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Property profile & analytics
OFF-MARKET
Estimated value
$18,100,000
Industrial properties
400 Nave SE Rd, Massillon, OH 44646-8898
Entity Owned
~
Est. High Equity
Property ID
US66-1892541
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Construction
BRICK
Total area
216,760 SF
Lot
15.51 ac (675,616 SF)
APN
06-17258
UPID
US66-1892541
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
-
A.R.E. Accessories Auto Parts Store
-
Adecco Staffing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$18.10M
CAP Approach
CAP
$11.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.10M
Owner & transaction history
400 Massillon De LLC
400 Massillon De LLC
since 2025
Last sale
$18.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.3M
+137.0%
Retail stores
$23.3M
+118.2%
Medical building
$19.8M
+84.8%
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 Massillon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Massillon 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
$18,100,000
ML approach
$18,100,000
CAP Approach
CAP Return
Estimation
6%
$12,205,000
6.5%
$11,265,000
7%
$10,460,000
Alternative Use
Use
Estimation
RESTAURANT
$25,345,000
Change: +137% · Conversion: Difficult
RETAIL STORES
$23,335,000
Change: +118% · Conversion: Moderate
MEDICAL BUILDING
$19,765,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$18,590,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,980,000
Change: +68% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$17,005,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$18.10M
Range $16.29M – $19.91M · ±10% · vs last sale $18.10M (Feb 1 2024)
Last sale anchor
$18.10M
Feb 1 2024
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
$84 / 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
$97,390
Tax year 2023
Assessed value
$1,622,360
Assessed 2023
Previous assessed
$1,680,560
-3.5% YoY
Effective rate
6.00%
On assessed value
Assessed land
$235,690
Assessed improvement
$1,386,670
Land market value
$673,400
Improvement market value
$3,961,900
Total market value
$4,635,300
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
1995
Construction
BRICK
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Bathrooms
4
Total area
216,760 SF
Lot
15.51 ac (675,616 SF)
APN
06-17258
UPID
US66-1892541
Jurisdiction
STARK
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
$25.3M
RETAIL STORES
Est. value
$23.3M
MEDICAL BUILDING
Est. value
$19.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.6M
COMMERCIAL (GENERAL)
Est. value
$18.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.0M
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1995
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
15.51 ac
Current owner
From public records · entity-resolved
400 Massillon De LLC
Entity
Mailing address
111 S ELGIN AVE, TULSA, OK 74120-1816
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
—
400 Massillon De LLC
Massillon 400 LLC
Deed
$61,366,000 · Argentic Real Estate Finance 2 LLC
Jun 21, 2024
—
M&m 2005 LLC
M&m 2005 Phoenix LLC
Limited Warranty Deed
—
Feb 1, 2024
—
Radix Equity LLC
Radix Equity LLC
Intrafamily Transfer
related
—
May 27, 2022
$18,100,000
Radix Equity LLC
Wbcmt 2007 C33 Nave Road LLC
Limited Warranty Deed
$12,670,000 · Intrust Bank NA
Jul 11, 2018
—
Wbcmt 2007-c33 Nave Road LLC
Us Industrial Nave LP
Deed In Lieu Of Foreclosure
related
—
Jul 6, 2007
$10,500,000
Us Industrial Nave LP
Nl Ventures V Nave LP
Limited Warranty Deed
$108,000,000 · Wachovia Bank NA
Oct 4, 2004
$75,000
Nl Ventures V Nave
Gami
Grant Deed
—
Oct 4, 2004
—
Nl Ventures V Nave
Are INC
Quit Claim 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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