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Property profile & analytics
OFF-MARKET
Estimated value
$3,595,000
Manufacturing properties
5232 Tod SW Ave Warren, OH 44481-8727
Entity Owned
14-yr Hold
Free & Clear
Property ID
US66-2861596
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1950
Total area
43,466 SF
Lot
261.44 ac (11,388,226 SF)
APN
45-904722
UPID
US66-2861596
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
-
PTI QCS Warehouse & Storage
-
Production Packaging Inc Big Box & Wholesale Store
-
Triple M Truck Gate Warehouse & Storage
-
Custom Packing & Inspecting Business Related
-
R F Products Corporation Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$3.97M
Blend (final)
Blend
$3.60M
Owner & transaction history
Spirongo Lordstown LLC · 14 yrs held
Spirongo Lordstown LLC
since 2011
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.7M
+119.3%
Commercial (general)
$3.6M
+69.6%
Restaurant
$3.5M
+62.8%
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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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%
$2,975,000
6.5%
$2,750,000
7%
$2,550,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,655,000
Change: +119% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,600,000
Change: +70% · Conversion: Difficult
RESTAURANT
$3,455,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,200,000
Change: +51% · Conversion: Easy
OFFICE BUILDING
$2,625,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$2,480,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$3.60M
Range $3.24M – $3.95M · ±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
$83 / 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
$46,044
Tax year 2023
Assessed value
$959,460
Assessed 2023
Previous assessed
$801,050
+19.8% YoY
Effective rate
4.80%
On assessed value
Assessed land
$207,550
Assessed improvement
$751,910
Land market value
$593,000
Improvement market value
$2,148,300
Total market value
$2,741,300
Applied tax rate
45.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
7
Stories
1
Total area
43,466 SF
Lot
261.44 ac (11,388,226 SF)
APN
45-904722
UPID
US66-2861596
Jurisdiction
TRUMBULL
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
MEDICAL BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$3.6M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1950
Heating
NONE
Stories
1
Buildings
7
Lot
261.44 ac
Current owner
From public records · entity-resolved
Spirongo Lordstown LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 1080, WARREN, OH 44482-1080
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2011
—
Spirongo Lordstown LLC
Spirongo Lordstown LLC
Quit Claim Deed
related
—
—
—
Spirongo Lordstown LLC
—
Deed Of Trust
related
$5,000,000 · Farmers National Bank Canfield
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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