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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Refrigerated & Cold Storage
7176 State Rte 88 Ravenna, OH 44266-9189
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-1741996
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2003
Total area
48,000 SF
Lot
6.59 ac (286,930 SF)
APN
31-213-00-00-020-006
UPID
US66-1741996
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
$2.17M
Blend (final)
Blend
$2.23M
Owner & transaction history
D & A Ltd · 9 yrs held
D & A Ltd
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+108.6%
Apartment house (5+ units)
$3.7M
+106.1%
Commercial (general)
$3.4M
+91.1%
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 Ravenna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ravenna 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
WAREHOUSE, STORAGE
$1,770,000
Current use
AUTO REPAIR, GARAGE
$3,695,000
Change: +109% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,650,000
Change: +106% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,385,000
Change: +91% · Conversion: Difficult
RETAIL STORES
$1,980,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±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
$46 / 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
$42,945
Tax year 2023
Assessed value
$756,600
Assessed 2023
Previous assessed
$756,600
+0.0% YoY
Effective rate
5.68%
On assessed value
Assessed land
$65,910
Assessed improvement
$690,690
Land market value
$188,300
Improvement market value
$1,973,400
Total market value
$2,161,700
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
48,000 SF
Lot
6.59 ac (286,930 SF)
APN
31-213-00-00-020-006
UPID
US66-1741996
Jurisdiction
PORTAGE
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
WAREHOUSE, STORAGE Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.4M
RETAIL STORES
Est. value
$2.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
NONE
Stories
1
Lot
6.59 ac
Current owner
From public records · entity-resolved
D & A Ltd
Individual
Mailing address
7176 STATE RTE 88, RAVENNA, OH 44266-9189
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2016
$40,000
D & A Ltd
Stv Investments Ltd
Warranty Deed
$40,000 · Hometown Bk
Jul 5, 2005
$1,750,000
Stv Investments Ltd
State Route 88 Associates LLC
Grant Deed
$3,150,000 · Portage Community Bank
Apr 10, 2003
—
State Route 88 Associates LLC
Crowe,don & Deborah A
Grant Deed
$1,350,000 · Portage Community Bank
—
—
Stv Investments Co
—
Deed Of Trust
related
$698,282 · Portgage Community Bank
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$6,400,000 · Portage Cmnty Bk
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$250,000 · Neighborhood Dev Svcs
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$100,000 · Neighborhood Dev Svcs
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$490,000 · Miscellaneous Govt Agcy
—
—
Don Crowe
—
Deed Of Trust
related
$210,000 · Portage Community Bank
—
—
State Route 88 Associates LLC
—
Deed Of Trust
related
$300,000 · Portage Community Bank
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$658,360 · Portage Cmnty Bk
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$490,000 · Ravenna City (oh)
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$60,000 · Ravenna City (oh)
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$1,500,000 · Jobsohio
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$250,000 · Portage County
—
—
Stv Investments Ltd
—
Deed Of Trust
related
$250,000 · Neighborhood Dev Svcs INC
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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