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Property profile & analytics
OFF-MARKET
Retail space
208 Meridian St Ravenna, OH 44266-2905
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0127305
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
4,000 SF
Lot
0.09 ac (3,999 SF)
APN
31-361-13-00-063
UPID
US66-0127305
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Prestige Worldwide Property Holding · 3 yrs held
Prestige Worldwide Property Holding
since 2022
Last sale
$180,000
5 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 Ravenna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ravenna 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,044
Tax year 2023
Assessed value
$48,900
Assessed 2023
Previous assessed
$48,900
+0.0% YoY
Effective rate
6.22%
On assessed value
Assessed land
$10,120
Assessed improvement
$38,780
Land market value
$28,900
Improvement market value
$110,800
Total market value
$139,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
YES
Stories
1
Units
2
Rooms
20
Bathrooms
0
Total area
4,000 SF
Lot
0.09 ac (3,999 SF)
APN
31-361-13-00-063
UPID
US66-0127305
Jurisdiction
PORTAGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Rooms
20
Bathrooms
0
Lot
0.09 ac
Current owner
From public records · entity-resolved
Prestige Worldwide Property Holding
Entity
Mailing address
4865 WAYNE RD, MANTUA, OH 44255-9611
Ownership since
2022
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
Sep 2, 2022
$180,000
Prestige Worldwide Property Holding
Cipriano Rentals LLC
Warranty Deed
$144,000 · Premier Bank
Jun 14, 2019
—
Cipriano Rentals LLC
Cipriano,michael D & Pamela M
Quit Claim Deed
related
—
Dec 19, 2018
—
Michael D Cipriano
Cipriano,michael
Quit Claim Deed
related
—
Aug 18, 2009
—
Michael Cipriano
Webb,james A
Warranty Deed
related
—
May 3, 2004
$85,000
James A Webb
Cipriano,tr
Grant Deed
$76,500 · Cipriano Trust
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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