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Property profile & analytics
OFF-MARKET
Apartment buildings
4320 Bancroft St Ottawa Hills, OH 43615-7844
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-0030384
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
10,292 SF
Lot
0.24 ac (10,245 SF)
Zoning code
12-B3
APN
88-12644
UPID
US66-0030384
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Polymathic Hldg LLC · 5 yrs held
Polymathic Hldg LLC
since 2020
Last sale
$326,000
6 recorded transactions
Zoning & alternative use
12-B3 · Ottawa Hills, OH
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 Ottawa Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ottawa Hills 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$15,640
Tax year 2023
Assessed value
$105,000
Assessed 2023
Previous assessed
$105,000
+0.0% YoY
Effective rate
14.90%
On assessed value
Assessed land
$14,805
Assessed improvement
$90,195
Land market value
$42,300
Improvement market value
$257,700
Total market value
$300,000
Applied tax rate
88.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
3
Units
4
Total area
10,292 SF
Lot
0.24 ac (10,245 SF)
Zoning code
12-B3
APN
88-12644
UPID
US66-0030384
Jurisdiction
LUCAS
Zoning & alternative use
12-B3 · Ottawa Hills, OH
Zoning 12-B3 · permitted uses
12-B3 · Ottawa Hills, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ottawa Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
3
Units
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
Polymathic Hldg LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1559 PALISADES DR, PACIFIC PALISADES, CA 90272-2104
Ownership since
2020
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
Aug 26, 2020
$326,000
Polymathic Hldg LLC
Lucas K Laurel
Warranty Deed
—
Jan 4, 2019
$257,100
Kyle Laurel Lucas
Kevin W Martin
Survivorship Deed
$192,788 · Wells Fargo Bank NA
Feb 3, 2010
$162,000
Martin Kevin W Tr
Federal Natl Mtg Assn Fnma
Grant Deed
$129,600 · State Bank & Trust
Oct 15, 2009
$200,000
Federal Natl Mtg Assn Fnma
Sheriff Of Lucas County
Trustees Deed
related
—
Dec 8, 2004
—
Cjb Investments LLC
Bucher,jack A & Connie S
Warranty Deed
related
—
Dec 30, 2003
$300,000
Connie S Bucher
Meitinger,sylvester & Margaret
Grant Deed
$240,000 · Fifth Third Mortgage Co
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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