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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Office buildings
2268 Catawba Rd Port Clinton, OH 43452-3016
Trust Owned
Free & Clear
Property ID
US66-2426464
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1939
Total area
1,827 SF
Lot
0.77 ac (33,541 SF)
APN
013-14558-19588-000
UPID
US66-2426464
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
-
The Spero Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$290k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$290k
Owner & transaction history
Trust Of Kenneth S Spero
Trust Of Kenneth S Spero
since 2026
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 Port Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Clinton 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
$290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±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
$159 / 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
$3,699
Tax year 2023
Assessed value
$88,120
Assessed 2023
Previous assessed
$88,120
+0.0% YoY
Effective rate
4.20%
On assessed value
Assessed land
$21,305
Assessed improvement
$66,815
Land market value
$60,870
Improvement market value
$190,900
Total market value
$251,770
Applied tax rate
13.0000
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
Off-Market
Year built
1939
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
5
Bathrooms
4
Total area
1,827 SF
Lot
0.77 ac (33,541 SF)
APN
013-14558-19588-000
UPID
US66-2426464
Jurisdiction
OTTAWA
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
1939
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
5
Bathrooms
4
Lot
0.77 ac
Current owner
From public records · entity-resolved
Trust Of Kenneth S Spero
Trust
Free & Clear · 0 yrs held
Mailing address
2910 N FIRELANDS BLVD, PORT CLINTON, OH 43452-3030
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Trust Of Kenneth S Spero
Kenneth Stanley Spero
Deed
related
—
Oct 5, 2020
—
Kenneth Stanley Spero
—
Deed
related
$492,000 · Genoa Banking Co
Jan 17, 2017
$205,000
Kenneth Stanley Spero
Gloria J Rogers
Warranty Deed
$164,000 · The Huntington National Bank
Jan 17, 2017
—
Gloria J Rogers
Rogers,robert B
Affidavit Of Death
related
—
Oct 11, 2013
—
Robert B Rogers
Rogers,paula J
Quit Claim Deed
related
—
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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