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Property profile & analytics
OFF-MARKET
Estimated value
$16,135,000
Warehouses
1907 Innovation Ave Rossford, OH 43460-1646
Individually Owned
2-yr Hold
Free & Clear
Property ID
US66-0341945
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
184,765 SF
Lot
12.91 ac (562,360 SF)
APN
T68-300-3501-02-001.000
UPID
US66-0341945
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
$16.14M
CAP Approach
CAP
$21.01M
Comparable Approach
Comparable
$17.12M
Blend (final)
Blend
$16.14M
Owner & transaction history
Congaree - 1907 Innovation Drive Ll · 2 yrs held
Congaree - 1907 Innovation Drive Ll
since 2024
Last sale
$16.1M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$23.4M
+62.6%
Auto repair, garage
$21.7M
+51.0%
Industrial (general)
$19.0M
+32.6%
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 Rossford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rossford 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
$16,135,000
ML approach
$16,135,000
CAP Approach
CAP Return
Estimation
6%
$22,755,000
6.5%
$21,005,000
7%
$19,505,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,365,000
Current use
COMMERCIAL (GENERAL)
$23,350,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$21,685,000
Change: +51% · Conversion: Easy
INDUSTRIAL (GENERAL)
$19,045,000
Change: +33% · Conversion: Easy
RETAIL STORES
$18,480,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$16,160,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$16.14M
Range $14.52M – $17.75M · ±10% · vs last sale $16.13M (Mar 27 2024)
Last sale anchor
$16.13M
Mar 27 2024
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
$87 / 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
$507,641
Tax year 2023
Assessed value
$6,482,530
Assessed 2023
Previous assessed
$75,710
+8,462.3% YoY
Effective rate
7.83%
On assessed value
Assessed land
$149,070
Assessed improvement
$6,333,460
Land market value
$425,900
Improvement market value
$18,095,600
Total market value
$18,521,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Stories
1
Total area
184,765 SF
Lot
12.91 ac (562,360 SF)
APN
T68-300-3501-02-001.000
UPID
US66-0341945
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
WAREHOUSE, STORAGE Current
Est. value
$14.4M
COMMERCIAL (GENERAL)
Est. value
$23.4M
AUTO REPAIR, GARAGE
Est. value
$21.7M
INDUSTRIAL (GENERAL)
Est. value
$19.0M
RETAIL STORES
Est. value
$18.5M
OFFICE BUILDING
Est. value
$16.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
2022
Stories
1
Lot
12.91 ac
Current owner
From public records · entity-resolved
Congaree - 1907 Innovation Drive Ll
Individual
Free & Clear · 2 yrs held
Mailing address
53 W JACKSON BLVD STE #530, CHICAGO, IL 60604-3422
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
—
Congaree - 1907 Innovation Drive Ll
Congaree River LLC
Quit Claim Deed
related
—
Oct 30, 2023
$16,132,500
Congaree River LLC
Scannell Properties 562 LLC
Limited Warranty Deed
—
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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