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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Warehouses
2979 Park W Ave Ontario, OH 44906-1042
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-1567351
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
FRAME
Total area
13,667 SF
Lot
2.68 ac (116,601 SF)
APN
038-60-200-09-000
UPID
US66-1567351
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
-
Getz Builders Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$466k
Blend (final)
Blend
$585k
Owner & transaction history
Pt Getz Investment LLC · 7 yrs held
Pt Getz Investment LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$960,000
+132.2%
Medical building
$810,000
+96.1%
Apartment house (5+ units)
$765,000
+84.4%
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
WAREHOUSE, STORAGE
$415,000
Current use
OFFICE BUILDING
$960,000
Change: +132% · Conversion: Difficult
MEDICAL BUILDING
$810,000
Change: +96% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$765,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: +69% · Conversion: Easy
INDUSTRIAL (GENERAL)
$475,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$43 / 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
$6,658
Tax year 2023
Assessed value
$96,670
Assessed 2023
Previous assessed
$105,630
-8.5% YoY
Effective rate
6.89%
On assessed value
Assessed land
$8,090
Assessed improvement
$88,580
Land market value
$23,110
Improvement market value
$253,080
Total market value
$276,190
Applied tax rate
3,860.0000
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
1984
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
13,667 SF
Lot
2.68 ac (116,601 SF)
APN
038-60-200-09-000
UPID
US66-1567351
Jurisdiction
RICHLAND
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
$415,000
OFFICE BUILDING
Est. value
$960,000
MEDICAL BUILDING
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$700,000
INDUSTRIAL (GENERAL)
Est. value
$475,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1984
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.68 ac
Current owner
From public records · entity-resolved
Pt Getz Investment LLC
Entity
Free & Clear · 7 yrs held
Mailing address
961 LEXBROOK TRL, MANSFIELD, OH 44907-2607
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2018
$2,500
Pt Getz Investment LLC
Thomas D Keener
Warranty Deed
—
Dec 12, 2018
—
Pt Getz Investment LLC
John A Crumlick
Deed
—
Jul 17, 2014
$75,000
Pt Getz Investment LLC
Lois A O Hail
Warranty Deed
—
Feb 12, 2013
—
Lois A Ohail
Joseph C Ohail
Intrafamily Transfer
related
—
Mar 30, 2009
$100,000
Lois A Ohail
Joseph R Ohail
Warranty Deed
related
$125,600 · First Knox 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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