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Property profile & analytics
OFF-MARKET
Estimated value
$5,035,000
Apartment buildings
8160 Sunset Ln, Sylvania, OH 43560-8800
Individually Owned
7-yr Hold
Property ID
US66-2385152
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2004
Total area
95,467 SF
Lot
7.65 ac (333,301 SF)
Zoning code
31-R3
APN
82-00189
UPID
US66-2385152
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
-
Mayberry Village Apartment Building Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.90M
Blend (final)
Blend
$5.04M
Owner & transaction history
Louisville Title Agcy For Nw P Tr · 7 yrs held
Louisville Title Agcy For Nw P Tr
since 2018
5 recorded transactions
Zoning & alternative use
31-R3 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.7M
+101.8%
Auto repair, garage
$7.0M
+82.3%
Retail stores
$6.8M
+76.0%
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
APARTMENT HOUSE (5+ UNITS)
$3,835,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$7,740,000
Change: +102% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,990,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$6,750,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,160,000
Change: +61% · Conversion: Moderate
OFFICE BUILDING
$6,125,000
Change: +60% · Conversion: Moderate
Blend value · Realmo final
$5.04M
Range $4.53M – $5.54M · ±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
$53 / 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
$129,738
Tax year 2023
Assessed value
$1,756,405
Assessed 2023
Previous assessed
$1,756,405
+0.0% YoY
Effective rate
7.39%
On assessed value
Assessed land
$228,410
Assessed improvement
$1,527,995
Land market value
$652,600
Improvement market value
$4,365,700
Total market value
$5,018,300
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Total area
95,467 SF
Lot
7.65 ac (333,301 SF)
Zoning code
31-R3
APN
82-00189
UPID
US66-2385152
Jurisdiction
LUCAS
Zoning & alternative use
31-R3 · Sylvania, OH
Zoning 31-R3 · permitted uses
31-R3 · Sylvania, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylvania. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$7.0M
RETAIL STORES
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.2M
OFFICE BUILDING
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
2004
Heating
NONE
Stories
1
Lot
7.65 ac
Current owner
From public records · entity-resolved
Louisville Title Agcy For Nw P Tr
Individual
Mailing address
626 MADISON AVE, TOLEDO, OH 43604-1123
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2019
—
Louisville Title Agcy Of Nw Oh
—
Loan Modification
related
$11,819,011 · First Fed'l Bk/midwest
Feb 8, 2019
—
N W Ohio INC
—
Grant Deed
related
$1,400,000 · First Fed'l Bk/the Midwest
Dec 21, 2018
—
Louisville Title Agcy For Nw P Tr
Cc-hoj LLC
Quit Claim Deed
related
—
Oct 25, 2018
—
Sde Properties LLC
Louisville Title Agcy Of Nw Oh In
Quit Claim Deed
related
—
Aug 22, 2013
—
Louisville Title Agcy Of Nw Ohio Tr
—
Deed Of Trust
related
$6,000,000 · First Fed'l Bk/the Midwest
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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