Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Medical Office Space
1725 Western Ave Findlay, OH 45840-1345
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1200318
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1996
Total area
4,238 SF
Lot
2.95 ac (128,458 SF)
APN
210001031895
UPID
US66-1200318
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
-
Craig Parker Physician
-
Dr. Kenneth Verdell Dental Office
-
Kathryn Karhoff Pediatrician Physician
-
Dr. Joseph B. Fulton, DDS Dental Office
-
Barbara Kampf Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$915k
Owner & transaction history
1725 Western Avenue Rental LLC · 2 yrs held
1725 Western Avenue Rental LLC
since 2023
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$680,000
+3.8%
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 Findlay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Findlay 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
$945,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$655,000
Current use
OFFICE BUILDING
$680,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $1.00M (Oct 3 2023)
Last sale anchor
$1.00M
Oct 3 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
$216 / 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
$5,494
Tax year 2023
Assessed value
$97,860
Assessed 2023
Previous assessed
$97,860
+0.0% YoY
Effective rate
5.61%
On assessed value
Assessed land
$15,660
Assessed improvement
$82,200
Land market value
$44,740
Improvement market value
$234,850
Total market value
$279,590
Applied tax rate
21.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
4,238 SF
Lot
2.95 ac (128,458 SF)
APN
210001031895
UPID
US66-1200318
Jurisdiction
HANCOCK
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
MEDICAL BUILDING Current
Est. value
$655,000
OFFICE BUILDING
Est. value
$680,000
MEDICAL BUILDING Current
OFFICE BUILDING
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
1996
Heating
NONE
Stories
1
Lot
2.95 ac
Current owner
From public records · entity-resolved
1725 Western Avenue Rental LLC
Entity
Mailing address
1725 WESTERN AVED, FINDLAY, OH 45840-1345
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
—
1725 Western Avenue Rental LLC
—
Deed
related
$175,000 · United Midwest Savings Bank NA
Mar 12, 2025
—
1725 Western Avenue Rental LLC
—
Deed
related
$5,000,000 · United Midwest Savings Bank NA
Oct 3, 2023
$1,000,000
1725 Western Avenue Rental LLC
Cascades Dental Group Ltd
Warranty Deed
$3,080,000 · United Midwest Savings Bank NA
Mar 28, 2023
—
Lake Cascades Holdings Ltd
—
Deed
related
$380,000 · The Farmers & Merchants State Bank
Sep 18, 2019
—
Cm Holding Ltd
—
Deed
related
$1,684,700 · The Farmers & Merchants State 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.
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 1725 Western Ave?
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.
