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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Industrial properties
38870 Taylor Pkwy North Ridgeville, OH 44035-6254
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-6156064
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1992
Total area
11,028 SF
Lot
1.94 ac (84,506 SF)
APN
07-00-047-000-093
UPID
US66-6156064
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
$640k
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$680k
Owner & transaction history
Ts&bg Properties LLC · 9 yrs held
Ts&bg Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+58.3%
Auto repair, garage
$910,000
+39.9%
Office building
$895,000
+38.0%
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 North Ridgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Ridgeville 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%
$695,000
6.5%
$640,000
7%
$595,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$650,000
Current use
MEDICAL BUILDING
$1,025,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$910,000
Change: +40% · Conversion: Easy
OFFICE BUILDING
$895,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: +31% · Conversion: Difficult
WAREHOUSE, STORAGE
$800,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$62 / 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
$15,689
Tax year 2023
Assessed value
$227,500
Assessed 2023
Previous assessed
$227,500
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$30,870
Assessed improvement
$196,630
Land market value
$88,200
Improvement market value
$561,800
Total market value
$650,000
Applied tax rate
50.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1992
Heating
YES
Stories
1
Units
1
Total area
11,028 SF
Lot
1.94 ac (84,506 SF)
APN
07-00-047-000-093
UPID
US66-6156064
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
INDUSTRIAL (GENERAL) Current
Est. value
$650,000
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$910,000
OFFICE BUILDING
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$850,000
WAREHOUSE, STORAGE
Est. value
$800,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1992
Heating
YES
Stories
1
Units
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Ts&bg Properties LLC
Entity
Mailing address
38870 TAYLOR PKWY, NORTH RIDGEVILLE, OH 44035-6254
Ownership since
2016
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 10, 2017
—
Ts & Bg Properties LLC
—
Deed
related
$290,000 · Growth Cap
Aug 15, 2016
$650,000
Ts&bg Properties LLC
Friedel Enterprises LLC
Warranty Deed
$350,000 · Huntington National Bank
—
—
Friedel Ents LLC
—
Deed Of Trust
related
$365,000 · Cherrywood Com'l Lndg
—
—
Friedel Enterprises LLC
—
Deed Of Trust
related
$293,000 · Charter One Bank
—
—
Ts & Bg Properties LLC
—
Deed Of Trust
related
$290,000 · Growth Cap
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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