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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Medical Office Space
321 Niles Cortland NE Rd Warren, OH 44484-1974
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1578609
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1940
Total area
1,432 SF
Lot
1.04 ac (45,302 SF)
APN
28-098400
UPID
US66-1578609
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
-
Lev Berberich & Stabile Dental Office
-
Pediatric Associates Of Warren Pediatrician Medical Clinic
-
Oscar F Sterle Md Physician
-
Dr. Zenovia Kondolios, MD Pediatrician Medical Clinic
-
Kondolios Pete E MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Direct Development LLC · 3 yrs held
Direct Development LLC
since 2023
Last sale
$938,000
4 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$552 / 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
$19,475
Tax year 2023
Assessed value
$295,510
Assessed 2023
Previous assessed
$240,320
+23.0% YoY
Effective rate
6.59%
On assessed value
Assessed land
$35,390
Assessed improvement
$260,120
Land market value
$101,100
Improvement market value
$743,200
Total market value
$844,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1940
Heating
BASEBOARD
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
6
Bathrooms
1
Total area
1,432 SF
Lot
1.04 ac (45,302 SF)
APN
28-098400
UPID
US66-1578609
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
Building & site characteristics
From public records
Year built
1940
Heating
BASEBOARD
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Direct Development LLC
Entity
Mailing address
1536 1ST ST, NEWTON FALLS, OH 44444-1186
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Direct Development LLC
—
Deed
related
$1,912,500 · Farmers National Bank/canfield
May 24, 2023
$938,000
Direct Development LLC
Sandy Kondoleon
Warranty Deed
—
—
—
Pediatric Assocs Of Warren INC
—
Deed Of Trust
related
$176,100 · Us Small Business Admn
—
—
Pediatric Assocs Of Warren INC
—
Deed Of Trust
related
$80,400 · 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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