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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
6953 Mcnerney Dr Northwood, OH 43619-1080
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-6175818
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
4,800 SF
Lot
1.57 ac (68,389 SF)
APN
M50-812-3100-00-061.000
UPID
US66-6175818
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
$715k
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$515k
Owner & transaction history
Mcnerney LLC · 3 yrs held
Mcnerney LLC
since 2022
Last sale
$519,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$355,000
+16.9%
Auto repair, garage
$345,000
+13.8%
Neighborhood: shopping center
$340,000
+11.3%
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
$710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$355,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$345,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$340,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$310,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $519k (Sep 12 2022)
Last sale anchor
$519k
Sep 12 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
$107 / 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
$13,093
Tax year 2023
Assessed value
$164,120
Assessed 2023
Previous assessed
$127,050
+29.2% YoY
Effective rate
7.98%
On assessed value
Assessed land
$32,970
Assessed improvement
$131,150
Land market value
$94,200
Improvement market value
$374,700
Total market value
$468,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Heating
NONE
Buildings
2
Stories
1
Total area
4,800 SF
Lot
1.57 ac (68,389 SF)
APN
M50-812-3100-00-061.000
UPID
US66-6175818
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
$355,000
AUTO REPAIR, GARAGE
Est. value
$345,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$340,000
RETAIL STORES
Est. value
$310,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1995
Heating
NONE
Stories
1
Buildings
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Mcnerney LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11653 ADIE RD, MARYLAND HEIGHTS, MO 63043-3509
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
—
Mcnerney LLC
—
Deed
related
$572,000 · Busey Bank
Sep 12, 2022
$519,000
Mcnerney LLC
Trike Investments Ltd
Warranty Deed
—
Apr 22, 2013
—
Trike Investments Ltd
Jiace Investments Ltd
Warranty Deed
—
Jul 24, 2009
$360,000
Jiace Investments Ltd
Tamlyn & White LLC
Grant Deed
—
Apr 8, 2003
$345,000
Tamlyn & White LLC
C & T Building
Warranty Deed
$384,000 · National Cty Bk
—
—
Tamlyn & White LLC
—
Deed Of Trust
related
$18,000 · National City Bank
—
—
C & T Building Co
—
Deed Of Trust
related
$145,000 · Huntington Nat'l Bk/fl
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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