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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Apartment buildings
31 Mccord Rd Holland, OH 43528-9418
Entity Owned
9-yr Hold
Absentee Owner
Property ID
US66-0861592
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Total area
19,200 SF
Lot
1.85 ac (80,777 SF)
Zoning code
19-C2
APN
65-63121
UPID
US66-0861592
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$580k
Owner & transaction history
Toledo Homes Of Rent LLC · 9 yrs held
Toledo Homes Of Rent LLC
since 2016
6 recorded transactions
Zoning & alternative use
19-C2 · Holland, 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 Holland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holland 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
APARTMENT HOUSE (5+ UNITS)
$770,000
Current use
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$30 / 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
$14,697
Tax year 2023
Assessed value
$279,265
Assessed 2023
Previous assessed
$279,265
+0.0% YoY
Effective rate
5.26%
On assessed value
Assessed land
$20,930
Assessed improvement
$258,335
Land market value
$59,800
Improvement market value
$738,100
Total market value
$797,900
Applied tax rate
65.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1967
Heating
NONE
Stories
1
Units
30
Total area
19,200 SF
Lot
1.85 ac (80,777 SF)
Zoning code
19-C2
APN
65-63121
UPID
US66-0861592
Jurisdiction
LUCAS
Zoning & alternative use
19-C2 · Holland, OH
Zoning 19-C2 · permitted uses
19-C2 · Holland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$770,000
APARTMENT HOUSE (5+ UNITS) Current
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
1967
Heating
NONE
Stories
1
Units
30
Lot
1.85 ac
Current owner
From public records · entity-resolved
Toledo Homes Of Rent LLC
Entity
Mailing address
3433 OAK ALY CT OFC, TOLEDO, OH 43606-1362
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
Toledo Homes For Rent LLC
—
Deed
related
$1,000,000 · The Croghan Colonial Bank
Nov 2, 2016
$830,000
Toledo Homes Of Rent LLC
Combined Solutions LLC
Warranty Deed
$630,000 · Croghan Colonial Bk
Dec 5, 2013
$670,000
Combined Solutions LLC
31 S Mccord Rd LLC
Warranty Deed
$655,000 · National Bank
Jul 17, 2009
—
31 S Mccord Rd LLC
Woodspring Properties LLC
Quit Claim Deed
related
—
Jul 23, 2004
$960,000
Woodspring Properties LLC
Shook,tr
Grant Deed
related
$830,000 · Sky Bank
—
—
Woodspring Properties LLC
—
Deed Of Trust
related
$750,000 · Huntington 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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