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Property profile & analytics
FOR SALE
Office buildings
1899 North Wilkinson Way Perrysburg, OH 43551
Entity Owned
10-yr Hold
Free & Clear
Property ID
US66-2422142
For Sale
1 / 4
$2,780,000
1899 North Wilkinson Way, Perrysburg, OH 43551
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Total area
18,000 SF
Lot
41.76 ac (1,819,066 SF)
APN
Q61-100-1300-07-005.000
UPID
US66-2422142
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
-
Centor Rx Industrial Manufacturer Factory
-
Owens Illinois: Plaza Four Corporate Office Business Park
-
O-I Glass: Plaza Three Corporate Office Business Park
-
Emhart Glass Manufacturing Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.27M
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$2.78M
Owner & transaction history
Schutz Container System INC · 10 yrs held
Schutz Container System INC
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+74.8%
Commercial (general)
$2.3M
+7.7%
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 Perrysburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perrysburg 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%
$3,540,000
6.5%
$3,270,000
7%
$3,035,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,115,000
Current use
RESTAURANT
$3,690,000
Change: +75% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,275,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,115,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,855,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$1,800,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±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
$154 / 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
$194,922
Tax year 2023
Assessed value
$3,150,640
Assessed 2023
Previous assessed
$3,125,860
+0.8% YoY
Effective rate
6.19%
On assessed value
Assessed land
$643,480
Assessed improvement
$2,507,160
Land market value
$1,838,500
Improvement market value
$7,163,300
Total market value
$9,001,800
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
For Sale
Year built
1967
Heating
NONE
Buildings
16
Stories
1
Total area
18,000 SF
Lot
41.76 ac (1,819,066 SF)
APN
Q61-100-1300-07-005.000
UPID
US66-2422142
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1967
Heating
NONE
Stories
1
Buildings
16
Lot
41.76 ac
Current owner
From public records · entity-resolved
Schutz Container System INC
Entity
Free & Clear · 10 yrs held
Mailing address
1 SEAGATE, TOLEDO, OH 43604-1442
Ownership since
2015
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
Oct 9, 2015
$1,000,000
Schutz Container System INC
Oi Levis Park Sts INC
Grant Deed
—
—
—
Rossford Of Perrysburg Township J
—
Deed Of Trust
related
$10,570,000 · Bank Of Ny Tr Co NA (te)
—
—
Oi Levis Park Sts INC
—
Deed Of Trust
related
$10,000,000 · Guarantied Parties
—
—
Rossford Of Perrysburg Township J
—
Deed Of Trust
related
$10,000,000 · Director Of Dev/state/ohio
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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