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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Distribution centers
2875 Crane Way Northwood, OH 43619-1098
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US66-0153335
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Total area
14,628 SF
Lot
2.53 ac (110,207 SF)
APN
M51-300-2400-02-008.000
UPID
US66-0153335
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
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$690k
Owner & transaction history
K V Holdings LLC · 21 yrs held
K V Holdings LLC
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+107.7%
Auto repair, garage
$1.1M
+102.3%
Neighborhood: shopping center
$1.0M
+97.8%
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
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$520,000
Current use
MEDICAL BUILDING
$1,085,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,055,000
Change: +102% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,030,000
Change: +98% · Conversion: Moderate
RETAIL STORES
$950,000
Change: +82% · Conversion: Moderate
OFFICE BUILDING
$925,000
Change: +78% · Conversion: Difficult
COMMERCIAL (GENERAL)
$890,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$47 / 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
$17,655
Tax year 2023
Assessed value
$480,870
Assessed 2023
Previous assessed
$454,230
+5.9% YoY
Effective rate
3.67%
On assessed value
Assessed land
$66,430
Assessed improvement
$414,440
Land market value
$189,800
Improvement market value
$1,184,100
Total market value
$1,373,900
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Heating
SPACE
Buildings
3
Stories
1
Total area
14,628 SF
Lot
2.53 ac (110,207 SF)
APN
M51-300-2400-02-008.000
UPID
US66-0153335
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
WAREHOUSE, STORAGE Current
Est. value
$520,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
RETAIL STORES
Est. value
$950,000
OFFICE BUILDING
Est. value
$925,000
COMMERCIAL (GENERAL)
Est. value
$890,000
WAREHOUSE, STORAGE Current
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
2005
Heating
SPACE
Stories
1
Buildings
3
Lot
2.53 ac
Current owner
From public records · entity-resolved
K V Holdings LLC
Entity
Mailing address
2875 CRANE WAY, NORTHWOOD, OH 43619-1098
Ownership since
2004
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
Aug 4, 2021
—
Kv Holdings LLC
—
Deed
related
$1,899,750 · Signature Bank NA
Jul 9, 2021
—
Kv Holdings LLC
—
Deed
related
$1,899,750 · Signature Bank NA
Jul 9, 2018
—
Kv Holdings LLC
—
Grant Deed
related
$2,125,000 · Huntington Nat'l Bk
Nov 27, 2017
—
Kv Holdings LLC
—
Deed
related
$503,947 · The Huntington National Bank
Oct 12, 2017
—
Kv Holdings LLC
—
Grant Deed
related
$2,205,000 · Huntington Nat'l Bk
Nov 23, 2004
—
K V Holdings LLC
Bcc Ptshp
Grant Deed
related
$935,000 · Sky Bank
—
—
Kv Holdings LLC
—
Deed Of Trust
related
$110,947 · Sky 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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