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Property profile & analytics
FOR LEASE
Office buildings
437 Lafayette Rd Medina, OH 44256
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-0585594
For Lease
1 / 6
$499/Mo
437 Lafayette Rd, Medina, OH 44256
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
WOOD
Total area
5,795 SF
Lot
0.61 ac (26,397 SF)
APN
028-19C-04-110
UPID
US66-0585594
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
-
Top Trucking Logistics Company Freight Service
-
Myers Driving School Training Center Vocational School
-
Grubb & Associates, LPA Law Firm
-
Williams Investment Services LPL Financial Advisor
-
Tanda Enterprise, LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Information Legal Systems INC · 5 yrs held
Information Legal Systems INC
since 2021
Last sale
$312,500
4 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 Medina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medina 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
$245,000
ML approach
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±10% · vs last sale $313k (Mar 8 2021)
Last sale anchor
$313k
Mar 8 2021
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
$42 / 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
$7,978
Tax year 2023
Assessed value
$136,710
Assessed 2023
Previous assessed
$136,710
+0.0% YoY
Effective rate
5.84%
On assessed value
Assessed land
$58,510
Assessed improvement
$78,200
Land market value
$167,180
Improvement market value
$223,420
Total market value
$390,600
Applied tax rate
28.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1970
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
16
Bathrooms
5
Total area
5,795 SF
Lot
0.61 ac (26,397 SF)
APN
028-19C-04-110
UPID
US66-0585594
Jurisdiction
MEDINA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
16
Bathrooms
5
Lot
0.61 ac
Current owner
From public records · entity-resolved
Information Legal Systems INC
Entity
Free & Clear · 5 yrs held
Mailing address
437 LAFAYETTE RD, MEDINA, OH 44256-3705
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
$312,500
Information Legal Systems INC
Romuald Panfil
Warranty Deed
—
Aug 30, 2018
—
Romuald Panfil
—
Deed
related
—
Nov 30, 1999
$380,000
Romuald Panfil
Funfgeld,erik F & Maureen T
Grant Deed
$303,560 · Bank One NA
—
—
Romuald Panfil
—
Loan Modification
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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