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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Office buildings
2312 Navarre Ave Oregon, OH 43616
Entity Owned
Free & Clear
Property ID
US66-0136626
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
7,200 SF
Lot
0.65 ac (28,181 SF)
Zoning code
40-C2
APN
44-64447
UPID
US66-0136626
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
$417k
Blend (final)
Blend
$675k
Owner & transaction history
Nour & Sons Properties LLC
Nour & Sons Properties LLC
since 2026
6 recorded transactions
Zoning & alternative use
40-C2 · Oregon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$535,000
+16.9%
Auto repair, garage
$520,000
+13.8%
Neighborhood: shopping center
$510,000
+11.3%
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 Oregon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oregon 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$455,000
Current use
MEDICAL BUILDING
$535,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$520,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$510,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$465,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$440,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$94 / 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
$10,596
Tax year 2023
Assessed value
$120,645
Assessed 2023
Previous assessed
$120,645
+0.0% YoY
Effective rate
8.78%
On assessed value
Assessed land
$15,365
Assessed improvement
$105,280
Land market value
$43,900
Improvement market value
$300,800
Total market value
$344,700
Applied tax rate
44.0000
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
1974
Heating
NONE
Stories
2
Total area
7,200 SF
Lot
0.65 ac (28,181 SF)
Zoning code
40-C2
APN
44-64447
UPID
US66-0136626
Jurisdiction
LUCAS
Zoning & alternative use
40-C2 · Oregon, OH
Zoning 40-C2 · permitted uses
40-C2 · Oregon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oregon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$455,000
MEDICAL BUILDING
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$510,000
RETAIL STORES
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$440,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1974
Heating
NONE
Stories
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Nour & Sons Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3526 WILLIAMSBURG DR, OREGON, OH 43616-3031
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2026
—
Nour & Sons Properties LLC
Nour And Adam Properties LLC
Warranty Deed
—
Feb 21, 2014
$175,000
Nour & Adams Properties LLC
Kp Premier Properties LLC
Warranty Deed
—
Mar 8, 2013
—
Kp Premier Properties LLC
Midland Agcy Of Northwest Oh
Grant Deed
—
Nov 23, 2004
—
Midland Agcy Of Northwest Ohio In
Port Lawrence Title & Trust
Grant Deed
$400,000 · Genoa Banking Co
—
—
Midland Agcy Of Northwest Ohio In
—
Deed Of Trust
related
$366,373 · First Federal Bank Midwest
—
—
Midland Agcy Of Northwest Ohio In
—
Deed Of Trust
related
$37,376 · First Federal Bank Midwest
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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