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Property profile & analytics
OFF-MARKET
Estimated value
$7,000,000
Manufacturing properties
3121 Market St Warren, OH 44485-3070
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2730447
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2011
Total area
72,594 SF
Lot
16.47 ac (717,433 SF)
APN
39-543110
UPID
US66-2730447
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
-
Engineered Wire Products Industrial Manufacturer Production Facility
-
Reinforcement Systems Factory Production Facility
-
Keystone Consolidated Industries Industrial Manufacturer Production Facility
-
Van Merksteijn USA Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.00M
CAP Approach
CAP
$4.59M
Comparable Approach
Comparable
$5.19M
Blend (final)
Blend
$7.00M
Owner & transaction history
Insteel Wire Products Company · 1 yrs held
Insteel Wire Products Company
since 2024
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.8M
+119.3%
Commercial (general)
$6.0M
+69.6%
Restaurant
$5.8M
+62.8%
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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$7,000,000
ML approach
$7,000,000
CAP Approach
CAP Return
Estimation
6%
$4,970,000
6.5%
$4,590,000
7%
$4,260,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,775,000
Change: +119% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,010,000
Change: +70% · Conversion: Difficult
RESTAURANT
$5,770,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,340,000
Change: +51% · Conversion: Easy
OFFICE BUILDING
$4,380,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10% · vs last sale $7.00M (Oct 22 2024)
Last sale anchor
$7.00M
Oct 22 2024
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
$96 / 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
$73,757
Tax year 2023
Assessed value
$1,138,550
Assessed 2023
Previous assessed
$1,138,550
+0.0% YoY
Effective rate
6.48%
On assessed value
Assessed land
$48,580
Assessed improvement
$1,089,970
Land market value
$138,800
Improvement market value
$3,114,200
Total market value
$3,253,000
Applied tax rate
39.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2011
Heating
NONE
Stories
1
Total area
72,594 SF
Lot
16.47 ac (717,433 SF)
APN
39-543110
UPID
US66-2730447
Jurisdiction
TRUMBULL
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
MEDICAL BUILDING
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RESTAURANT
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$5.3M
OFFICE BUILDING
Est. value
$4.4M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
2011
Heating
NONE
Stories
1
Lot
16.47 ac
Current owner
From public records · entity-resolved
Insteel Wire Products Company
Entity
Mailing address
1373 BOGGS DR, MOUNT AIRY, NC 27030-2145
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2024
$7,000,000
Insteel Wire Products Company
Engineered Wire Products INC
Limited Warranty Deed
—
Apr 3, 2023
—
Engineered Wire Products INC
—
Deed
related
$80,000,000 · Eclipse Business Capital LLC
Dec 31, 2020
—
Engineered Wire Products INC
—
Deed
related
$230,000,000 · Glas Americas LLC
Apr 25, 2019
—
Engineered Wire Products INC
—
Grant Deed
related
$450,000,000 · Wells Fargo Bk
Mar 6, 2019
—
Engineered Wire Products INC
—
Deed
related
—
Nov 17, 2016
—
Engineered Wire Products INC
—
Deed
related
$125,000,000 · Wells Fargo Cap Fin
Dec 30, 2014
—
Engineered Wire Products INC
—
Deed Of Trust
related
$100,000,000 · Wells Fargo Cap Fin
Sep 26, 2014
$3,250,000
Engineered Wire Products INC
Van Merksteijn USA LLC
Grant Deed
—
Dec 29, 2010
$100,000
Vanmerksteijn USA LLC
Vanmerksteijn Intl INC
Grant Deed
—
Oct 19, 2009
$100,000
Vanmerksteijn Intl INC
Tmg Manufacturing LLC
Warranty Deed
—
Mar 13, 2008
$90,000
Tmg Manufacturing LLC
March,beverly A
Warranty Deed
—
—
—
Engineered Wire Products INC
—
Deed Of Trust
related
—
—
—
Engineered Wire Products INC
—
Loan Modification
related
$125,000,000 · Wells Fargo Cap Fin
—
—
Engineered Wire Products INC
—
Loan Modification
related
$230,000,000 · Glas Americas LLC
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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