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Property profile & analytics
OFF-MARKET
Apartment buildings
6279 Wayland Rd Wayland, OH 44285
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-2293115
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1910
Construction
FRAME
Total area
3,120 SF
Lot
0.6 ac (26,136 SF)
APN
27-024-10-00-016
UPID
US66-2293115
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dependable Property Management Of O · 3 yrs held
Dependable Property Management Of O
since 2023
Last sale
$150,000
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 Wayland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayland 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
$2,171
Tax year 2023
Assessed value
$43,790
Assessed 2023
Previous assessed
$43,790
+0.0% YoY
Effective rate
4.96%
On assessed value
Assessed land
$4,480
Assessed improvement
$39,310
Land market value
$12,800
Improvement market value
$112,300
Total market value
$125,100
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
NONE
Stories
2
Rooms
8
Bathrooms
4
Total area
3,120 SF
Lot
0.6 ac (26,136 SF)
APN
27-024-10-00-016
UPID
US66-2293115
Jurisdiction
PORTAGE
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
1910
Construction
FRAME
Heating
NONE
Stories
2
Rooms
8
Bathrooms
4
Lot
0.6 ac
Current owner
From public records · entity-resolved
Dependable Property Management Of O
Entity
Free & Clear · 3 yrs held
Mailing address
10978 STATE RTE 44, MANTUA, OH 44255-9677
Ownership since
2023
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 17, 2023
$62,700
Dependable Property Management Of O
Sandra A Kosley
Sheriffs Deed
related
—
Apr 2, 2003
$150,000
Sandra A Kosley
Litsinger,corey D
Grant Deed
$120,000 · Geauga Savings Bank
Apr 2, 2003
$65,000
Corey D Litsinger
Suffecool,robert W & L A
Grant Deed
—
—
—
Sandra A Kosley
—
Loan Modification
related
$120,000 · Geauga Savings 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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