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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Retail space
4211 Karg Industrial Pkwy Kent, OH 44240-6470
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1673496
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
28,000 SF
Lot
2.07 ac (89,995 SF)
APN
04-033-00-00-008-008
UPID
US66-1673496
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
$1.07M
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.27M
Owner & transaction history
4211 Karg Partners LLC · 2 yrs held
4211 Karg Partners LLC
since 2024
Last sale
$1.3M
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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
$870,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$1,840,000
6.5%
$1,700,000
7%
$1,575,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,775,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10% · vs last sale $1.25M (Mar 20 2024)
Last sale anchor
$1.25M
Mar 20 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
$45 / 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
$26,199
Tax year 2023
Assessed value
$365,440
Assessed 2023
Previous assessed
$365,440
+0.0% YoY
Effective rate
7.17%
On assessed value
Assessed land
$39,760
Assessed improvement
$325,680
Land market value
$113,600
Improvement market value
$930,500
Total market value
$1,044,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
YES
Stories
1
Total area
28,000 SF
Lot
2.07 ac (89,995 SF)
APN
04-033-00-00-008-008
UPID
US66-1673496
Jurisdiction
PORTAGE
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
WAREHOUSE, STORAGE
Est. value
$1.8M
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
1990
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
4211 Karg Partners LLC
Entity
Mailing address
11407 IMMEL AVE NE, HARTVILLE, OH 44632-8644
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
$1,250,000
4211 Karg Partners LLC
Jd Property Holdings II LLC
Deed
$1,150,000 · Jd Property Holdings II LLC
Jul 9, 2021
—
Growth Capital Corp
—
Deed
related
$610,000 · Consumers National Bank
May 21, 2021
$1,220,000
Jp Property Holdings II LLC
4211 Karg Industrial Parkway LLC
Warranty Deed
$610,000 · Consumers National Bank
May 21, 2021
—
Jd Property Holdings II LLC
—
Deed
related
$488,000 · Consumers National Bank
Jul 13, 2017
—
4211 Karg Indl Parkway LLC
—
Deed
related
$740,000 · Civista Bk
Sep 28, 2001
—
Karg Industrial Pkwy LLC
Maynard Investments LP
Grant Deed
related
—
—
—
4211 Karg Indl Parkway LLC
—
Deed Of Trust
related
$341,250 · Maynard Investments
—
—
4211 Karg Indl Parkway LLC
—
Deed Of Trust
related
$873,750 · Firstmerit Bank NA
—
—
4211 Karg Indl Parkway LLC
—
Deed Of Trust
related
$740,000 · Civista Bk
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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