Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Showrooms
1617 County Rd 54 Tiffin, OH 44883-9333
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-3035776
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2015
Construction
TYPE NOT SPECIFIED
Total area
11,880 SF
Lot
4.76 ac (207,563 SF)
APN
F20000336840000
UPID
US66-3035776
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
$660k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Jjl Properties LLC · 3 yrs held
Jjl Properties LLC
since 2023
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$475,000
+37.9%
Office building
$470,000
+36.6%
Apartment house (5+ units)
$375,000
+9.4%
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 Tiffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tiffin 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
$565,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$610,000
7%
$570,000
Alternative Use
Use
Estimation
RETAIL STORES
$475,000
Change: +38% · Conversion: Easy
OFFICE BUILDING
$470,000
Change: +37% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$375,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $600k (Apr 10 2023)
Last sale anchor
$600k
Apr 10 2023
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
$51 / 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
$1,724
Tax year 2023
Assessed value
$27,890
Assessed 2023
Previous assessed
$23,050
+21.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$27,250
Assessed improvement
$640
Land market value
$77,860
Improvement market value
$1,840
Total market value
$79,700
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2015
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Cooling
CENTRAL
Stories
1
Total area
11,880 SF
Lot
4.76 ac (207,563 SF)
APN
F20000336840000
UPID
US66-3035776
Jurisdiction
SENECA
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
RETAIL STORES
Est. value
$475,000
OFFICE BUILDING
Est. value
$470,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$375,000
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2015
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Cooling
Yes
Stories
1
Lot
4.76 ac
Current owner
From public records · entity-resolved
Jjl Properties LLC
Entity
Mailing address
12 LOCUST ST, ATTICA, OH 44807-9306
Ownership since
2023
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
Apr 10, 2023
$600,000
Jjl Properties LLC
James L Graham
Warranty Deed
$605,836 · The First National Bank Of Sycamore
Nov 25, 2019
—
James L Graham
—
Deed
related
$120,000 · Impact Cu
Jul 9, 2007
$140,000
Persinger Family Living Trust
Tiell,kathleen M
Warranty Deed
$147,000 · Republic Banking Co
—
—
James L Graham
—
Deed Of Trust
related
$120,000 · Impact Cu
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 1617 County Rd 54?
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.
