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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Commercial land
35520 Schneider Ct Avon, OH 44011
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-2463182
Property summary
AI-generated overview
This exceptional 24-acre industrial land parcel presents a rare opportunity in Avon, Ohio's thriving commercial district. Located at 35520 Schneider Ct, Avon, OH 44011 (APN 04-00-016-102-025), this property is ideally situated for businesses seeking convenient access to major transportation arteries, including I-90 and the Turnpike. Currently zoned M1, the land allows for a diverse range of uses, including offices, storage and distribution facilities, manufacturing, production, and processing. The asking price is $1,250,000. Avon's business-friendly environment makes this one of the last reasonably priced industrial parcels available in the area. An adjacent 24-acre lot is also available for sale separately, offering potential for expansion or consolidation. This property represents a significant investment opportunity for businesses looking to establish or expand their operations in a strategic and highly accessible location. The property is owned by Schneider Court Realty LLC.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Total area
5,884 SF
Lot
24 ac (1,045,440 SF)
APN
04-00-016-102-025
UPID
US66-2463182
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
-
CIRCON Enviromental / Chemtron Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$935k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
M&m Ohio Holdings LLC · 1 yrs held
M&m Ohio Holdings LLC
since 2025
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$925,000
+91.2%
Apartment house (5+ units)
$820,000
+69.9%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon 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
$1,255,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
$1,015,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
RESTAURANT
$925,000
Change: +91% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$820,000
Change: +70% · Conversion: Moderate
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $1.25M (May 19 2025)
Last sale anchor
$1.25M
May 19 2025
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
$197 / 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
$14,170
Tax year 2023
Assessed value
$117,996
Assessed 2023
Previous assessed
$141,100
-16.4% YoY
Effective rate
12.01%
On assessed value
Assessed land
$117,996
Land market value
$337,130
Total market value
$337,130
Applied tax rate
10.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
NONE
Stories
1
Rooms
18
Bathrooms
2
Total area
5,884 SF
Lot
24 ac (1,045,440 SF)
APN
04-00-016-102-025
UPID
US66-2463182
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$820,000
RESTAURANT
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
1900
Heating
NONE
Stories
1
Rooms
18
Bathrooms
2
Lot
24 ac
Current owner
From public records · entity-resolved
M&m Ohio Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
368 JAYCOX RD, AVON LAKE, OH 44012-2116
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
—
M And M Ohio Holdings LLC
—
Deed
related
$2,000,000 · The Huntington National Bank
May 19, 2025
$1,250,000
M&m Ohio Holdings LLC
Schneider Court Realty LLC
Warranty Deed
—
Mar 23, 2017
—
Schneider Court Realty LLC
Guenther Companylcc
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.
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