Back to Search
Property profile & analytics
FOR LEASE
Warehouses
4676 Erie Ave Sw Navarre, OH 44662
Entity Owned
Free & Clear
Property ID
US66-1437949
For Lease
Contact for pricing
4676 Erie Ave Sw, Navarre, OH 44662
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
BRICK
Total area
186,091 SF
Lot
15.67 ac (682,585 SF)
APN
09-00008
UPID
US66-1437949
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
$9.09M
CAP Approach
CAP
$11.75M
Comparable Approach
Comparable
$12.14M
Blend (final)
Blend
$11.44M
Owner & transaction history
Americold Real Estate LP
Americold Real Estate LP
since 2026
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.6M
+88.9%
Medical building
$17.0M
+72.7%
Retail stores
$16.3M
+65.9%
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 Navarre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Navarre 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
$10,960,000
ML approach
$9,085,000
CAP Approach
CAP Return
Estimation
6%
$12,725,000
6.5%
$11,745,000
7%
$10,905,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,825,000
Current use
AUTO REPAIR, GARAGE
$18,560,000
Change: +89% · Conversion: Easy
MEDICAL BUILDING
$16,970,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$16,305,000
Change: +66% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$15,960,000
Change: +62% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$14,600,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,385,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$11.44M
Range $10.30M – $12.58M · ±10% · vs last sale $14.50M (Oct 19 2022)
Last sale anchor
$14.50M
Oct 19 2022
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
$61 / 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
$154,767
Tax year 2023
Assessed value
$3,171,670
Assessed 2023
Previous assessed
$3,171,670
+0.0% YoY
Effective rate
4.88%
On assessed value
Assessed land
$82,460
Assessed improvement
$3,089,210
Land market value
$235,600
Improvement market value
$8,826,300
Total market value
$9,061,900
Applied tax rate
45.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1984
Construction
BRICK
Heating
YES
Cooling
NONE
Stories
1
Units
1
Bathrooms
2
Total area
186,091 SF
Lot
15.67 ac (682,585 SF)
APN
09-00008
UPID
US66-1437949
Jurisdiction
STARK
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
WAREHOUSE, STORAGE Current
Est. value
$9.8M
AUTO REPAIR, GARAGE
Est. value
$18.6M
MEDICAL BUILDING
Est. value
$17.0M
RETAIL STORES
Est. value
$16.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.6M
COMMERCIAL (GENERAL)
Est. value
$10.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
15.67 ac
Current owner
From public records · entity-resolved
Americold Real Estate LP
Entity
Free & Clear · 0 yrs held
Mailing address
1270 AVE OF THE AMERICAS STE #1815, NEW YORK, NY 10020-1702
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
$18,500,000
Americold Real Estate LP
Bmc Massillon LLC
Deed
—
Oct 19, 2022
$14,500,000
Bmc Massillon LLC
Navarre Real Estate LLC
Limited Warranty Deed
$13,050,000 · First National Bank Of Central Tx
Oct 16, 2020
$32,000,000
Navarre Real Estate LLC
Prophecy Massillon LLC
Limited Warranty Deed
—
Jun 5, 2020
—
Prophecy Massillon LLC
—
Deed
related
$21,300,000 · Bm 18-massillon LLC
Apr 1, 2010
—
Prophecy Massillon LLC
Prohpecy Massillon LLC
Grant Deed
$19,200,000 · Huntington National Bank
—
—
Prophecy Massillon LLC
—
Loan Modification
related
$21,300,000 · Bm 18-massillon LLC
—
—
Prophecy Massillon LLC
—
Deed Of Trust
related
$18,574,990 · Huntington National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.