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Property profile & analytics
OFF-MARKET
Estimated value
$5,920,000
Grocery and convenience stores
7545 Sylvania Ave Sylvania, OH 43560-9735
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-2806016
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Total area
92,731 SF
Lot
7.8 ac (339,872 SF)
Zoning code
31-B2
APN
82-05979
UPID
US66-2806016
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
-
Progressive Wellness Medical Office Building Medical Clinic
-
Kroger Floral Department (Bike/Boat/Book/etc) Store Florist
-
Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Kiosk
-
SNOWFOX Restaurant
-
Ria Money Transfer - Kroger Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.62M
Blend (final)
Blend
$5.92M
Owner & transaction history
KROGER CO AN OHIO CORPORATION
KROGER CO AN OHIO CORPORATION
Zoning & alternative use
31-B2 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.4M
+43.1%
Neighborhood: shopping center
$7.5M
+14.7%
Auto repair, garage
$6.8M
+3.5%
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 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
RETAIL STORES
$6,555,000
Current use
MEDICAL BUILDING
$9,385,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,520,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,790,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,985,000
Change: -9% · Conversion: Easy
OFFICE BUILDING
$5,950,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$5.92M
Range $5.33M – $6.51M · ±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
$64 / 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
$154,302
Tax year 2023
Assessed value
$1,561,595
Assessed 2023
Previous assessed
$1,561,595
+0.0% YoY
Effective rate
9.88%
On assessed value
Assessed land
$305,760
Assessed improvement
$1,255,835
Land market value
$873,600
Improvement market value
$3,588,100
Total market value
$4,461,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Total area
92,731 SF
Lot
7.8 ac (339,872 SF)
Zoning code
31-B2
APN
82-05979
UPID
US66-2806016
Jurisdiction
LUCAS
Zoning & alternative use
31-B2 · Sylvania, OHZoning 31-B2 · permitted uses
31-B2 · 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
RETAIL STORES Current
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$9.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.0M
OFFICE BUILDING
Est. value
$6.0M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2000
Heating
NONE
Stories
1
Lot
7.8 ac
Current owner
From public records · entity-resolved
KROGER CO AN OHIO CORPORATION
Individual
Free & Clear · 0 yrs held
Mailing address
1014 VINE ST, CINCINNATI, OH 45202-1141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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