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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Manufacturing properties
959 Lk Rd Medina, OH 44256-2453
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-5929497
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1971
Total area
12,084 SF
Lot
5.21 ac (226,948 SF)
APN
028-19C-17-002
UPID
US66-5929497
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
-
Allfasteners Building Supply Construction Company
-
SafeSmart Access Factory Industrial Manufacturer
-
Titan Safety LLC Building Supply General Contractor
-
SafeSmart Aviation Cleveland Construction Company General Contractor
-
Allfasteners Safety Climb Systems Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$585k
Owner & transaction history
959 Lake Road LLC · 11 yrs held
959 Lake Road LLC
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$495,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$695,000
7%
$645,000
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$48 / 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
$31,187
Tax year 2023
Assessed value
$532,880
Assessed 2023
Previous assessed
$532,880
+0.0% YoY
Effective rate
5.85%
On assessed value
Assessed land
$106,570
Assessed improvement
$426,310
Land market value
$304,490
Improvement market value
$1,218,040
Total market value
$1,522,530
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1971
Heating
FLOOR/WALL FURNACE
Cooling
YES
Buildings
5
Stories
1
Total area
12,084 SF
Lot
5.21 ac (226,948 SF)
APN
028-19C-17-002
UPID
US66-5929497
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
Building & site characteristics
From public records
Year built
1971
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
5
Lot
5.21 ac
Current owner
From public records · entity-resolved
959 Lake Road LLC
Entity
Free & Clear · 11 yrs held
Mailing address
959 LK RD, MEDINA, OH 44256-2453
Ownership since
2015
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
Jan 11, 2023
—
959 Lake Road LLC
—
Deed
related
$1,272,425 · Pnc Bank NA
Dec 6, 2017
—
959 Lake Road LLC
—
Deed
related
$690,000 · Pnc Bank NA
Oct 18, 2017
—
959 Lake Road LLC
—
Deed
related
$1,100,000 · Pnc Bank NA
May 5, 2015
$1,450,000
959 Lake Road LLC
G & C Ents INC
Warranty Deed
—
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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