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Property profile & analytics
OFF-MARKET
Estimated value
$8,760,000
Industrial properties
515 Urwin Pkwy, Ontario, OH 44906-3352
Entity Owned
Free & Clear
Property ID
US66-5292747
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Total area
161,730 SF
Lot
31.07 ac (1,353,496 SF)
APN
038-60-319-11-802
UPID
US66-5292747
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
by Request
CAP Approach
CAP
$10.23M
Comparable Approach
Comparable
$9.06M
Blend (final)
Blend
$8.76M
Owner & transaction history
WESTCO MANSFIELD, LLC
WESTCO MANSFIELD, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.7M
+108.3%
Office building
$11.4M
+102.0%
Medical building
$9.6M
+70.6%
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
by Request
CAP Approach
CAP Return
Estimation
6%
$11,075,000
6.5%
$10,225,000
7%
$9,495,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,630,000
Current use
RETAIL STORES
$11,730,000
Change: +108% · Conversion: Moderate
OFFICE BUILDING
$11,375,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$9,605,000
Change: +71% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,035,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,275,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$8.76M
Range $7.88M – $9.64M · ±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
$54 / 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
Assessed value
$1,751,710
Assessed 2023
Previous assessed
$1,600,580
+9.4% YoY
Assessed improvement
$1,751,710
Improvement market value
$5,004,880
Total market value
$5,004,880
Applied tax rate
3,860.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
161,730 SF
Lot
31.07 ac (1,353,496 SF)
APN
038-60-319-11-802
UPID
US66-5292747
Jurisdiction
RICHLAND
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
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
RETAIL STORES
Est. value
$11.7M
OFFICE BUILDING
Est. value
$11.4M
MEDICAL BUILDING
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$8.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
31.07 ac
Current owner
From public records · entity-resolved
WESTCO MANSFIELD, LLC
Entity
Free & Clear · 0 yrs held
Mailing address
200 RANDOLPH AVE SE, HUNTSVILLE, AL 35801-4874
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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