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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Automotive properties
300 Milan Ave, Norwalk, OH 44857-1158
Entity Owned
~
Est. High Equity
Property ID
US66-3076333
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1986
Total area
5,490 SF
Lot
2.66 ac (115,870 SF)
APN
52-012B-01-025-1600
UPID
US66-3076333
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
-
Firelands Chevrolet Buick Service Department Auto Repair Shop
-
Pat O'brien Chevrolet Hardware & Home Improvement General Contractor
-
Firelands Chevrolet Buick Car Dealership Auto Repair Shop
-
Firelands Chevrolet Buick Parts Department Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Rebel Yell LLC
Rebel Yell LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$810,000
+51.9%
Apartment house (5+ units)
$745,000
+39.5%
Office building
$660,000
+23.8%
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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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
AUTO REPAIR, GARAGE
$535,000
Current use
COMMERCIAL (GENERAL)
$810,000
Change: +52% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$745,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: +24% · Conversion: Difficult
RESTAURANT
$640,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$555,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$520,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$100 / 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
$15,840
Tax year 2023
Assessed value
$273,920
Assessed 2023
Previous assessed
$273,920
+0.0% YoY
Effective rate
5.78%
On assessed value
Assessed land
$74,480
Assessed improvement
$199,440
Land market value
$212,800
Improvement market value
$569,840
Total market value
$782,640
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1986
Heating
NONE
Stories
1
Total area
5,490 SF
Lot
2.66 ac (115,870 SF)
APN
52-012B-01-025-1600
UPID
US66-3076333
Jurisdiction
HURON
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
AUTO REPAIR, GARAGE Current
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$745,000
OFFICE BUILDING
Est. value
$660,000
RESTAURANT
Est. value
$640,000
MEDICAL BUILDING
Est. value
$555,000
RETAIL STORES
Est. value
$520,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1986
Heating
NONE
Stories
1
Lot
2.66 ac
Current owner
From public records · entity-resolved
Rebel Yell LLC
Entity
Mailing address
300 MILAN AVE, NORWALK, OH 44857-1158
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Apr 1, 2026
$750
Rebel Yell LLC
Pobkat 1 LLC
Special Warranty Deed
$57,100,000 · Huntington National Bank
Apr 1, 2026
—
Rebel Yell LLC
—
Deed
related
$57,100,000 · Huntington National Bank
Sep 11, 2025
—
Pobkat 1 LLC
The Bleile Company LLC
Deed
related
—
Jul 25, 2025
—
Pobkat 1 LLC
Pobkat LLC
Quitclaim Deed
related
—
Jun 19, 2019
—
Pobkat 1 LLC
—
Grant Deed
related
$2,640,000 · Pnc Bk
Oct 3, 2017
$3,000,000
Pobkat 1 LLC
Pobjan Vi LLC
Trustees Deed
$2,400,000 · Keybank USA
Aug 1, 2013
$2,100,000
Pobjan Vi LLC
Kasper Family Limited Part
Grant Deed
$1,680,000 · Keybank USA
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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