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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Auto shops
770 Progress Dr Medina, OH 44256-1368
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-1639905
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1995
Construction
TYPE NOT SPECIFIED
Total area
6,632 SF
Lot
1.78 ac (77,537 SF)
APN
029-19A-12-059
UPID
US66-1639905
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
-
Ohio E-Check Sustainability Organization
-
Ohio BMV Express Kiosk Department Of Motor Vehicles Kiosk
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$680k
Owner & transaction history
Fip Master Funding I LLC · 5 yrs held
Fip Master Funding I LLC
since 2020
Last sale
$650,669
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+43.1%
Retail stores
$950,000
+22.3%
Commercial (general)
$795,000
+2.4%
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 Medina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medina 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
$750,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$775,000
Current use
MEDICAL BUILDING
$1,110,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$950,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$725,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $651k (Nov 20 2020)
Last sale anchor
$651k
Nov 20 2020
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
$103 / 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
Assessed value
$238,270
Assessed 2023
Previous assessed
$238,270
+0.0% YoY
Assessed land
$31,580
Assessed improvement
$206,690
Land market value
$90,220
Improvement market value
$590,550
Total market value
$680,770
Applied tax rate
29.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
6,632 SF
Lot
1.78 ac (77,537 SF)
APN
029-19A-12-059
UPID
US66-1639905
Jurisdiction
MEDINA
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
AUTO REPAIR, GARAGE Current
Est. value
$775,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$795,000
OFFICE BUILDING
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$635,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1995
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Fip Master Funding I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2425 E CAMELBACK RD STE #700, PHOENIX, AZ 85016-4220
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Fip Master Funding LLC
—
Deed
related
$650,000 · Citibank NA
Nov 20, 2020
$650,700
Fip Master Funding I LLC
Envirotest Systems Corp
Grant Deed
—
Jan 20, 2006
—
Envirotest Systems Corp
Keating Ohio Dev
Warranty Deed
—
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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