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    16600 Thompson Rd Thompson, OH 44086-8744
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    Property profile & analytics

    16600 Thompson Rd, Thompson, OH 44086-8744

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    • Commercial real estate
    • 14,200 SF
    • 20.71 lot acres
    Off-Market
    Property ID
    US66-1957592
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hemly Tool Supply Inc. / (Bike/Boat/Book/etc) Store / Building Supply
    • Hemly Trucking Inc / Trucking Company
    • Hemly Hardware Store / Building Supply / Hardware & Home Improvement

    Property Details for 16600 Thompson Rd

    Year built
    1973
    Lot size
    20.71 lot acres
    Property type
    Commercial real estate
    APN
    30-014400
    APU
    30014400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 4, 2020 — Hi-rock Holdings LLC — Deed · related $701k · Community Dev Commission
    Sep 6, 2019 — Hi-rock Holdings LLC — Trustees Deed · related $680k · Jp Morgan Chase Bk
    Sep 19, 2018 — Hi Rock Holdings LLC — Deed · related $358k · Jpmorgan Chase Bank NA
    Feb 28, 2018 $357,500 Hi-rock Holdings LLC Mihalic,scott Grant Deed —
    Aug 12, 2002 $226,400 Randolph P Perotti Crandall,tr Grant Deed $420k · Zions First National Bank
    — — Hi-rock Holdings LLC — Deed Of Trust · related $701k · Community Dev Commission
    — — Randolph P Perrotti — Deed Of Trust · related $200k · James R Marchiore
    — — Randolph P Perrotti — Deed Of Trust · related $250k · Park View Fsb

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,395,000
      6.5%
      $2,210,000
      7%
      $2,055,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,669,000
      Market price range: $703k - $3.27M
      AI Estimate
      $1,908,000
      Market price range: $545k - $2.20M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,845,000
      Current use
      OFFICE BUILDING
      $1,775,000
      Change: -4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Thompson
    County
    Geauga
    State
    Ohio
    Longitude
    -81.0487
    Latitude
    41.6916
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,795
    $63,600
    $602,420
    $666,020
    -
    $181,700
    $1,721,200
    $1,902,900
    More about this property
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