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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Manufacturing properties
8261 Bancroft St, Toledo, OH 43617-1804
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-1508791
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1966
Total area
12,820 SF
Lot
1.24 ac (53,884 SF)
Zoning code
19-MX
APN
65-55895
UPID
US66-1508791
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
-
Toledo Machining, Inc. Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$710k
Owner & transaction history
Salkil Ents LLC · 18 yrs held
Salkil Ents LLC
since 2008
7 recorded transactions
Zoning & alternative use
19-MX · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$950,000
+138.9%
Auto repair, garage
$925,000
+132.7%
Neighborhood: shopping center
$905,000
+127.5%
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 Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo 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
MEDICAL BUILDING
$950,000
Change: +139% · Conversion: Difficult
AUTO REPAIR, GARAGE
$925,000
Change: +133% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$905,000
Change: +127% · Conversion: Difficult
RETAIL STORES
$830,000
Change: +109% · Conversion: Moderate
OFFICE BUILDING
$815,000
Change: +104% · Conversion: Difficult
COMMERCIAL (GENERAL)
$780,000
Change: +97% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$55 / 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
$11,912
Tax year 2023
Assessed value
$130,585
Assessed 2023
Previous assessed
$130,585
+0.0% YoY
Effective rate
9.12%
On assessed value
Assessed land
$13,685
Assessed improvement
$116,900
Land market value
$39,100
Improvement market value
$334,000
Total market value
$373,100
Applied tax rate
65.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1966
Heating
NONE
Stories
2
Total area
12,820 SF
Lot
1.24 ac (53,884 SF)
Zoning code
19-MX
APN
65-55895
UPID
US66-1508791
Jurisdiction
LUCAS
Zoning & alternative use
19-MX · Toledo, OH
Zoning 19-MX · permitted uses
19-MX · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$905,000
RETAIL STORES
Est. value
$830,000
OFFICE BUILDING
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$780,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (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
1966
Heating
NONE
Stories
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
Salkil Ents LLC
Entity
Mailing address
8261 W BANCROFT ST, TOLEDO, OH 43617-1804
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2016
—
Salkil Ents LLC
—
Deed
related
$340,000 · Union Bk
Jun 25, 2008
—
Salkil Ents LLC
Ide,j Warren
Warranty Deed
—
Jun 20, 2008
$232,500
Salikil Ents LLC
Ide,j Warren
Warranty Deed
—
Dec 27, 2005
—
J W Ide
Toledo Screw Products INC
Warranty Deed
—
Sep 12, 2005
$7,530
Board Of Lucas Cnty Ohio Commissi
Toledo Screw Products INC
Warranty Deed
—
—
—
Salkil Ents LLC
—
Deed Of Trust
related
$408,891 · Firstmerit Bank NA
—
—
Salkil Ents LLC
—
Deed Of Trust
related
$340,000 · Union Bk
—
—
Toledo Screw Products INC
—
Deed Of Trust
related
$160,000 · National City Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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