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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Retail space
16445 Gar Hwy Montville, OH 44064-9746
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2232386
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Total area
24,176 SF
Lot
5.16 ac (224,770 SF)
APN
20-004810
UPID
US66-2232386
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
$1.24M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.23M
Owner & transaction history
Mont Ville Real Estate Holdings LLC · 2 yrs held
Mont Ville Real Estate Holdings LLC
since 2023
Last sale
$1.2M
7 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 Montville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montville 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
$1,245,000
ML approach
$1,235,000
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,475,000
7%
$1,370,000
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.23M (Dec 1 2023)
Last sale anchor
$1.23M
Dec 1 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
$12,016
Tax year 2023
Assessed value
$254,000
Assessed 2023
Previous assessed
$220,680
+15.1% YoY
Effective rate
4.73%
On assessed value
Assessed land
$20,860
Assessed improvement
$233,140
Land market value
$59,600
Improvement market value
$666,100
Total market value
$725,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Total area
24,176 SF
Lot
5.16 ac (224,770 SF)
APN
20-004810
UPID
US66-2232386
Jurisdiction
GEAUGA
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
1992
Heating
NONE
Stories
1
Lot
5.16 ac
Current owner
From public records · entity-resolved
Mont Ville Real Estate Holdings LLC
Entity
Mailing address
1500 FROST RD, STREETSBORO, OH 44241-5004
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$1,225,000
Mont Ville Real Estate Holdings LLC
Old Albion Road LLC
Limited Warranty Deed
—
Dec 17, 2020
$400,000
Hemlock Holdings LLC
Geauga Holdings LLC
Warranty Deed
—
Jun 7, 2001
$5,500
Arlene Ball
Geauga Holdings LLC
Quit Claim Deed
related
—
Jun 7, 2001
—
Jehovahs Witnesses INC
Geauga Holdings LLC
Quit Claim Deed
related
—
Jan 30, 1998
—
Geauga Holdings Ltd
Kemly,john
Quit Claim Deed
related
—
—
—
Geauga Holdings LLC
—
Deed Of Trust
related
$500,000 · First County Bank
—
—
Geauga Holdings LLC
—
Deed Of Trust
related
$1,258,649 · Middlefield Banking Co
—
—
Geauga Holdings LLC
—
Deed Of Trust
related
$675,000 · First County Bank
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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