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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Manufacturing properties
2844 Smt St Toledo, OH 43611-3425
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6294953
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1928
Total area
15,322 SF
Lot
6.81 ac (296,644 SF)
Zoning code
10-IG
APN
11-08501
UPID
US66-6294953
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
-
Sunoco - Toledo Terminal Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$911k
Blend (final)
Blend
$920k
Owner & transaction history
Sunoco Midstream LLC · 3 yrs held
Sunoco Midstream LLC
since 2023
Last sale
$872,000
7 recorded transactions
Zoning & alternative use
10-IG · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+138.9%
Auto repair, garage
$1.1M
+132.7%
Neighborhood: shopping center
$1.1M
+127.5%
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
$980,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,135,000
Change: +139% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,105,000
Change: +133% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,080,000
Change: +127% · Conversion: Difficult
RETAIL STORES
$995,000
Change: +109% · Conversion: Moderate
OFFICE BUILDING
$970,000
Change: +104% · Conversion: Difficult
COMMERCIAL (GENERAL)
$935,000
Change: +97% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $872k (May 2 2023)
Last sale anchor
$872k
May 2 2023
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
$60 / 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
$26,373
Tax year 2023
Assessed value
$280,385
Assessed 2023
Previous assessed
$280,385
+0.0% YoY
Effective rate
9.41%
On assessed value
Assessed land
$93,240
Assessed improvement
$187,145
Land market value
$266,400
Improvement market value
$534,700
Total market value
$801,100
Applied tax rate
11.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1928
Heating
NONE
Stories
1
Total area
15,322 SF
Lot
6.81 ac (296,644 SF)
Zoning code
10-IG
APN
11-08501
UPID
US66-6294953
Jurisdiction
LUCAS
Zoning & alternative use
10-IG · Toledo, OHZoning 10-IG · permitted uses
10-IG · Toledo, OH
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
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$995,000
OFFICE BUILDING
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$935,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1928
Heating
NONE
Stories
1
Lot
6.81 ac
Current owner
From public records · entity-resolved
Sunoco Midstream LLC
Entity
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
$872,000
Sunoco Midstream LLC
Zenith Energy Terminals Holdings Ll
Limited Warranty Deed
—
Mar 28, 2018
—
Zenith Energy Terminals Holdings Ll
Are Terminals Holdings LLC
Quit Claim Deed
related
—
Feb 21, 2013
—
Arc Terminals Holdings LLC
—
Deed Of Trust
related
$180,000,000 · Suntrust Bank NA
Oct 31, 2007
—
Arc Terminals Holdings LLC
—
Deed Of Trust
related
$10,000,000 · Reliance Bank
Jul 13, 2007
$802,848
Arc Terminals Holdings LLC
Center Terminal Co-toledo
Grant Deed
—
Feb 3, 2004
$1,750,000
Center Terminal Co-toledo
Equilon Enterprises LLC
Grant Deed
—
—
—
Arc Terminals Holdings LLC
—
Loan Modification
related
—
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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