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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
7135 Sylvania Ave Sylvania, OH 43560-5510
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-1179106
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
7,554 SF
Lot
1.08 ac (46,968 SF)
Zoning code
31-B1
APN
82-06008
UPID
US66-1179106
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
-
Mercy Health - Olander Family Medicine Medical Clinic
-
Crystal Josett Luke Pediatrician Physician
-
Identago Government Office
-
Dr. Tara Bingle Dental Office
-
Steven T. Pierzchala, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$715k
Owner & transaction history
Highpoint Services LLC · 7 yrs held
Highpoint Services LLC
since 2019
2 recorded transactions
Zoning & alternative use
31-B1 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+124.2%
Medical building
$765,000
+57.8%
Neighborhood: shopping center
$610,000
+26.4%
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 Sylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvania 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$485,000
Current use
RESTAURANT
$1,085,000
Change: +124% · Conversion: Moderate
MEDICAL BUILDING
$765,000
Change: +58% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$535,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$485,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$95 / 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
$21,699
Tax year 2023
Assessed value
$217,910
Assessed 2023
Previous assessed
$217,910
+0.0% YoY
Effective rate
9.96%
On assessed value
Assessed land
$21,875
Assessed improvement
$196,035
Land market value
$62,500
Improvement market value
$560,100
Total market value
$622,600
Applied tax rate
82.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
7,554 SF
Lot
1.08 ac (46,968 SF)
Zoning code
31-B1
APN
82-06008
UPID
US66-1179106
Jurisdiction
LUCAS
Zoning & alternative use
31-B1 · Sylvania, OHZoning 31-B1 · permitted uses
31-B1 · Sylvania, OH
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
OFFICE BUILDING Current
Est. value
$485,000
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$555,000
RETAIL STORES
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$485,000
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
1999
Heating
NONE
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Highpoint Services LLC
Entity
Mailing address
7135 SYLVANIA AVE STE #1, SYLVANIA, OH 43560-5510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2019
$622,500
Highpoint Services LLC
Phase IV Development Ltd
Warranty Deed
$426,000 · Fifth Third Bank
Jan 8, 2019
$629,000
Zellk LLC
Forestview Suites Ltd
Warranty Deed
$509,000 · Signature Bank NA
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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