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Property profile & analytics
OFF-MARKET
Estimated value
$8,720,000
Warehouses
6305 Fairfield Dr Northwood, OH 43619-7508
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-1150496
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
123,975 SF
Lot
6.03 ac (262,667 SF)
APN
M51-300-8204-05-003.000
UPID
US66-1150496
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
$10.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.56M
Blend (final)
Blend
$8.72M
Owner & transaction history
Olp 6305 Northwood Oh LLC · 3 yrs held
Olp 6305 Northwood Oh LLC
since 2022
Last sale
$8.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.2M
+107.7%
Auto repair, garage
$8.9M
+102.3%
Neighborhood: shopping center
$8.7M
+97.8%
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 Northwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northwood 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
$11,415,000
ML approach
$10,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,185,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,945,000
Change: +102% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,745,000
Change: +98% · Conversion: Moderate
RETAIL STORES
$8,050,000
Change: +82% · Conversion: Moderate
OFFICE BUILDING
$7,860,000
Change: +78% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,555,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$8.72M
Range $7.85M – $9.59M · ±10% · vs last sale $8.32M (Nov 28 2022)
Last sale anchor
$8.32M
Nov 28 2022
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
$70 / 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
$180,643
Tax year 2023
Assessed value
$2,604,180
Assessed 2023
Previous assessed
$1,403,160
+85.6% YoY
Effective rate
6.94%
On assessed value
Assessed land
$84,420
Assessed improvement
$2,519,760
Land market value
$241,200
Improvement market value
$7,199,300
Total market value
$7,440,500
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
2001
Heating
NONE
Stories
1
Total area
123,975 SF
Lot
6.03 ac (262,667 SF)
APN
M51-300-8204-05-003.000
UPID
US66-1150496
Jurisdiction
WOOD
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
MEDICAL BUILDING
Est. value
$9.2M
AUTO REPAIR, GARAGE
Est. value
$8.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
RETAIL STORES
Est. value
$8.1M
OFFICE BUILDING
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.6M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2001
Heating
NONE
Stories
1
Lot
6.03 ac
Current owner
From public records · entity-resolved
Olp 6305 Northwood Oh LLC
Entity
Mailing address
60 CUTTERMILL RD STE #303, GREAT NECK, NY 11021-3104
Ownership since
2022
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
Nov 28, 2022
$8,320,000
Olp 6305 Northwood Oh LLC
6305 Fairfield Drive Ltd
Limited Warranty Deed
$6,500,000 · Rga Reinsurance Company
Jan 27, 2020
—
6057 Fairfield Dr LLC
—
Deed
related
$6,500,000 · Miscellaneous Ins Co
Dec 28, 2000
—
6305 Fairfield Drive Ltd
Miller Valentine Of Toledo Ltd
Warranty Deed
$3,750,000 · Huntington Nat'l Bk/fl
—
—
6057 Fairfield Dr LLC
—
Deed Of Trust
related
$6,500,000 · Miscellaneous Ins Co
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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