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Property profile & analytics
OFF-MARKET
Warehouses
6965 State Rte 235th N, Russells Point, OH 43348
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-4942063
Property summary
AI-generated overview
This exceptional special-purpose property, located at 6965 State Route 235, offers approximately 600 square feet of outdoor storage space. Situated just three miles outside of Russell's Point in Washington Township, this single-tenant facility enjoys a highly convenient location directly across from Honda Transmission, offering excellent visibility and accessibility. The property is ideal for various uses, particularly salt storage or the storage of outdoor equipment. The lot size is not specified. The property features a one-year minimum lease term. Tenant responsibilities include snow removal and trash removal, ensuring a clean and well-maintained property. Landlord responsibilities are limited to providing electricity. The property's APN is 51-045-00-00-010-003, and its cross street is SR 235. This presents a unique opportunity for businesses seeking secure and easily accessible outdoor storage solutions in a prime location with excellent proximity to major employers. The property is ready for immediate occupancy. This is a single-suite building.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Total area
5,400 SF
Lot
39.97 ac (1,740,963 SF)
APN
51-045-00-00-010-003
UPID
US66-4942063
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
Community Storage And Properties Lt · 1 yrs held
Community Storage And Properties Lt
since 2024
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 Russells Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Russells Point 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
$24,738
Tax year 2023
Assessed value
$548,410
Assessed 2023
Previous assessed
$415,310
+32.0% YoY
Effective rate
4.51%
On assessed value
Assessed land
$58,140
Assessed improvement
$490,270
Land market value
$166,120
Improvement market value
$1,400,770
Total market value
$1,566,890
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
CENTRAL
Cooling
CENTRAL
Buildings
9
Stories
1
Units
1
Total area
5,400 SF
Lot
39.97 ac (1,740,963 SF)
APN
51-045-00-00-010-003
UPID
US66-4942063
Jurisdiction
LOGAN
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
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
9
Units
1
Lot
39.97 ac
Current owner
From public records · entity-resolved
Community Storage And Properties Lt
Entity
Mailing address
PO BOX 151, HUNTSVILLE, OH 43324-0151
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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 24, 2024
—
Community Storage And Properties Lt
—
Deed
related
$500,000 · United States Small Business Admin
Aug 3, 2020
—
Community Storage And Properties Lt
—
Deed
related
$821,000 · Citizens Fsla
Mar 30, 2017
—
Community Storage And Properties Lt
—
Deed
related
$850,000 · Citizens Fsla
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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