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Property profile & analytics
OFF-MARKET
Estimated value
$21,190,000
Warehouses
2811 Eastern Rd Barberton, OH 44203-3911
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1195189
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
249,954 SF
Lot
33.57 ac (1,462,483 SF)
APN
46-09007
UPID
US66-1195189
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
by Request
CAP Approach
CAP
$18.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.19M
Owner & transaction history
Northbrook Properties INC · 4 yrs held
Northbrook Properties INC
since 2021
Last sale
$23.9M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$26.0M
+536.9%
Medical building
$25.8M
+532.1%
Office building
$24.1M
+492.3%
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 Barberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barberton 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
$18,360,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,050,000
6.5%
$18,510,000
7%
$17,185,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$25,950,000
Change: +537% · Conversion: Difficult
MEDICAL BUILDING
$25,755,000
Change: +532% · Conversion: Difficult
OFFICE BUILDING
$24,135,000
Change: +492% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,810,000
Change: +386% · Conversion: Easy
RESTAURANT
$19,170,000
Change: +371% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,520,000
Change: +306% · Conversion: Difficult
RETAIL STORES
$13,140,000
Change: +223% · Conversion: Moderate
Blend value · Realmo final
$21.19M
Range $19.07M – $23.31M · ±10% · vs last sale $23.94M (Nov 3 2021)
Last sale anchor
$23.94M
Nov 3 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
$15,021
Tax year 2023
Assessed value
$250,320
Assessed 2023
Previous assessed
$250,320
+0.0% YoY
Effective rate
6.00%
On assessed value
Assessed land
$250,320
Land market value
$715,200
Total market value
$715,200
Applied tax rate
46.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
249,954 SF
Lot
33.57 ac (1,462,483 SF)
APN
46-09007
UPID
US66-1195189
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
COMMERCIAL (GENERAL)
Est. value
$26.0M
MEDICAL BUILDING
Est. value
$25.8M
OFFICE BUILDING
Est. value
$24.1M
AUTO REPAIR, GARAGE
Est. value
$19.8M
RESTAURANT
Est. value
$19.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.5M
RETAIL STORES
Est. value
$13.1M
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
33.57 ac
Current owner
From public records · entity-resolved
Northbrook Properties INC
Entity
Free & Clear · 4 yrs held
Mailing address
4060 COLUMBIA WOODS DR, NORTON, OH 44203-5708
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
$23,945,000
Northbrook Properties INC
Clinton Aluminum Distribution INC
Warranty Deed
—
Oct 30, 2019
—
Clinton Aluminum Distribution
City Of Norton Ohio
Grant Deed
—
Sep 23, 2019
—
City Of Norton Ohio
City Of Norton
Quit Claim Deed
related
—
Sep 19, 2019
—
City Of Norton Ohio
City Of Norton Ohio
Quit Claim Deed
—
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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