed
$909,150
+0.0% YoY
Effective rate
4.91%
On assessed value
Assessed land
$72,750
Assessed improvement
$836,400
Land market value
$207,860
Improvement market value
$2,389,700
Total market value
$2,597,560
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1907
Heating
NONE
Buildings
32
Stories
1
Total area
12,046 SF
Lot
22.32 ac (972,259 SF)
APN
B05-029-0-0007-00
UPID
US66-3928662
Jurisdiction
ASHLAND
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
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$880,000
WAREHOUSE, STORAGE
Est. value
$570,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1907
Heating
NONE
Stories
1
Buildings
32
Lot
22.32 ac
Current owner
From public records · entity-resolved
Pettery St Warehouse LLC
Entity
Free & Clear · 2 yrs held
Mailing address
234 W MAIN ST, LOUDONVILLE, OH 44842-1134
Ownership since
2024
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
May 14, 2024
$930,000
Pettery St Warehouse LLC
Mansfield Plumbing Products 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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