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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail space
2489 Collingwood Blvd, Toledo, OH 43620-1153
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-5207674
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1902
Total area
17,332 SF
Lot
0.25 ac (11,096 SF)
Zoning code
10-CN
APN
18-38841
UPID
US66-5207674
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
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$510k
Blend (final)
Blend
$520k
Owner & transaction history
Black Kite Coffee Coamopny Llv · 9 yrs held
Black Kite Coffee Coamopny Llv
since 2017
4 recorded transactions
Zoning & alternative use
10-CN · Toledo, OH
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$30 / 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
$1,473
Tax year 2023
Assessed value
$11,585
Assessed 2023
Previous assessed
$11,585
+0.0% YoY
Effective rate
12.71%
On assessed value
Assessed land
$4,340
Assessed improvement
$7,245
Land market value
$12,400
Improvement market value
$20,700
Total market value
$33,100
Applied tax rate
18.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1902
Heating
NONE
Stories
2
Total area
17,332 SF
Lot
0.25 ac (11,096 SF)
Zoning code
10-CN
APN
18-38841
UPID
US66-5207674
Jurisdiction
LUCAS
Zoning & alternative use
10-CN · Toledo, OH
Zoning 10-CN · permitted uses
10-CN · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1902
Heating
NONE
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Black Kite Coffee Coamopny Llv
Individual
Mailing address
1301 N SMT ST, TOLEDO, OH 43604-1819
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2017
$75,000
Black Kite Coffee Coamopny Llv
Bible Temple Family Worship Center
Special Warranty Deed
$44,000 · The International Pentecostal Hollness C
Mar 26, 2012
—
Bible Temple Family Worship Ce
Bible Temple Family Worship
Quit Claim Deed
—
Aug 19, 2010
—
Temple Fam Worship Cente Bible
Auctioneer Of Lucas County
Trustees Deed
related
—
Apr 9, 2008
$30,000
New Harvest Ministries INC
Auctioneer Of Lucas County
Trustees Deed
related
$44,000 · International Pentecostal Holi
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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