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Property profile & analytics
OFF-MARKET
Estimated value
$4,385,000
Warehouses
202 Watertower Dr Clyde, OH 43410-2154
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-2876580
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
75,000 SF
Lot
13.3 ac (579,348 SF)
APN
32-60-00-0114-16
UPID
US66-2876580
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
-
Evergreen Plastics Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.76M
Comparable Approach
Comparable
$3.27M
Blend (final)
Blend
$4.39M
Owner & transaction history
Evergreen Recycling LLC · 5 yrs held
Evergreen Recycling LLC
since 2021
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.3M
+109.8%
Commercial (general)
$4.0M
+59.9%
Industrial (general)
$3.8M
+51.7%
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 Clyde submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clyde 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%
$6,235,000
6.5%
$5,755,000
7%
$5,345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,250,000
Change: +110% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,000,000
Change: +60% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,795,000
Change: +52% · Conversion: Easy
RETAIL STORES
$3,750,000
Change: +50% · Conversion: Moderate
Blend value · Realmo final
$4.39M
Range $3.95M – $4.82M · ±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
$58 / 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
$130,172
Tax year 2023
Assessed value
$2,241,650
Assessed 2023
Previous assessed
$2,249,840
-0.4% YoY
Effective rate
5.81%
On assessed value
Assessed land
$56,770
Assessed improvement
$2,184,880
Land market value
$162,200
Improvement market value
$6,242,500
Total market value
$6,404,700
Applied tax rate
32.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
SPACE
Buildings
5
Stories
1
Total area
75,000 SF
Lot
13.3 ac (579,348 SF)
APN
32-60-00-0114-16
UPID
US66-2876580
Jurisdiction
SANDUSKY
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
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.0M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
RETAIL STORES
Est. value
$3.8M
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1998
Heating
SPACE
Stories
1
Buildings
5
Lot
13.3 ac
Current owner
From public records · entity-resolved
Evergreen Recycling LLC
Entity
Free & Clear · 5 yrs held
Mailing address
202 WATERTOWER DR, CLYDE, OH 43410-2154
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
—
Evergreen Recycling LLC
—
Deed
related
$7,185,000 · Orion Energey Partners Investments Agnec
Apr 14, 2021
—
Evergreen Recycling LLC
Polychem Lcl
Limited Warranty Deed
—
Jan 12, 2007
—
Evergreen Plastics Ltd
City Of Clyde
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.
Try Rey
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