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Property profile & analytics
OFF-MARKET
Estimated value
$1,765,000
Office buildings
801 Washington St Medina, OH 44256-3335
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2138592
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Total area
13,886 SF
Lot
7.09 ac (308,840 SF)
APN
028-19B-22-163
UPID
US66-2138592
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
-
Century Insurance Agency Medina Insurance Agency
-
Candice Kordich Foster Care Service Social Service Agency
-
Jason Davis Counselor Psychologist
-
Dr. Aditi Sheth Physician
-
Susan Fetzer Registered General Nurse
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.77M
Owner & transaction history
Mrr Properties 2 LLC · 1 yrs held
Mrr Properties 2 LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+79.8%
Medical building
$2.3M
+53.5%
Retail stores
$2.0M
+31.2%
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
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
$1,515,000
Current use
RESTAURANT
$2,725,000
Change: +80% · Conversion: Moderate
MEDICAL BUILDING
$2,325,000
Change: +53% · Conversion: Easy
RETAIL STORES
$1,985,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,665,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,625,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,330,000
Change: -12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,215,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.77M
Range $1.59M – $1.94M · ±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
$127 / 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
$84,184
Tax year 2023
Assessed value
$1,442,660
Assessed 2023
Previous assessed
$1,442,660
+0.0% YoY
Effective rate
5.84%
On assessed value
Assessed land
$149,230
Assessed improvement
$1,293,430
Land market value
$426,360
Improvement market value
$3,695,500
Total market value
$4,121,860
Applied tax rate
28.0000
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
1991
Heating
YES
Cooling
YES
Stories
1
Rooms
7
Bathrooms
1
Total area
13,886 SF
Lot
7.09 ac (308,840 SF)
APN
028-19B-22-163
UPID
US66-2138592
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
OFFICE BUILDING Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (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
1991
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
7.09 ac
Current owner
From public records · entity-resolved
Mrr Properties 2 LLC
Entity
Mailing address
23 PUBLIC SQ STE #200, MEDINA, OH 44256-2274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Mrr Properties 2 LLC
Mrr Properties LLC
Deed
related
$9,300,000 · Westfield Bank Fsb
Jul 8, 2024
—
Mrr Properties LLC
—
Deed
related
$302,030 · Micheal Rose Revocable Trust
Oct 18, 2021
—
Autozone Development LLC
Mrr Properties LLC
Lease
—
Nov 30, 2017
—
Mrr Properties LLC
—
Grant Deed
related
$9,150,000 · First Knox Nat'l Bk
Sep 16, 2002
—
Michael Rose
—
Deed Of Trust
related
$1,000,000 · Firstmerit Bank NA
Dec 18, 1998
—
Michael R Rose
—
Deed Of Trust
related
$5,900,000 · Firstmerit Mortgage Corp
Mar 5, 1998
—
Michael R Rose
—
Deed Of Trust
related
$3,400,000 · Firstmerit 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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