Realmo Analytics

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Property profile

428 Platt St Toledo, OH 43605

FOR SALE
Apartment buildings
Property ID
US66-5125197
4,808 SF 0.22 ac lot Built 1922
Last sale Aug 2025 · $235,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$35k
Assessed land$3k
Assessed improvement$32k
Effective rate10.08%

Value estimate

· Oct 2026
$85k
$77k – $94k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$3k
Operating expenses−$33k
NOI · 14.73% cap applied$41k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$28/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$17 – $37
Qualifying comparables3

Cap rate analysis

How does the asset earn?
14.73%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
10-RD6
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.6
Spa & Massage14.8
Nail Salon12.5

Location

428 Platt St Toledo, OH 43605
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
421 Oswald, Toledo, OH 43605-2100 $70,000 Jul 2025 4,144 SF
439 Oak, Toledo, OH 43605-3373 $28,000 Apr 2025 4,177 SF
1201 Starr, Toledo, OH 43605-2486 $300,000 Feb 2025 4,575 SF
406 Paine, Toledo, OH 43605-1283 $60,000 Oct 2024 4,125 SF
1351 Felt, Toledo, OH 43605-3432 $750,000 Apr 2024 4,968 SF
771 Howland, Toledo, OH 43605-2847 $750,000 Apr 2024 5,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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