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Property profile & analytics
OFF-MARKET
Estimated value
$2,260,000
Office buildings
1616 Wooster St Bowling Green, OH 43402-3478
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0317460
Property summary
AI-generated overview
This three-story, 75,000 square foot Greenwood Center offers multiple executive office suites for lease in Bowling Green, Ohio. Located at 1616 E. Wooster St, this B-2 zoned property boasts convenient access to I-75, high traffic counts, and proximity to Bowling Green State University, downtown Bowling Green, hotels, and various local businesses including athletic venues like Doyt Perry Stadium, Stroh Center, and Slater Family Ice Arena. Built in 1970 and renovated in 2010, the center features 12-foot ceilings, 388 parking spaces, and elevators. Individual suites range from a minimum of 380 square feet to a maximum contiguous space of 2,705 square feet
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
51,016 SF
Lot
2.84 ac (123,710 SF)
APN
B07-511-2003-01-006.002
UPID
US66-0317460
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
-
Wood County Veterans Services County Government Office Local Government Office
-
Cosmic Haze - Bowling Green (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Wood County Title Office Title Company
-
The Philosopher's Index Community Center
-
Pho N Thai Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$2.26M
Owner & transaction history
A & M Green Family LP · 9 yrs held
A & M Green Family LP
since 2017
1 recorded transaction
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 Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±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
$44 / 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
$47,512
Tax year 2023
Assessed value
$785,720
Assessed 2023
Previous assessed
$762,240
+3.1% YoY
Effective rate
6.05%
On assessed value
Assessed land
$131,320
Assessed improvement
$654,400
Land market value
$375,200
Improvement market value
$1,869,700
Total market value
$2,244,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Heating
NONE
Stories
2
Total area
51,016 SF
Lot
2.84 ac (123,710 SF)
APN
B07-511-2003-01-006.002
UPID
US66-0317460
Jurisdiction
WOOD
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
1970
Heating
NONE
Stories
2
Lot
2.84 ac
Current owner
From public records · entity-resolved
A & M Green Family LP
Entity
Mailing address
1045 N MAIN ST, BOWLING GREEN, OH 43402-1302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Aug 4, 2017
—
A & M Green Family LP
—
Deed
related
$3,585,000 · Farmers & Merchants St Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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