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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Community centers
2383 Main St Coventry Township, OH 44319-1196
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1964717
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Total area
33,400 SF
Lot
2.46 ac (107,245 SF)
APN
19-08870
UPID
US66-1964717
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
-
Kings Venue Hotel & Motel Resort
-
Floorplan Xpress Loan Service
-
blanda orthopedics Physician
-
Vapor Station (Bike/Boat/Book/etc) Store
-
Serenity Care and Support Service Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Main Parkway Center LLC · 3 yrs held
Main Parkway Center LLC
since 2023
Last sale
$2.6M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.6M
+16.7%
Restaurant
$3.5M
+13.5%
Auto repair, garage
$3.3M
+6.7%
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 Coventry Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry Township 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
$2,375,000
ML approach
$2,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,120,000
Current use
MEDICAL BUILDING
$3,645,000
Change: +17% · Conversion: Difficult
RESTAURANT
$3,545,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,330,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,155,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$2,685,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.55M (Jun 30 2023)
Last sale anchor
$2.55M
Jun 30 2023
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
$75 / 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
$50,704
Tax year 2023
Assessed value
$673,410
Assessed 2023
Previous assessed
$673,410
+0.0% YoY
Effective rate
7.53%
On assessed value
Assessed land
$99,100
Assessed improvement
$574,310
Land market value
$283,130
Improvement market value
$1,640,880
Total market value
$1,924,010
Applied tax rate
19.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1989
Heating
HOT WATER
Cooling
WINDOW A/C
Buildings
2
Stories
1
Bathrooms
5
Total area
33,400 SF
Lot
2.46 ac (107,245 SF)
APN
19-08870
UPID
US66-1964717
Jurisdiction
SUMMIT
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.6M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1989
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
2.46 ac
Current owner
From public records · entity-resolved
Main Parkway Center LLC
Entity
Mailing address
2383 S MAIN ST, COVENTRY TOWNSHIP, OH 44319-1196
Ownership since
2023
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
Jun 30, 2023
$2,550,000
Main Parkway Center LLC
Main Parkway Ltd
Limited Warranty Deed
$1,550,000 · Northwest Bank
Jun 30, 2023
—
Main Parkway Ltd
Gran Mar INC
Quit Claim Deed
related
—
Jan 24, 2018
—
Main Parkway Ltdd
—
Deed
related
$100,000 · First National Bank Of Pennsylvania
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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