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Property profile & analytics
OFF-MARKET
Estimated value
$4,935,000
Flex space
701 Ambrose Dr Delphos, OH 45833-9179
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1756753
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2003
Total area
78,571 SF
Lot
10 ac (435,600 SF)
APN
25-2000-03-009.000
UPID
US66-1756753
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
-
Vanamatic Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.97M
Comparable Approach
Comparable
$5.03M
Blend (final)
Blend
$4.94M
Owner & transaction history
Vanamatic Corporation · 4 yrs held
Vanamatic Corporation
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.7M
+69.8%
Commercial (general)
$5.6M
+66.3%
Office building
$5.5M
+62.5%
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 Delphos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delphos 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%
$5,380,000
6.5%
$4,965,000
7%
$4,610,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,370,000
Current use
RESTAURANT
$5,725,000
Change: +70% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,610,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$5,480,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$5,340,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,460,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,375,000
Change: +30% · Conversion: Easy
RETAIL STORES
$3,910,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$4.94M
Range $4.44M – $5.43M · ±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
$63 / 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
$70,402
Tax year 2023
Assessed value
$1,245,440
Assessed 2023
Previous assessed
$1,245,440
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$80,500
Assessed improvement
$1,164,940
Land market value
$230,000
Improvement market value
$3,328,400
Total market value
$3,558,400
Applied tax rate
204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2003
Heating
YES
Cooling
YES
Stories
1
Total area
78,571 SF
Lot
10 ac (435,600 SF)
APN
25-2000-03-009.000
UPID
US66-1756753
Jurisdiction
ALLEN
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
$3.4M
RESTAURANT
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.6M
OFFICE BUILDING
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RETAIL STORES
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2003
Heating
YES
Cooling
Yes
Stories
1
Lot
10 ac
Current owner
From public records · entity-resolved
Vanamatic Corporation
Entity
Mailing address
701 AMBROSE DR, DELPHOS, OH 45833-9179
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Vanamatic Corporation
—
Deed
related
$4,349,690 · Premier Bank
Dec 13, 2019
—
Vanamatic Co
—
Deed
related
$500,000 · First Fed'l Bk/the Midwest
Aug 5, 2019
—
Vanamatic Co
—
Deed
related
$1,811,925 · First Fed'l Bk/the Midwest
Sep 16, 2014
—
Vanamatic Co
—
Grant Deed
related
$3,358,303 · First Fed'l Bk/the Midwest
—
—
Vanamatic Co
—
Deed Of Trust
related
$2,774,655 · First Fed'l Bk/the Midwest
—
—
Vanamatic Co
—
Deed Of Trust
related
$1,811,925 · First Fed'l Bk/the Midwest
—
—
Vanamatic Co
—
Deed Of Trust
related
$500,000 · First Fed'l Bk/the Midwest
—
—
Vanamatic Co
—
Deed Of Trust
related
$3,011,977 · First Federal Bank Midwest
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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