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Property profile & analytics
OFF-MARKET
Estimated value
$7,435,000
Manufacturing properties
322 Cucumber St, Jefferson, OH 44047-1423
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-0799082
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
METAL FRAME
Total area
260,555 SF
Lot
16.4 ac (714,428 SF)
APN
26-024-00-015-00
UPID
US66-0799082
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
$8.69M
Blend (final)
Blend
$7.44M
Owner & transaction history
D & B Realty Holdings Co Ltd · 8 yrs held
D & B Realty Holdings Co Ltd
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$11.4M
+62.7%
Apartment house (5+ units)
$11.3M
+60.6%
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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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
INDUSTRIAL (GENERAL)
$7,015,000
Current use
WAREHOUSE, STORAGE
$11,415,000
Change: +63% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$11,270,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$7.44M
Range $6.69M – $8.18M · ±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
$29 / 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
$120,157
Tax year 2023
Assessed value
$1,798,370
Assessed 2023
Previous assessed
$1,798,370
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$77,490
Assessed improvement
$1,720,880
Land market value
$221,400
Improvement market value
$4,916,800
Total market value
$5,138,200
Applied tax rate
26.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
METAL FRAME
Heating
SPACE
Cooling
NONE
Buildings
2
Stories
1
Total area
260,555 SF
Lot
16.4 ac (714,428 SF)
APN
26-024-00-015-00
UPID
US66-0799082
Jurisdiction
ASHTABULA
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
INDUSTRIAL (GENERAL) Current
Est. value
$7.0M
WAREHOUSE, STORAGE
Est. value
$11.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.3M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
16.4 ac
Current owner
From public records · entity-resolved
D & B Realty Holdings Co Ltd
Entity
Free & Clear · 8 yrs held
Mailing address
6055 ROCKSIDE BLVD, INDEPENDENCE, OH 44131
Ownership since
2017
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
May 2, 2025
—
Presrite Corporation
—
Deed
related
$30,000,000 · Midcap Funding LLC
Oct 5, 2017
—
D & B Realty Holdings Co Ltd
D & B Realty Holdings Co Ltd
Quit Claim Deed
related
—
Nov 21, 2012
—
D & B Realty Holdings Co Ltd
—
Deed Of Trust
related
$53,000,000 · J P Morgan Chase Bank
May 25, 2011
—
D & B Realty Holdings Co Ltd
—
Deed Of Trust
related
$54,000,000 · Key Bank NA
Sep 21, 2010
—
D & B Realty Holdings Co Ltd
D & B Realty Holdings Co Ltd
Quit Claim Deed
related
—
Apr 14, 2010
—
400 East Erie LLC
D & B Realty Holdings Co Ltd
Warranty Deed
—
—
—
D & B Realty Holdings Co Ltd
—
Deed Of Trust
related
$1,030,000 · Key Bank NA
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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