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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Automotive properties
400 Ww Ave Tallmadge, OH 44278-2159
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-1598747
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1966
Total area
32,996 SF
Lot
6.34 ac (276,170 SF)
APN
60-07616
UPID
US66-1598747
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
-
Park Ford Parts Auto Parts Store
-
Park Ford Service Auto Repair Shop
-
Park Ford Car Dealership Auto Repair Shop
-
ford collision center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$2.28M
Owner & transaction history
400 West Avenue LLC · 13 yrs held
400 West Avenue LLC
since 2012
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+12.0%
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 Tallmadge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallmadge 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,280,000
Current use
RESTAURANT
$3,675,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$3,090,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,085,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,860,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$69 / 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
$48,143
Tax year 2023
Assessed value
$660,180
Assessed 2023
Previous assessed
$660,180
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$168,570
Assessed improvement
$491,610
Land market value
$481,640
Improvement market value
$1,404,590
Total market value
$1,886,230
Applied tax rate
60.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
2
Total area
32,996 SF
Lot
6.34 ac (276,170 SF)
APN
60-07616
UPID
US66-1598747
Jurisdiction
SUMMIT
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
AUTO REPAIR, GARAGE Current
Est. value
$3.3M
RESTAURANT
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1966
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
6.34 ac
Current owner
From public records · entity-resolved
400 West Avenue LLC
Entity
Mailing address
400 WW AVE, TALLMADGE, OH 44278-2159
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2020
—
400 West Avenue LLC
—
Deed
related
$2,640,000 · Consumers National Bank
Dec 26, 2014
—
Park Ford INC|400 West Avenue LLC
—
Grant Deed
related
$2,600,000 · Ford Motor Credit
Feb 4, 2014
—
Park Ford INC
—
Trustees Deed
related
$600,000 · Ford Motor Credit
Aug 31, 2012
$1,400,000
400 West Avenue LLC
Steels Corners Properties LLC
Deed Of Trust
$2,354,691 · Steels Corners Properties LLC
Nov 29, 2000
—
Steels Corners Properties LLC
—
Deed Of Trust
related
$2,410,137 · Fifth Third Bank Nw Ohio NA
Dec 14, 1999
$1,565,000
Steels Corners Properties LLC
Rutz & Co
Grant Deed
$1,050,000 · Fifth Third Bank Ne Ohio
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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