Entity Owned Property summary
AI-generated overview
A multi-tenant industrial warehouse complex configured as nine separate units, with individual unit sizes reported at approximately 1,200, 1,600, 4,760, and 6,000 square feet. Each unit is described as having drive-in overhead doors, a private entry, private restrooms, concrete flooring, high ceilings, bright LED lighting, and insulated interiors, along with access to an ample gravel laydown yard and parking. Some units include framed office build-outs, and several units are described as having new electrical service with individual metering. The structures are described as a mix of quonset-style and modern steel buildings designed for truck and trailer access. The property is positioned for convenient access to major highways and is zoned Light Industrial/Warehouse, supporting uses such as warehouse operations, light manufacturing, and mini storage.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1961
Total area
19,420 SF
Lot
14.67 ac (639,025 SF)
Zoning code
I1
APN
03-A-003-0-00-015-0
UPID
US66-1890259
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$400k
Owner & transaction history
since 2024
Last sale
$400,000
3 recorded transactions
Zoning & alternative use
I1 · Perry, OH
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$400k
Value range
$360k – $440k
±10% around blend
Estimated value / SF
$21 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$360k
blend $400k
$440k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,420 SF
Lot area
14.67 ac
Year built
1961
Stories
1
APN
03-A-003-0-00-015-0
Zoning
I1
Assessed value
$59,020
Annual tax
$4,814
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$400k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 115 sales
$44
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $21/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$400k
Move the market yield to see immediate price impact.
Value / SF
$21
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$25k
$504k
$360k
$280k
$28k
$560k
$400k
$311k
$31k
$616k
$440k
$342k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,814
Tax year 2023
Assessed value
$59,020
Assessed 2023
Previous assessed
$59,020
+0.0% YoY
Effective rate
8.16%
On assessed value
Assessed land
$19,460
Assessed improvement
$39,560
Land market value
$55,600
Improvement market value
$113,030
Total market value
$168,630
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1961
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
19,420 SF
Lot
14.67 ac (639,025 SF)
Zoning code
I1
APN
03-A-003-0-00-015-0
UPID
US66-1890259
Jurisdiction
LAKE
Zoning & alternative use
I1 · Perry, OHZoning I1 · permitted uses
I1 · Perry, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
14.67 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1
Jurisdiction
Perry, OH
Recorded code
I1
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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