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Property profile & analytics
OFF-MARKET
Estimated value
$2,210,000
Commercial land
39060 Colorado Ave Avon, OH 44011-1176
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-3887549
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.9 ac (39,204 SF)
APN
04-00-004-102-105
UPID
US66-3887549
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
-
Take 5 Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Si Spe LLC · 1 yrs held
Si Spe LLC
since 2024
Last sale
$2.5M
7 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 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
$1,965,000
ML approach
$1,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.21M
Range $1.99M – $2.43M · ±10% · vs last sale $2.50M (Jan 6 2022)
Last sale anchor
$2.50M
Jan 6 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
—
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
$2,022
Tax year 2023
Assessed value
$31,500
Assessed 2023
Previous assessed
$31,500
+0.0% YoY
Effective rate
6.42%
On assessed value
Assessed land
$31,500
Land market value
$90,000
Total market value
$90,000
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
Heating
NONE
Lot
0.9 ac (39,204 SF)
APN
04-00-004-102-105
UPID
US66-3887549
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
Heating
NONE
Lot
0.9 ac
Current owner
From public records · entity-resolved
Si Spe LLC
Entity
Mailing address
440 S CHURCH ST STE #7, CHARLOTTE, NC 28202-2075
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$1,198,800
Si Spe LLC
Boing Us Holdco INC
Special Warranty Deed
—
Jan 6, 2022
$2,500,000
Us Holdco INC
Avon Wash Properties LLC
Limited Warranty Deed
—
Dec 6, 2019
—
Cleveland Electric Illuminatin
Avon Wash Properties LLC
Grant Deed
related
—
Sep 27, 2019
—
Avon Wash Properties LLC
—
Deed
related
$786,000 · Dollar Bk
Aug 15, 2019
$325,000
Avon Wash Properties LLC
Buckeye Investment Nwo LLC
Warranty Deed
—
Aug 15, 2019
$400,000
Avon Wash Properties LLC
Oci Investments LLC
Warranty Deed
—
Mar 13, 2019
—
Oci Investments LLC
Rivers Edge LP
Warranty Deed
related
—
Apr 20, 2016
$330,000
Buckeye Investment Nwo LLC
Energy Stores INC
Warranty Deed
—
Aug 29, 2005
—
Armbruster Energy Stores INC
Pinzone Armbruster INC
Quit Claim Deed
related
—
Sep 25, 2002
—
Pinzone-armbruster INC
James,p Oliver Tr
Quit Claim Deed
related
—
—
—
Avon Wash Properties LLC
—
Deed Of Trust
related
$786,000 · Dollar Bk
—
—
Armbruster Energy Stores INC
—
Deed Of Trust
related
$200,000 · Lasko & Lind Co Lpa
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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