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Property profile & analytics
OFF-MARKET
Office buildings
3308 Navarre Ave Oregon, OH 43616-4347
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1688513
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
3,940 SF
Lot
0.82 ac (35,632 SF)
Zoning code
40-C2
APN
44-23059
UPID
US66-1688513
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Navarre Re LLC · 4 yrs held
Navarre Re LLC
since 2021
Last sale
$229,000
5 recorded transactions
Zoning & alternative use
40-C2 · Oregon, 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 Oregon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oregon 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
—
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
$6,084
Tax year 2023
Assessed value
$69,965
Assessed 2023
Previous assessed
$69,965
+0.0% YoY
Effective rate
8.70%
On assessed value
Assessed land
$40,915
Assessed improvement
$29,050
Land market value
$116,900
Improvement market value
$83,000
Total market value
$199,900
Applied tax rate
44.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
2
Total area
3,940 SF
Lot
0.82 ac (35,632 SF)
Zoning code
40-C2
APN
44-23059
UPID
US66-1688513
Jurisdiction
LUCAS
Zoning & alternative use
40-C2 · Oregon, OH
Zoning 40-C2 · permitted uses
40-C2 · Oregon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oregon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Navarre Re LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2332 MIDDLESEX DR, TOLEDO, OH 43606-3142
Ownership since
2021
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
Jan 16, 2024
—
Navarre Re LLC
—
Deed
related
$250,000 · Signature Bank NA
Nov 15, 2021
$229,000
Navarre Re LLC
Nicolas O Ostas
Fiduciary Deed
—
Mar 21, 2005
—
Stanley Ostas
Ostas,stanley & Margaret
Quit Claim Deed
related
—
—
—
Margaret Ostas
—
Deed Of Trust
related
$1,005,000 · First Fed'l Bk/the Midwest
—
—
Ostas Margaret Trust
—
Deed Of Trust
related
$1,100,000 · Fifth Third 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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