Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Theaters & concert halls
7000 Kalahari Dr Sandusky, OH 44870-8628
Entity Owned
Free & Clear
Property ID
US66-0735920
Property profile
Verified
Property type
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Year built
2011
Total area
39,530 SF
Lot
40.89 ac (1,780,972 SF)
APN
39-00512-000
UPID
US66-0735920
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
-
Zakanaka Kalahari Resorts Shop (Bike/Boat/Book/etc) Store
-
Safari Outdoor Adventure Park Adventure Sports High Ropes Course
-
Kalahari Candy Hut Specialty Food Shop Candy Store
-
Kalahari Resorts Indoor Waterpark - Sandusky, OH Water Park
-
Kalahari Miniature Golf Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Lmn Kondo Dev Spe LLC
Lmn Kondo Dev Spe LLC
since 2026
7 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 Sandusky submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandusky 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$14 / 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
$220,614
Tax year 2023
Assessed value
$7,160,726
Assessed 2023
Previous assessed
$7,160,726
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$831,295
Assessed improvement
$6,329,431
Land market value
$2,375,130
Improvement market value
$18,084,090
Total market value
$20,459,220
Applied tax rate
39.0000
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
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Status
Off-Market
Year built
2011
Heating
YES
Cooling
YES
Buildings
7
Stories
1
Total area
39,530 SF
Lot
40.89 ac (1,780,972 SF)
APN
39-00512-000
UPID
US66-0735920
Jurisdiction
ERIE
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
2011
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Lot
40.89 ac
Current owner
From public records · entity-resolved
Lmn Kondo Dev Spe LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 590, WISCONSIN DELLS, WI 53965-0590
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
46 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
$560,000
Lmn Kondo Dev Spe LLC
The David A And Caolyn Rae Fait Tru
Corporation Deed
—
Jan 30, 2026
$560,000
Lmn Kondo Dev Spe LLC
Randal K Butcher
Corporation Deed
—
Dec 29, 2025
$560,000
Lmn Kondo Dev Spe LLC
Michael J Schlicht
Corporation Deed
—
Dec 23, 2025
—
Roger Franklin
Rb Real Estate Investments LLC
Corporation Deed
—
Dec 23, 2025
$560,000
Lmn Kondo Dev Spe LLC
Roger Franklin
Corporation Deed
—
Dec 9, 2025
$560,000
Lmn Kondo Dev Spe LLC
Dnr Investments LLC
Corporation Deed
—
Dec 8, 2025
$560,000
Lmn Kondo Dev Spe LLC
Duvoors LLC
Corporation Deed
—
Nov 12, 2025
—
Howard And Victoria Weatherwax Jint
Howard B Weatherwax
Deed
related
—
Sep 22, 2025
—
Patricia M Vesper
—
Deed
related
$282,029 · Baraboo State Bank
Aug 29, 2025
$560,000
Lmn Kondo Dev Spe LLC
Joseph J Caizzo
Corporation Deed
—
Aug 21, 2025
—
Goblin Trading Company Ltd
Clifford Winkel
Warranty Deed
—
Jul 7, 2025
—
Dena Kay Butcher
Randal K Butcher
Deed
related
—
May 13, 2025
—
Joseph J Caizzo
Caizzo Enterprises LLC
Warranty Deed
—
Apr 30, 2025
$567,500
Imking LLC
Mary L Bleile Baltes
Warranty Deed
$567,500 · Bank Of Wisconsin Dells
Dec 6, 2024
$560,000
Peeec LLC
Rodney J Ripley
Corporation Deed
$448,000 · Baraboo State Bank
Aug 30, 2024
$560,000
Lmn Kondo Dev Spe LLC
Pizza Pub Of Wisconsin Dells LLC
Corporation Deed
—
Aug 30, 2024
$565,000
Peeec LLC
Rodney J Ripley
Corporation Deed
$452,000 · Baraboo State Bank
Apr 15, 2024
$574,000
Best Bet Investments LLC
Dana G Hammer
Corporation Deed
$582,640 · Elena Boles
Nov 9, 2023
—
Terry Austin
Patricia Vesper
Deed
—
Oct 11, 2023
—
Trisha Vesper
Thomas Alan Vesper
Deed
related
—
May 1, 2023
$565,000
Brian Benjamin Pierce
Rcd Properties LLC
Deed
$560,000 · Baraboo State Bank
Sep 22, 2021
—
Donald Scott French
Donald Scott French
Deed
related
$336,700 · Vibrant Cu
May 6, 2021
—
Donald M White
—
Deed
related
$670,807 · Prevail Bank
May 26, 2020
—
Sponem Properties LLC
—
Deed
related
$262,763 · Community First Credit Union Of Florida
Oct 25, 2019
—
Caizzo Ents LLC
Caizzo Joseph J Trust
Quitclaim Deed
related
—
Sep 9, 2019
—
Rcd Properties LLC
—
Deed
related
$600,221 · Us Bk
Aug 12, 2019
—
Rodney J Ripley
—
Deed
related
$315,000 · Summit Cu
Apr 5, 2019
—
Dnr Investments LLC
Conne,david
Warranty Deed
—
Sep 17, 2018
$555,000
Clifford Winkel
Cerri,donald R & Christine I
Grant Deed
$416,250 · Bank Of Wisconsin Dells
Aug 31, 2018
$550,000
Samman Medical INC
Miza & Elvis Investments LLC
Corporation Deed
$545,000 · Community First Bank
Aug 23, 2018
—
French,donald S Trust
—
Deed
related
$385,000 · Mwa Bk
Aug 7, 2018
—
Sponem Properties LLC
—
Deed
related
$271,868 · Community 1st Cu
Mar 30, 2018
—
Christina M Schuman
Schuman,kenneth A
Quitclaim Deed
related
—
Mar 26, 2018
—
Rb Real-estate Investments LLC
Franklin,roger L JR & Hope J
Grant Deed
related
—
Mar 7, 2018
—
Christina M Schuman
—
Deed
related
$311,100 · Geauga Savings Bank
Aug 4, 2017
—
Donald Scott French
—
Deed
related
$380,000 · Mwabank
Jan 30, 2017
—
David A Fait
—
Deed
related
$749,900 · Baraboo Nat'l Bk
Jan 18, 2017
$250,000
Michael J Schlicht
Zeman,brad & Kari
Grant Deed
—
Jan 18, 2017
—
Michael J Schlicht
Schlicht,michael J & Anneke
Quitclaim Deed
related
$351,000 · Us Bk
Oct 19, 2016
$545,000
Faralene G Nelson
Breckenridge Condominium Property L
Corporation Deed
$244,000 · Summit Cu
Jun 27, 2016
—
Rodney J Ripley
—
Deed
related
$650,000 · Summit Credit Unionstate Chart
Nov 14, 2013
—
Lmn Dev Spe LLC
Lmn Development LLC
Quit Claim Deed
—
Sep 25, 2013
—
Nelson Oh Land Holdings LLC
Lmn Dev LLC
Warranty Deed
—
Mar 3, 2004
$1,103,842
Lmn Development LLC
Barnes Trust Sharon L
Grant Deed
—
—
—
Lmn Kondominium Dev LLC
—
Deed Of Trust
related
$66,150,325 · Bank Of Wisconsin Dells
—
—
Lmn Dev LLC
—
Deed Of Trust
related
$66,150,325 · Bank Of Wisconsin Dells
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7000 Kalahari Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
