Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Warehouses
3485 Silica Rd Sylvania, OH 43560-8995
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1673362
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
16,200 SF
Lot
3.56 ac (155,074 SF)
Zoning code
20-M3
APN
78-31464
UPID
US66-1673362
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
-
Air Conversion Technology Industrial Manufacturer Production Facility
-
MACK INDUSTRIAL Production Facility Building Supply
-
Athlete Headquarters Gym & Fitness Center
-
toledo garage floor coating General Contractor
-
Photography By K Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$945k
Owner & transaction history
Burger Property Investments LLC · 3 yrs held
Burger Property Investments LLC
since 2022
Last sale
$951,338
5 recorded transactions
Zoning & alternative use
20-M3 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+115.4%
Auto repair, garage
$1.2M
+94.5%
Retail stores
$1.1M
+87.8%
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 Sylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvania 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
$965,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,315,000
Change: +115% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,185,000
Change: +94% · Conversion: Easy
RETAIL STORES
$1,145,000
Change: +88% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,045,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$1,040,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $951k (Nov 8 2022)
Last sale anchor
$951k
Nov 8 2022
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
$58 / 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
$34,443
Tax year 2023
Assessed value
$332,500
Assessed 2023
Previous assessed
$332,500
+0.0% YoY
Effective rate
10.36%
On assessed value
Assessed land
$15,085
Assessed improvement
$317,415
Land market value
$43,100
Improvement market value
$906,900
Total market value
$950,000
Applied tax rate
78.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
16,200 SF
Lot
3.56 ac (155,074 SF)
Zoning code
20-M3
APN
78-31464
UPID
US66-1673362
Jurisdiction
LUCAS
Zoning & alternative use
20-M3 · Sylvania, OH
Zoning 20-M3 · permitted uses
20-M3 · Sylvania, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylvania. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$610,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2000
Heating
NONE
Stories
1
Lot
3.56 ac
Current owner
From public records · entity-resolved
Burger Property Investments LLC
Entity
Mailing address
8351 WATERFORD DR, LAMBERTVILLE, MI 48144-8618
Ownership since
2022
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
Aug 5, 2024
—
Burger Property Investments LLC
—
Deed
related
$961,000 · Genoa Banking Co
Nov 8, 2022
$951,400
Burger Property Investments LLC
Hq2 Properties LLC
Warranty Deed
$886,000 · The Huntington National Bank
Apr 29, 2021
$960,000
Hq2 Properties LLC
Chryso LLC
Warranty Deed
—
Jun 14, 2018
$26,270
Board Of Lucas County
Chryso LLC
Warranty Deed
—
Sep 9, 2004
—
Chryso LLC
Mexican Supreme INC
Warranty Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3485 Silica Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
