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Property profile & analytics
OFF-MARKET
Warehouses
5700 58th St Ashtabula, OH 44004-7209
Individually Owned
Free & Clear
Property ID
US66-5224215
Property summary
AI-generated overview
This exceptional 22-acre commercial property in Ashtabula, Ohio, presents a unique investment opportunity. Located minutes from downtown, this fully operational business boasts over 29,000 square feet of indoor storage, including office areas tastefully remodeled in 2018. Originally a pallet manufacturing facility, it's now a versatile scrap recycling facility, transfer station, and trucking hub. The property includes two water-oil separators, a 14' x 70' truck scale, and extensive gravel parking. Additional features include an on-site fuel storage facility, indoor and outdoor loading docks, and multiple office spaces. Convenient Interstate 90 access and potential railway spur access enhance its strategic location. The property is well-suited for various industrial and commercial uses. A survey is pending, and the acreage and property lines are approximate. Some equipment is included
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
WOOD
Total area
4,896 SF
Lot
10.15 ac (442,265 SF)
APN
04-025-00-078-03
UPID
US66-5224215
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
-
Kanect Recycling Recycling Center Waste Management Facility
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
Donald E Andrus
Donald E Andrus
since 2025
Last sale
$100,000
3 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 Ashtabula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashtabula 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,215
Tax year 2023
Assessed value
$68,530
Assessed 2023
Previous assessed
$68,530
+0.0% YoY
Effective rate
7.61%
On assessed value
Assessed land
$14,210
Assessed improvement
$54,320
Land market value
$40,600
Improvement market value
$155,200
Total market value
$195,800
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
SPACE
Cooling
NONE
Buildings
2
Stories
1
Total area
4,896 SF
Lot
10.15 ac (442,265 SF)
APN
04-025-00-078-03
UPID
US66-5224215
Jurisdiction
ASHTABULA
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
1950
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
10.15 ac
Current owner
From public records · entity-resolved
Donald E Andrus
Individual
Free & Clear · 0 yrs held
Mailing address
1346 US HWY 6TH 6, LINESVILLE, PA 16424-6450
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2025
$208,426
Donald E Andrus
Kanect Holdings Company
Deed
related
—
Jan 15, 2021
—
Kanect Holdings Company
Kanect Holthngs Company
Intrafamily Transfer
related
$750,000 · Donald E Andrus Etal
Feb 1, 2018
$100,000
Kanect Holding Co LLC
Andrus,donald
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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