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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Auto shops
289 Broad St Wadsworth, OH 44281-2177
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-6082374
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1919
Construction
TYPE NOT SPECIFIED
Total area
10,295 SF
Lot
1.1 ac (47,742 SF)
APN
040-20D-03-244
UPID
US66-6082374
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
-
Dr Eurocar LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$720k
Owner & transaction history
289 Broad Street LLC · 8 yrs held
289 Broad Street LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wadsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wadsworth 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,105,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$70 / 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
$8,209
Tax year 2023
Assessed value
$135,240
Assessed 2023
Previous assessed
$135,240
+0.0% YoY
Effective rate
6.07%
On assessed value
Assessed land
$52,350
Assessed improvement
$82,890
Land market value
$149,560
Improvement market value
$236,840
Total market value
$386,400
Applied tax rate
40.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1919
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
10,295 SF
Lot
1.1 ac (47,742 SF)
APN
040-20D-03-244
UPID
US66-6082374
Jurisdiction
MEDINA
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
Est. value
$1.1M
OFFICE BUILDING
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
1919
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
289 Broad Street LLC
Entity
Free & Clear · 8 yrs held
Mailing address
8167 QUARRY VW DR, WADSWORTH, OH 44281-8396
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2018
$400,000
289 Broad Street LLC
Jd Real Estate Investments INC
Warranty Deed
—
Aug 8, 2005
$550,000
Jd Real Estate Investments INC
Broad Investments LLC
Warranty Deed
$500,000 · Western Reserve Bank
Apr 11, 2005
$415,000
Broad Investments LLC
Sheriff Of Medina County
Trustees Deed
related
$373,500 · Western Reserve Bank
Sep 8, 2003
$240,000
S & S Motorsports INC
General Motors Acceptance Corp
Grant Deed
$345,000 · Firstmerit Bank NA
Nov 1, 2000
—
General Motors Acceptance Corp
Bishop,thomas O
Grant Deed
related
—
—
—
Thomas O Bishop
—
Deed Of Trust
related
$4,159,500 · General Motors Acceptance Corp
—
—
S & S Motorsports INC
—
Deed Of Trust
related
$750,000 · First-knox National Bank
—
—
Thomas O Bishop
—
Deed Of Trust
related
$645,424 · Farmers State 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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