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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Outlet malls
443 Main St Ravenna, OH 44266-2701
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-6129964
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2001
Total area
6,739 SF
Lot
0.7 ac (30,492 SF)
APN
31-361-14-00-122
UPID
US66-6129964
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
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$505k
Blend (final)
Blend
$605k
Owner & transaction history
Ravenna Walnut Real Estate LLC · 5 yrs held
Ravenna Walnut Real Estate LLC
since 2021
Last sale
$769,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$520,000
+86.7%
Apartment house (5+ units)
$515,000
+84.4%
Commercial (general)
$475,000
+71.0%
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 Ravenna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ravenna 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
$550,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$410,000
7%
$380,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$520,000
Change: +87% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$515,000
Change: +84% · Conversion: Difficult
COMMERCIAL (GENERAL)
$475,000
Change: +71% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $769k (Apr 12 2021)
Last sale anchor
$769k
Apr 12 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
$90 / 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
$12,274
Tax year 2023
Assessed value
$194,950
Assessed 2023
Previous assessed
$269,150
-27.6% YoY
Effective rate
6.30%
On assessed value
Assessed land
$45,360
Assessed improvement
$149,590
Land market value
$129,600
Improvement market value
$427,400
Total market value
$557,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
YES
Stories
1
Rooms
12
Bathrooms
0
Total area
6,739 SF
Lot
0.7 ac (30,492 SF)
APN
31-361-14-00-122
UPID
US66-6129964
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
AUTO REPAIR, GARAGE
Est. value
$520,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$475,000
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2001
Heating
NONE
Cooling
Yes
Stories
1
Rooms
12
Bathrooms
0
Lot
0.7 ac
Current owner
From public records · entity-resolved
Ravenna Walnut Real Estate LLC
Entity
Mailing address
443 W MAIN ST, RAVENNA, OH 44266-2701
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2021
—
Ravenna Walnut Real Estate LLC
—
Deed
related
$615,200 · Merchants National Bank
Apr 12, 2021
$769,000
Ravenna Walnut Real Estate LLC
Friedli LLC
Warranty Deed
$615,200 · Merchants National Bank
Jun 18, 2019
$557,000
Friedli LLC
Wedgi Ents LLC
Warranty Deed
—
Dec 23, 2008
$975,000
Wedgi Ents LLC
Ignacio,willie M & Enedina V
Warranty Deed
—
Jan 4, 2007
$975,000
Willie M Ignacio
Realty Dev Associates INC
Warranty Deed
$682,500 · Franklin Bank
Aug 23, 2001
$210,000
Realty Development Assoc INC
Adi,amer N & Fidad K
Grant Deed
$230,000 · Provident Savings Bank
Jun 1, 2000
—
Amer N Adi
Boukrab,lahsen & Betsy V
Grant Deed
related
—
Sep 28, 1998
$125,000
Lahsen Boukrab
Lyden Land Co
Grant Deed
$113,000 · Lyden Land Co
—
—
Willie M Ignacio
—
Deed Of Trust
related
$682,500 · First Place Bank
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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