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Property profile & analytics
OFF-MARKET
Estimated value
$6,765,000
Retail space
5622 Smt St Sylvania, OH 43560
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-0228382
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
12,204 SF
Lot
1.91 ac (83,403 SF)
Zoning code
31-B3
APN
82-11174
UPID
US66-0228382
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
$7.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.77M
Owner & transaction history
Kp Real Estate One LLC · 5 yrs held
Kp Real Estate One LLC
since 2020
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
31-B3 · Sylvania, 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 Sylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvania 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
$7,835,000
ML approach
$7,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.77M
Range $6.09M – $7.44M · ±10% · vs last sale $5.98M (Aug 3 2020)
Last sale anchor
$5.98M
Aug 3 2020
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
$554 / 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
$205,568
Tax year 2023
Assessed value
$2,097,795
Assessed 2023
Previous assessed
$2,097,795
+0.0% YoY
Effective rate
9.80%
On assessed value
Assessed land
$91,735
Assessed improvement
$2,006,060
Land market value
$262,100
Improvement market value
$5,731,600
Total market value
$5,993,700
Applied tax rate
82.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Heating
NONE
Stories
2
Total area
12,204 SF
Lot
1.91 ac (83,403 SF)
Zoning code
31-B3
APN
82-11174
UPID
US66-0228382
Jurisdiction
LUCAS
Zoning & alternative use
31-B3 · Sylvania, OH
Zoning 31-B3 · permitted uses
31-B3 · Sylvania, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylvania. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Stories
2
Lot
1.91 ac
Current owner
From public records · entity-resolved
Kp Real Estate One LLC
Entity
Mailing address
7305 S PEACH AVE, FOWLER, CA 93625-9622
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2021
—
Kp Real Estate One LLC
—
Deed
related
$19,124,000 · California Bank Of Commerce
Aug 3, 2020
$5,975,000
Kp Real Estate One LLC
Sylvania Ra Associates LLC
Limited Warranty Deed
$4,182,500 · University Cu
Apr 17, 2017
—
Sylvania Ra Associates LLC
—
Deed
related
$3,210,000 · Sandia Area FCU
Jun 22, 2012
$4,875,000
Sylvania Ra Associates LLC
Wxz Retail Group Of Pw Retail Gro
Grant Deed
$3,506,250 · Wells Fargo Bank
Mar 20, 2009
—
Zbierajewski Michael J Trust
Wfz Properties LLC
Quit Claim Deed
related
—
Mar 20, 2009
$425,000
Wxz Of Pw Retail Group/ms LLC
Wfz Properties LLC
Grant Deed
$4,325,000 · First Merit Bank
Mar 20, 2009
$770,000
Wxz Of Pw Retail Group/ms LLC
Zbierajewski,michael J
Warranty Deed
—
Mar 20, 2009
$330,000
Wxz Of Pw Retail Group/ms LLC
Zbierajewski,michael J
Grant 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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