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Property profile & analytics
OFF-MARKET
Office Spaces
553 Pike St Morrow, OH 45152-1051
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2411953
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1959
Construction
BRICK
Total area
2,210 SF
Lot
0.24 ac (10,454 SF)
APN
13-13-478-011-0
UPID
US66-2411953
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
-
Morrow Dental Center- Dr. Anthony Philips, BSc, DDS & Dr. Ira Waspe, DDS Dental Office
-
Dr. Ira B. Waspe, DDS Dental Office
-
Morrow Dental Center Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Anthony Pio Philips Dds LLC · 2 yrs held
Anthony Pio Philips Dds LLC
since 2024
Last sale
$175,000
4 recorded transactions
Zoning & alternative use
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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,148
Tax year 2022
Assessed value
$47,250
Assessed 2023
Previous assessed
$47,250
+0.0% YoY
Effective rate
6.66%
On assessed value
Assessed land
$8,085
Assessed improvement
$39,165
Land market value
$23,100
Improvement market value
$111,900
Total market value
$135,000
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1959
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,210 SF
Lot
0.24 ac (10,454 SF)
APN
13-13-478-011-0
UPID
US66-2411953
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Anthony Pio Philips Dds LLC
Entity
Mailing address
553 W PIKE ST, MORROW, OH 45152-1051
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
$175,000
Anthony Pio Philips Dds LLC
Ira B Waspe
Warranty Deed
$140,000 · First Financial Bank
Jun 23, 2003
$58,900
Devon Group INC
Swart,galen R
Grant Deed
—
—
—
Ira B Waspe
—
Deed Of Trust
related
$138,750 · Peoples Community Bank
—
—
Ira B Stinger
—
Deed Of Trust
related
$122,000 · Peoples Community Bank
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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