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Property profile & analytics
OFF-MARKET
Office buildings
307 Washington St Medina, OH 44256-2116
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0119532
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
2,028 SF
Lot
0.23 ac (10,062 SF)
Zoning code
RESIDENTIAL 1
APN
028-19B-21-145
UPID
US66-0119532
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
-
Havana's Choice Cigars & Lounge (Bike/Boat/Book/etc) Store
-
Medina Cigar & Tobacco (Bike/Boat/Book/etc) 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
by Request
Owner & transaction history
Havanas Choice Properties LLC · 2 yrs held
Havanas Choice Properties LLC
since 2024
Last sale
$224,250
5 recorded transactions
Zoning & alternative use
RESIDENTIAL 1 · Medina, OH
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 Medina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medina 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,435
Tax year 2023
Assessed value
$76,000
Assessed 2023
Previous assessed
$76,000
+0.0% YoY
Effective rate
5.84%
On assessed value
Assessed land
$38,850
Assessed improvement
$37,150
Land market value
$111,000
Improvement market value
$106,130
Total market value
$217,130
Applied tax rate
28.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
2
Total area
2,028 SF
Lot
0.23 ac (10,062 SF)
Zoning code
RESIDENTIAL 1
APN
028-19B-21-145
UPID
US66-0119532
Jurisdiction
MEDINA
Zoning & alternative use
RESIDENTIAL 1 · Medina, OH
Zoning RESIDENTIAL 1 · permitted uses
RESIDENTIAL 1 · Medina, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Havanas Choice Properties LLC
Entity
Mailing address
1126 WOODHAVEN BLVD, AKRON, OH 44333-1069
Ownership since
2024
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
Apr 10, 2024
$224,300
Havanas Choice Properties LLC
Gnm General Contractors Ltd
Warranty Deed
$168,187 · Westfield Bank Fsb
Feb 1, 2013
—
Gnm General Contractors Ltd
Balli,matthew James
Grant Deed
related
—
Jan 31, 2013
$118,000
Matthew J Balli
303 E Washington LLC Per Sheri
Trustees Deed
related
—
Nov 5, 2004
—
303 E Washington LLC
Hallock,alan B
Quit Claim Deed
related
$300,000 · Firstmerit Bank NA
Nov 5, 2004
$300,000
Alan B Hallock
Hallock Macy M Trust
Warranty Deed
related
$300,000 · First Merit 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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