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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Manufacturing properties
850 Callendar Blvd Painesville, OH 44077-1218
Entity Owned
26-yr Hold
Free & Clear
Property ID
US66-2148641
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Total area
46,755 SF
Lot
4 ac (174,240 SF)
APN
11-B-064-A-00-014-0
UPID
US66-2148641
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
$2.77M
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$2.56M
Owner & transaction history
Ana Properties LLC · 26 yrs held
Ana Properties LLC
since 2000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+103.2%
Auto repair, garage
$3.9M
+92.1%
Medical building
$3.3M
+61.2%
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 Painesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Painesville 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%
$3,000,000
6.5%
$2,770,000
7%
$2,570,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,040,000
Current use
OFFICE BUILDING
$4,145,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,920,000
Change: +92% · Conversion: Easy
MEDICAL BUILDING
$3,290,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,835,000
Change: +39% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,645,000
Change: +30% · Conversion: Easy
RETAIL STORES
$1,805,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±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
$43,735
Tax year 2023
Assessed value
$538,070
Assessed 2023
Previous assessed
$538,070
+0.0% YoY
Effective rate
8.13%
On assessed value
Assessed land
$51,420
Assessed improvement
$486,650
Land market value
$146,920
Improvement market value
$1,390,440
Total market value
$1,537,360
Applied tax rate
11.0000
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
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
46,755 SF
Lot
4 ac (174,240 SF)
APN
11-B-064-A-00-014-0
UPID
US66-2148641
Jurisdiction
LAKE
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.6M
RETAIL STORES
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4 ac
Current owner
From public records · entity-resolved
Ana Properties LLC
Entity
Free & Clear · 26 yrs held
Mailing address
850 CALLENDAR BLVD, PAINESVILLE, OH 44077-1218
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Ana Properties LLC
—
Deed
related
$536,027 · The Huntington National Bank
Jan 5, 2000
—
Ana Properties LLC
Real Estate Exchange INC
Quit Claim Deed
related
—
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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