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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Automotive properties
8650 Central Ave Sylvania, OH 43560-8708
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US66-1679514
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2001
Total area
11,626 SF
Lot
5.51 ac (239,885 SF)
Zoning code
20-C2
APN
78-28895
UPID
US66-1679514
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
$1.05M
Blend (final)
Blend
$980k
Owner & transaction history
Midwest Financial Services LLC · 15 yrs held
Midwest Financial Services LLC
since 2011
4 recorded transactions
Zoning & alternative use
20-C2 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+38.3%
Neighborhood: shopping center
$945,000
+10.8%
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
AUTO REPAIR, GARAGE
$850,000
Current use
MEDICAL BUILDING
$1,175,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$945,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$820,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$750,000
Change: -12% · Conversion: Moderate
OFFICE BUILDING
$745,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$84 / 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
$18,133
Tax year 2023
Assessed value
$163,940
Assessed 2023
Previous assessed
$163,940
+0.0% YoY
Effective rate
11.06%
On assessed value
Assessed land
$136,290
Assessed improvement
$27,650
Land market value
$389,400
Improvement market value
$79,000
Total market value
$468,400
Applied tax rate
78.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
11,626 SF
Lot
5.51 ac (239,885 SF)
Zoning code
20-C2
APN
78-28895
UPID
US66-1679514
Jurisdiction
LUCAS
Zoning & alternative use
20-C2 · Sylvania, OHZoning 20-C2 · permitted uses
20-C2 · Sylvania, OH
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
AUTO REPAIR, GARAGE Current
Est. value
$850,000
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$945,000
RETAIL STORES
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$750,000
OFFICE BUILDING
Est. value
$745,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Heating
NONE
Stories
1
Lot
5.51 ac
Current owner
From public records · entity-resolved
Midwest Financial Services LLC
Entity
Mailing address
5272 MONROE ST, TOLEDO, OH 43623-3140
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2011
$425,000
Midwest Financial Services LLC
Re Services 25 LLC
Warranty Deed
—
May 27, 2011
$42,500
Midwest Financial Services
R E Services No 25 LLC
Grant Deed
related
—
Dec 21, 2004
$302,500
Re Services 25 LLC
Central Acres LLC
Warranty Deed
$891,000 · First American Exchange Co LLC
—
—
Midwest Financial Services LLC
—
Deed Of Trust
related
$340,000 · Fifth Third 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.
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