Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Manufacturing properties
2683 State Rte 534 Rock Creek, OH 44084-9340
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-2314450
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1977
Construction
WOOD
Total area
17,462 SF
Lot
5.39 ac (235,006 SF)
APN
57-013-00-026-00
UPID
US66-2314450
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
-
Hartsgrove Machine Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$930k
Comparable Approach
Comparable
$758k
Blend (final)
Blend
$920k
Owner & transaction history
Bixels Properties LLC · 2 yrs held
Bixels Properties LLC
since 2023
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+154.2%
Office building
$1.1M
+129.0%
Commercial (general)
$985,000
+109.1%
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 Rock Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rock Creek 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%
$1,005,000
6.5%
$930,000
7%
$860,000
Alternative Use
Use
Estimation
RESTAURANT
$1,195,000
Change: +154% · Conversion: Difficult
OFFICE BUILDING
$1,075,000
Change: +129% · Conversion: Difficult
COMMERCIAL (GENERAL)
$985,000
Change: +109% · Conversion: Difficult
RETAIL STORES
$955,000
Change: +103% · Conversion: Moderate
AUTO REPAIR, GARAGE
$910,000
Change: +94% · Conversion: Easy
WAREHOUSE, STORAGE
$765,000
Change: +63% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$755,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$53 / 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
$9,023
Tax year 2023
Assessed value
$154,010
Assessed 2023
Previous assessed
$152,190
+1.2% YoY
Effective rate
5.86%
On assessed value
Assessed land
$12,360
Assessed improvement
$141,650
Land market value
$35,300
Improvement market value
$404,700
Total market value
$440,000
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
17,462 SF
Lot
5.39 ac (235,006 SF)
APN
57-013-00-026-00
UPID
US66-2314450
Jurisdiction
ASHTABULA
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
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$985,000
RETAIL STORES
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$910,000
WAREHOUSE, STORAGE
Est. value
$765,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$755,000
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
5.39 ac
Current owner
From public records · entity-resolved
Bixels Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4122 IRELAND RD, ROME, OH 44085-9628
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2023
—
Bixels Properties LLC
Bixel Properties LLC
Re-recorded Document
related
—
May 16, 2023
—
Bixel Properties LLC
Bixel Properties LLC
Intrafamily Transfer
related
—
Jul 11, 2017
—
Bixels Properties LLC
Bixel,david B & Rosemary A
Quit Claim Deed
related
—
Oct 1, 2014
$550,000
David B Bixel
Krmpotic,milan & Brigitte
Grant Deed
$500,000 · Milan & Brigitte Krmpotic
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 2683 State Rte 534?
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.
