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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Commercial real estate
46 Waterloo Rd Coventry Township, OH 44319-1117
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-2714459
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Total area
19,840 SF
Lot
3.6 ac (156,990 SF)
APN
19-10232
UPID
US66-2714459
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
-
Beacon Collision Center Akron Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.89M
Owner & transaction history
Kc Development LLC · 6 yrs held
Kc Development LLC
since 2020
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+15.5%
Restaurant
$2.1M
+12.3%
Auto repair, garage
$2.0M
+5.6%
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 Coventry Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry Township 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
$1,540,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,875,000
Current use
MEDICAL BUILDING
$2,165,000
Change: +15% · Conversion: Easy
RESTAURANT
$2,105,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,980,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,855,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,595,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $1.90M (Jan 16 2020)
Last sale anchor
$1.90M
Jan 16 2020
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
$95 / 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
$31,732
Tax year 2023
Assessed value
$422,860
Assessed 2023
Previous assessed
$422,860
+0.0% YoY
Effective rate
7.50%
On assessed value
Assessed land
$145,040
Assessed improvement
$277,820
Land market value
$414,410
Improvement market value
$793,760
Total market value
$1,208,170
Applied tax rate
19.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
19,840 SF
Lot
3.6 ac (156,990 SF)
APN
19-10232
UPID
US66-2714459
Jurisdiction
SUMMIT
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
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$2.2M
RESTAURANT
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
3.6 ac
Current owner
From public records · entity-resolved
Kc Development LLC
Entity
Mailing address
46 W WATERLOO RD, COVENTRY TOWNSHIP, OH 44319-1117
Mailing matches property
Yes
Owner-occupied
Yes
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
Jan 16, 2020
$1,900,000
Kc Development LLC
Progressive Casualty Insurance Comp
Deed
$1,600,000 · First Commonwealth Bank
Jan 16, 2020
—
Kc Dev LLC
—
Deed
related
$1,500,000 · First Cmnwlt Bk
Jun 12, 2006
—
Progressive Casualty Ins Co
Progressive Casualty Ins
Quit Claim Deed
—
Apr 11, 2006
$700,000
Progressive Casualty Ins Co
Bowling,richard A
Warranty Deed
—
—
—
Richard A Bowling
—
Deed Of Trust
related
$200,000 · Firstmerit Bank NA
—
—
Richard A Bowling
—
Deed Of Trust
related
$400,000 · Firstmerit Bank NA
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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