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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Warehouses
32961 Pin Oak Pkwy 310 Avon Lake, OH 44012-2393
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2724419
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Total area
1,080 SF
Lot
1 ac (43,560 SF)
APN
04-00-008-723-012
UPID
US66-2724419
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
-
Jostens (Bike/Boat/Book/etc) Store
-
StorageCondos - Avon Lake Storage Facility
-
See-Thru Window Cleaning General Contractor Renovation Specialist
-
Re/Max Real Estate Group Real Estate Agency
-
Mike Wallace - RE/MAX Real Estate group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$865k
Owner & transaction history
Red Lion Property Management LLC · 3 yrs held
Red Lion Property Management LLC
since 2023
Last sale
$825,000
5 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 Avon Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Lake 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
$890,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $825k (Mar 15 2023)
Last sale anchor
$825k
Mar 15 2023
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
$801 / 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
$1,138
Tax year 2023
Assessed value
$15,316
Assessed 2023
Previous assessed
$15,320
0.0% YoY
Effective rate
7.43%
On assessed value
Assessed land
$7,000
Assessed improvement
$8,316
Land market value
$20,000
Improvement market value
$23,760
Total market value
$43,760
Applied tax rate
11.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Units
1
Total area
1,080 SF
Lot
1 ac (43,560 SF)
APN
04-00-008-723-012
UPID
US66-2724419
Jurisdiction
LORAIN
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
2008
Heating
NONE
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Red Lion Property Management LLC
Entity
Mailing address
32961 PIN OAK PKWY, AVON LAKE, OH 44012-2393
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2023
$825,000
Red Lion Property Management LLC
Koke Development LLC
Limited Warranty Deed
$456,160 · First Fsla Of Lakewood
Jun 21, 2013
$321,200
Koke Dev LLC
Harwin Dev LLC
Warranty Deed
—
May 11, 2009
$321,135
Joe Kokinda
Harwin LLC
Grant Deed
—
—
—
Koke Dev LLC
—
Deed Of Trust
related
$243,210 · Joseph A Kokinda
—
—
Koke Dev LLC
—
Deed Of Trust
related
$250,000 · Buckeye Cmnty Bk
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.
Try Rey
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