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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Retail space
27 William St Delaware, OH 43015-2318
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1240101
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
6,550 SF
Lot
0.22 ac (9,670 SF)
APN
519-433-01-004-000
UPID
US66-1240101
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
-
Delaware Music Center (Bike/Boat/Book/etc) Store
-
Gullett Guitar Service (Bike/Boat/Book/etc) Store
-
Sherwin-Williams Paint Store Paint Store Paintings Store
-
Delaware Music Center & Academy (Bike/Boat/Book/etc) Store
-
Gullett Guitar Co (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
G Turoff LLC · 4 yrs held
G Turoff LLC
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+243.0%
Commercial (general)
$1.3M
+130.0%
Medical building
$1.1M
+91.4%
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 Delaware submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delaware 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
$1,350,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
RESTAURANT
$1,930,000
Change: +243% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,295,000
Change: +130% · Conversion: Easy
MEDICAL BUILDING
$1,075,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$960,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.61M (Apr 11 2022)
Last sale anchor
$1.61M
Apr 11 2022
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
$218 / 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
$11,861
Tax year 2023
Assessed value
$213,440
Assessed 2023
Previous assessed
$213,500
0.0% YoY
Effective rate
5.56%
On assessed value
Assessed land
$35,530
Assessed improvement
$177,910
Land market value
$101,500
Improvement market value
$508,300
Total market value
$609,800
Applied tax rate
14.0000
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
1920
Heating
YES
Cooling
YES
Stories
1
Total area
6,550 SF
Lot
0.22 ac (9,670 SF)
APN
519-433-01-004-000
UPID
US66-1240101
Jurisdiction
DELAWARE
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
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$960,000
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1920
Heating
YES
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
G Turoff LLC
Entity
Free & Clear · 4 yrs held
Mailing address
27 W WILLIAM ST, DELAWARE, OH 43015-2318
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2022
—
G Turoff LLC
Diana Turoff
Intrafamily Transfer
related
—
Oct 20, 2021
—
South Block Holdings LLC
—
Deed
related
$135,000 · Community Capital Development Corporatio
Jul 2, 2021
$1,610,000
Diana Turoff
New Hope Land & Timber INC
Warranty Deed
—
Jun 7, 2021
$325,000
South Block Holdings LLC
Encompass Development LLC
Warranty Deed
$130,000 · First Commonwealth Bank
Jan 31, 2017
—
Encompass Dev LLC
Encompass Dev LLC
Quit Claim Deed
related
—
Jan 31, 2017
$906,000
New Hope Land & Timber INC
Encompass Dev LLC
Warranty Deed
—
Oct 1, 2012
—
Encompass Dev LLC
Sandusky Street Invs LLC
Quit Claim Deed
related
—
Mar 16, 2010
$315,000
Sandusky Street Invs LLC
Stockdale,james D
Warranty Deed
$285,000 · James Stockdale
—
—
Encompass Dev LLC
—
Loan Modification
related
$610,000 · Heartland Bk
—
—
Encompass Dev LLC
—
Deed Of Trust
related
$431,291 · Heartland Bank
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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