Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,400,000
Grocery and convenience stores
550 Aurora Rd Northfield, OH 44067-2108
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1387480
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1975
Total area
50,232 SF
Lot
4.27 ac (186,088 SF)
APN
45-00365
UPID
US66-1387480
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
$7.40M
CAP Approach
CAP
$4.90M
Comparable Approach
Comparable
$4.75M
Blend (final)
Blend
$7.40M
Owner & transaction history
Washco Tristate Plaza LLC · 2 yrs held
Washco Tristate Plaza LLC
since 2024
Last sale
$7.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+89.7%
Auto repair, garage
$5.0M
+69.4%
Medical building
$4.7M
+59.5%
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 Northfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northfield 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
$7,400,000
ML approach
$7,400,000
CAP Approach
CAP Return
Estimation
6%
$5,305,000
6.5%
$4,895,000
7%
$4,545,000
Alternative Use
Use
Estimation
RESTAURANT
$5,595,000
Change: +90% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,995,000
Change: +69% · Conversion: Difficult
MEDICAL BUILDING
$4,705,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,695,000
Change: +59% · Conversion: Moderate
Blend value · Realmo final
$7.40M
Range $6.66M – $8.14M · ±10% · vs last sale $7.40M (Mar 5 2024)
Last sale anchor
$7.40M
Mar 5 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
$147 / 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
$97,480
Tax year 2023
Assessed value
$1,387,990
Assessed 2023
Previous assessed
$1,387,990
+0.0% YoY
Effective rate
7.02%
On assessed value
Assessed land
$71,090
Assessed improvement
$1,316,900
Land market value
$203,120
Improvement market value
$3,762,580
Total market value
$3,965,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
50,232 SF
Lot
4.27 ac (186,088 SF)
APN
45-00365
UPID
US66-1387480
Jurisdiction
SUMMIT
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
RESTAURANT
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
4.27 ac
Current owner
From public records · entity-resolved
Washco Tristate Plaza LLC
Entity
Mailing address
231 MARKET ST, JOHNSTOWN, PA 15901-2910
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
Mar 5, 2024
$7,400,000
Washco Tristate Plaza LLC
Sagamore Me LLC
Limited Warranty Deed
$5,500,000 · Standard Insurance Co
Jan 7, 2022
$5,980,000
Sagamore Me LLC
Sagamore Square Enterprises Ltd
Limited Warranty Deed
—
Sep 5, 2014
$11,366
State Of Ohio
Sagamore Square Ents Ltd
Grant Deed
—
Aug 9, 2011
—
Sagamore Square Ents Ltd
—
Deed Of Trust
related
$5,100,000 · Thrivent Financial For Luthera
Jan 3, 2007
$8,700,000
Sagamore Square Ents Ltd
Sagamore Square Associates LLC
Deed Of Trust
$2,000,000 · Sagamore Square Associates LLC
—
—
Sagamore Square Ents Ltd
—
Deed Of Trust
related
$400,000 · Sagamore Square Associates LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 550 Aurora Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
