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Property profile & analytics
OFF-MARKET
Estimated value
$7,600,000
Manufacturing properties
661 Powell Ave Hartville, OH 44632-7800
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-5299024
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2018
Construction
BRICK
Total area
133,300 SF
Lot
30.63 ac (1,334,243 SF)
APN
10-013703
UPID
US66-5299024
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
-
Heritage Truck Equipment Auto Parts Store
-
J.A. Speras Equipment Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.93M
Comparable Approach
Comparable
$8.93M
Blend (final)
Blend
$7.60M
Owner & transaction history
Beacon Hill Investments LLC · 5 yrs held
Beacon Hill Investments LLC
since 2021
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.2M
+84.8%
Retail stores
$11.7M
+77.6%
Neighborhood: shopping center
$11.4M
+73.8%
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 Hartville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,505,000
6.5%
$6,930,000
7%
$6,435,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,575,000
Current use
MEDICAL BUILDING
$12,155,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$11,680,000
Change: +78% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$11,430,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,460,000
Change: +59% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,440,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$7.60M
Range $6.84M – $8.36M · ±10%
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
$57 / 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
$102,439
Tax year 2023
Assessed value
$1,688,620
Assessed 2023
Previous assessed
$1,688,620
+0.0% YoY
Effective rate
6.07%
On assessed value
Assessed land
$136,120
Assessed improvement
$1,552,500
Land market value
$388,900
Improvement market value
$4,435,700
Total market value
$4,824,600
Applied tax rate
200.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2018
Construction
BRICK
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Bathrooms
5
Total area
133,300 SF
Lot
30.63 ac (1,334,243 SF)
APN
10-013703
UPID
US66-5299024
Jurisdiction
STARK
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
INDUSTRIAL (GENERAL) Current
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$12.2M
RETAIL STORES
Est. value
$11.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.5M
COMMERCIAL (GENERAL)
Est. value
$7.4M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
2018
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
30.63 ac
Current owner
From public records · entity-resolved
Beacon Hill Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
661 POWELL AVE, HARTVILLE, OH 44632-7800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
May 4, 2021
$2,500
Beacon Hill Investments LLC
Ritenour Holdings LLC
Quit Claim Deed
related
—
Jul 25, 2019
—
Beacon Hill Investments LLC
—
Deed
related
$4,803,640 · Home Savings Bank
Dec 8, 2017
—
Beacon Hill Investments LLC
Village Of Hartville
Warranty Deed
$4,803,640 · Home Savings Bank
—
—
Beacon Hill Investments LLC
—
Deed Of Trust
related
$3,810,000 · Hcdc INC
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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