Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Warehouses
26440 Southpoint Rd Perrysburg, OH 43551-1370
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0549069
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
13,500 SF
Lot
2.24 ac (97,574 SF)
APN
Q61-400-1800-00-063.002
UPID
US66-0549069
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
-
Laibe Electric Co Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$912k
Blend (final)
Blend
$1.15M
Owner & transaction history
26440 Southpoint Road Holdings LLC · 4 yrs held
26440 Southpoint Road Holdings LLC
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+62.6%
Office building
$1.6M
+51.0%
Auto repair, garage
$1.6M
+51.0%
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 Perrysburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perrysburg 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
$1,095,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
$1,665,000
6.5%
$1,535,000
7%
$1,425,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,050,000
Current use
COMMERCIAL (GENERAL)
$1,705,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$1,585,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,585,000
Change: +51% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,390,000
Change: +33% · Conversion: Easy
RETAIL STORES
$1,350,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.17M (Nov 2 2021)
Last sale anchor
$1.17M
Nov 2 2021
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
$85 / 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
$23,346
Tax year 2023
Assessed value
$326,900
Assessed 2023
Previous assessed
$301,250
+8.5% YoY
Effective rate
7.14%
On assessed value
Assessed land
$58,800
Assessed improvement
$268,100
Land market value
$168,000
Improvement market value
$766,000
Total market value
$934,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
SPACE
Buildings
2
Stories
1
Total area
13,500 SF
Lot
2.24 ac (97,574 SF)
APN
Q61-400-1800-00-063.002
UPID
US66-0549069
Jurisdiction
WOOD
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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1994
Heating
SPACE
Stories
1
Buildings
2
Lot
2.24 ac
Current owner
From public records · entity-resolved
26440 Southpoint Road Holdings LLC
Entity
Mailing address
404 N BYRNE RD, TOLEDO, OH 43607-2609
Ownership since
2021
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
Nov 2, 2021
$1,170,000
26440 Southpoint Road Holdings LLC
Hoffman Toledo LLC
Limited Warranty Deed
$600,000 · Signature Bank NA
May 21, 2019
$1,750,000
Hoffman-toledo LLC
Johnstone Machinery Movers INC
Warranty Deed
—
Oct 12, 2012
$833,333
Hoffman-toledo LLC
Keystone Automotive Operations
Warranty Deed
—
Oct 11, 2012
$850,000
Hoffman Toledo LLC
Keystone Automotive
Grant Deed
—
Apr 6, 2011
—
Keystone Automotive Operations
—
Deed Of Trust
related
$75,000,000 · Bank Of America
—
—
Keystone Automotive Operations
—
Deed Of Trust
related
$70,000,000 · Goldman Sachs Lending Partners
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26440 Southpoint Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
