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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Office buildings
2845 Crane Way Northwood, OH 43619-1098
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-1697568
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
11,520 SF
Lot
1.83 ac (79,715 SF)
APN
M51-300-2400-02-007.000
UPID
US66-1697568
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
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.04M
Owner & transaction history
Tower Maintenance Group LLC · 6 yrs held
Tower Maintenance Group LLC
since 2020
Last sale
$880,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$855,000
+16.9%
Auto repair, garage
$830,000
+13.8%
Neighborhood: shopping center
$810,000
+11.3%
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 Northwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northwood 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
$1,000,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$730,000
Current use
MEDICAL BUILDING
$855,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$830,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$750,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$700,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $880k (Feb 26 2020)
Last sale anchor
$880k
Feb 26 2020
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
$90 / 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
$18,841
Tax year 2023
Assessed value
$271,610
Assessed 2023
Previous assessed
$236,990
+14.6% YoY
Effective rate
6.94%
On assessed value
Assessed land
$48,060
Assessed improvement
$223,550
Land market value
$137,300
Improvement market value
$638,700
Total market value
$776,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
SPACE
Stories
1
Total area
11,520 SF
Lot
1.83 ac (79,715 SF)
APN
M51-300-2400-02-007.000
UPID
US66-1697568
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
OFFICE BUILDING Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$810,000
RETAIL STORES
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$700,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2005
Heating
SPACE
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Tower Maintenance Group LLC
Entity
Mailing address
9665 S COMPASS DR, ROSSFORD, OH 43460-1740
Ownership since
2020
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
Feb 26, 2020
$880,000
Tower Maintenance Group LLC
Craneway LLC
Warranty Deed
$704,000 · State Bk&tr
Jul 31, 2018
$750,000
Craneway LLC
2845 Crane Way LLC
Warranty Deed
related
$550,000 · Signature Bk
Jul 31, 2018
$75,000
The Craneway LLC
2845 Crane Way LLC
Warranty Deed
$550,000 · Signature Bank NA
Apr 12, 2005
$755,686
2845 Crane Way LLC
Midland Agcy Of Northwest Oh
Grant Deed
$600,000 · Huntington National Bank
Dec 29, 2004
$167,050
Midland Agcy Of Northwest Oh INC
Kazmierczak,daniel & Diane
Warranty Deed
—
—
—
2845 Crane Way LLC
—
Deed Of Trust
related
$700,000 · Huntington National 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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