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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Apartment buildings
4855 Angola Rd, Toledo, OH 43615-6492
Entity Owned
Absentee Owner
Property ID
US66-2708281
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2001
Total area
73,408 SF
Lot
12.02 ac (523,800 SF)
Zoning code
10-RD6
APN
02-71767
UPID
US66-2708281
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
-
Waterford Real Estate Agency
-
Epworth United Methodist Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$3.06M
Owner & transaction history
City Of Toledo
City Of Toledo
since 2026
Last sale
$6,350
4 recorded transactions
Zoning & alternative use
10-RD6 · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+56.0%
Office building
$3.9M
+37.0%
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
$3,200,000
ML approach
$3,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,870,000
Current use
COMMERCIAL (GENERAL)
$4,475,000
Change: +56% · Conversion: Moderate
OFFICE BUILDING
$3,930,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $6k (Jan 7 2026)
Last sale anchor
$6k
Jan 7 2026
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
$77,557
Tax year 2023
Assessed value
$840,000
Assessed 2023
Previous assessed
$987,070
-14.9% YoY
Effective rate
9.23%
On assessed value
Assessed land
$361,410
Assessed improvement
$478,590
Land market value
$1,032,600
Improvement market value
$1,367,400
Total market value
$2,400,000
Applied tax rate
2.0000
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
2001
Heating
NONE
Stories
1
Units
80
Total area
73,408 SF
Lot
12.02 ac (523,800 SF)
Zoning code
10-RD6
APN
02-71767
UPID
US66-2708281
Jurisdiction
LUCAS
Zoning & alternative use
10-RD6 · Toledo, OH
Zoning 10-RD6 · permitted uses
10-RD6 · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
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
2001
Heating
NONE
Stories
1
Units
80
Lot
12.02 ac
Current owner
From public records · entity-resolved
City Of Toledo
Entity
Mailing address
2211 YORK RD STE #222, OAK BROOK, IL 60523-4024
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$6,350
City Of Toledo
Waterford Senior Apartments LLC
Deed
—
Nov 20, 2024
$3,200,000
Waterford Senior Apartments LLC
Toledo Elderly Limited Partnership
Deed
—
Aug 28, 2020
—
Toledo Elderly LP
—
Deed
related
$1,342,000 · Merchants Bk/in
—
—
Toledo Elderly LP
—
Deed Of Trust
related
$1,342,000 · Merchants Bk/in
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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