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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Strip malls
199 Gtwy Ave Ste C Conneaut, OH 44030-2352
Entity Owned
Free & Clear
Property ID
US66-4424173
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Total area
16,920 SF
Lot
2.34 ac (101,713 SF)
APN
12-316-00-008-01
UPID
US66-4424173
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
-
Storage of America Storage Facility
-
CVS Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
Dollar Tree Discount Store
-
Gateway Plaza Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Fidc 199 LLC
Fidc 199 LLC
since 2026
Last sale
$1.1M
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 Conneaut submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conneaut 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
$735,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,540,000
Change: 0% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,505,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,385,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,265,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,205,000
Change: 0% · Conversion: Easy
RESTAURANT
$1,200,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,075,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.05M (Feb 12 2026)
Last sale anchor
$1.05M
Feb 12 2026
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
$55 / 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
$7,413
Tax year 2023
Assessed value
$99,300
Assessed 2023
Previous assessed
$99,300
+0.0% YoY
Effective rate
7.47%
On assessed value
Assessed land
$7,840
Assessed improvement
$91,460
Land market value
$22,400
Improvement market value
$261,300
Total market value
$283,700
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
16,920 SF
Lot
2.34 ac (101,713 SF)
APN
12-316-00-008-01
UPID
US66-4424173
Jurisdiction
ASHTABULA
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
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
1981
Heating
YES
Cooling
Yes
Stories
1
Lot
2.34 ac
Current owner
From public records · entity-resolved
Fidc 199 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
106 CARLSON CV, EDGEWATER, FL 32132-3601
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
—
Fidc 199 LLC
—
Deed
related
$1,050,000 · Andover Bank
Feb 12, 2026
$1,050,000
Fidc 199 LLC
Dmv Two LLC
Deed
—
Nov 12, 2021
$800,000
Dmv Two LLC
Ideal Ohio Holdings LLC
Limited Warranty Deed
$1,800,000 · Mark May
Mar 23, 2017
—
Ideal Ohio Holdings LLC
Ideal Ohio Holdings LLC
Quit Claim Deed
related
—
May 27, 2016
—
Ideal Ohio Holdings LLC
Professional Properties Of Oh LLC
Warranty Deed
—
Oct 22, 2015
—
Professional Properties Of Oh LLC
Trikas,tony
Quit Claim Deed
related
—
Oct 22, 2015
$60,000
Tony T Trikas
Wells Fargo Bank 2007-s71
Grant Deed
—
Apr 21, 2015
$1,600,000
Wells Fargo Bk NA 2007-sl1 Ce Tr
Sheriff Of Ashtabula County|emster Xv LLC
Trustees Deed
related
—
Dec 1, 2006
$3,605,000
Emster Xv LLC
Union Court Apartments INC
Grant Deed
$2,650,000 · Key Bank NA
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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