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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Retail space
5101 Alexis Rd Sylvania, OH 43560-2502
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-1295566
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Total area
4,754 SF
Lot
0.51 ac (22,128 SF)
Zoning code
20-C2
APN
78-50141
UPID
US66-1295566
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
-
S&G #43 Grocery & Convenience Store
-
ATM Coiners Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$573k
Blend (final)
Blend
$545k
Owner & transaction history
Ridi Reio LLC · 11 yrs held
Ridi Reio LLC
since 2014
3 recorded transactions
Zoning & alternative use
20-C2 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$480,000
+43.1%
Neighborhood: shopping center
$385,000
+14.7%
Auto repair, garage
$350,000
+3.5%
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 Sylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvania 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
by Request
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$485,000
Alternative Use
Use
Estimation
RETAIL STORES
$335,000
Current use
MEDICAL BUILDING
$480,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$385,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$350,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
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
$115 / 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
$14,022
Tax year 2023
Assessed value
$135,135
Assessed 2023
Previous assessed
$135,135
+0.0% YoY
Effective rate
10.38%
On assessed value
Assessed land
$32,725
Assessed improvement
$102,410
Land market value
$93,500
Improvement market value
$292,600
Total market value
$386,100
Applied tax rate
78.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
4,754 SF
Lot
0.51 ac (22,128 SF)
Zoning code
20-C2
APN
78-50141
UPID
US66-1295566
Jurisdiction
LUCAS
Zoning & alternative use
20-C2 · Sylvania, OHZoning 20-C2 · permitted uses
20-C2 · Sylvania, OH
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
RETAIL STORES Current
Est. value
$335,000
MEDICAL BUILDING
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$350,000
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1974
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Ridi Reio LLC
Entity
Mailing address
5131 ALEXIS RD, SYLVANIA, OH 43560-2502
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2019
—
Ridi Reio LLC
—
Grant Deed
related
$31,500,000 · Wells Fargo Bk
Oct 3, 2014
—
Ridi Reio LLC
—
Grant Deed
related
$1,364,000 · First Fed'l Bk/the Midwest
Sep 25, 2014
$1,300,000
Ridi Reio LLC
Village Farm Dairy Co
Trustees Deed
$5,500,000 · First Fed'l Bk/the Midwest
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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