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Property profile & analytics
OFF-MARKET
Commercial land
7915 Stitt Rd Waterville, OH 43566-9817
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-6052054
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
19.86 ac (865,014 SF)
Zoning code
17-RA
APN
38-14687
UPID
US66-6052054
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Parkside Fallen Timbers Ltd · 5 yrs held
Parkside Fallen Timbers Ltd
since 2020
6 recorded transactions
Zoning & alternative use
17-RA · Waterville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Waterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,490
Tax year 2023
Assessed value
$12,324
Assessed 2023
Previous assessed
$12,324
+0.0% YoY
Effective rate
36.43%
On assessed value
Assessed land
$12,324
Land market value
$35,210
Total market value
$35,210
Applied tax rate
38.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
19.86 ac (865,014 SF)
Zoning code
17-RA
APN
38-14687
UPID
US66-6052054
Jurisdiction
LUCAS
Zoning & alternative use
17-RA · Waterville, OH
Zoning 17-RA · permitted uses
17-RA · Waterville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
19.86 ac
Current owner
From public records · entity-resolved
Parkside Fallen Timbers Ltd
Individual
Mailing address
7711 TIMBERS BLVD, WATERVILLE, OH 43566-9791
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
$5,486
Parkside Fallen Timbers Ltd
Fallen Timbers Fairways Invest
Warranty Deed
$799,940 · Fallen Timbers Fairways Invtrs
May 29, 2020
—
Ronald J Romes
Seneca Builders LLC
Grant Deed
related
$374,205 · First Fed'l S&l/lakewood
Nov 21, 2019
—
Douglas J Rath
Fallen Timbers Fairways Inv
Warranty Deed
—
Jan 26, 2017
—
Fallen Timbers Fairways Invest
—
Deed
related
$25,000 · Vernon Nagle INC
Apr 28, 2015
—
Mhk Ltd
Fallen Timbers Fairways
Warranty Deed
related
$300,000 · Monroe Bk
—
—
Fallen Timbers Fairways Invest
—
Deed Of Trust
related
$25,000 · Vernon Nagle 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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