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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Banks
5203 Hl Ave Toledo, OH 43615
Individually Owned
2-yr Hold
Free & Clear
Property ID
US66-0124482
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1978
Total area
2,865 SF
Lot
0.72 ac (31,410 SF)
Zoning code
10-CR
APN
13-21801
UPID
US66-0124482
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
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$850k
Owner & transaction history
Rent Apartment Ltd · 2 yrs held
Rent Apartment Ltd
since 2024
Last sale
$848,800
6 recorded transactions
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $849k (Apr 12 2024)
Last sale anchor
$849k
Apr 12 2024
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
$297 / 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
$24,706
Tax year 2023
Assessed value
$262,220
Assessed 2023
Previous assessed
$262,220
+0.0% YoY
Effective rate
9.42%
On assessed value
Assessed land
$53,235
Assessed improvement
$208,985
Land market value
$152,100
Improvement market value
$597,100
Total market value
$749,200
Applied tax rate
13.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
2,865 SF
Lot
0.72 ac (31,410 SF)
Zoning code
10-CR
APN
13-21801
UPID
US66-0124482
Jurisdiction
LUCAS
Zoning & alternative use
10-CR · Toledo, OH
Zoning 10-CR · permitted uses
10-CR · 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.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Rent Apartment Ltd
Individual
Free & Clear · 2 yrs held
Mailing address
6028 TRENT CT, LEWIS CENTER, OH 43035-7964
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
Rent Apartment Ltd
—
Deed
related
$636,000 · Buckeye State Bank
Apr 12, 2024
$848,800
Rent Apartment Ltd
Kyong Yum Ra
Warranty Deed
—
Dec 8, 2020
—
Dep Ransportation
Yum Ra K Trust
Grant Deed
related
—
Nov 17, 2014
$1,025,000
Yum Family Trust
Sylvania Asset Management LLC
Grant Deed
—
Jan 24, 2007
$565,000
Sylvania Asset Management LLC
Jerome Phillips
Warranty Deed
$480,250 · Sky Bank
Jul 11, 2006
—
Kalman Gold
Banco Ltd
Warranty Deed
—
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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