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Property profile & analytics
OFF-MARKET
Estimated value
$9,620,000
Office buildings
Clark Dr Perrysburg, OH 43551
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-1685824
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
67,506 SF
Lot
2.5 ac (108,900 SF)
APN
T68-300-3403-04-006.000
UPID
US66-1685824
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
$12.27M
Comparable Approach
Comparable
$10.61M
Blend (final)
Blend
$9.62M
Owner & transaction history
Lbc Property Investments LLC · 1 yrs held
Lbc Property Investments LLC
since 2024
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.8M
+74.8%
Commercial (general)
$8.5M
+7.7%
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 Perrysburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perrysburg 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%
$13,285,000
6.5%
$12,265,000
7%
$11,385,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,925,000
Current use
RESTAURANT
$13,845,000
Change: +75% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,530,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,925,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,960,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$6,750,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$9.62M
Range $8.66M – $10.58M · ±10% · vs last sale $9.00M (Sep 30 2024)
Last sale anchor
$9.00M
Sep 30 2024
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
$143 / 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
$198,824
Tax year 2023
Assessed value
$2,538,970
Assessed 2023
Previous assessed
$2,538,970
+0.0% YoY
Effective rate
7.83%
On assessed value
Assessed land
$285,880
Assessed improvement
$2,253,090
Land market value
$816,800
Improvement market value
$6,437,400
Total market value
$7,254,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Stories
4
Rooms
7
Bathrooms
1
Total area
67,506 SF
Lot
2.5 ac (108,900 SF)
APN
T68-300-3403-04-006.000
UPID
US66-1685824
Jurisdiction
WOOD
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
OFFICE BUILDING Current
Est. value
$7.9M
RESTAURANT
Est. value
$13.8M
COMMERCIAL (GENERAL)
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$7.9M
INDUSTRIAL (GENERAL)
Est. value
$7.0M
RETAIL STORES
Est. value
$6.8M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2007
Heating
FORCED AIR
Stories
4
Rooms
7
Bathrooms
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Lbc Property Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3200 OLYMPUS BLVD STE #400, COPPELL, TX 75019-6532
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
$9,000,000
Lbc Property Investments LLC
Essco S Hospitality LLC
Warranty Deed
—
Apr 17, 2024
—
Mcrt2toledo Tenant LLC
Mcrt2 Toledo LLC
Deed
$631,500,000 · Citi Real Estate Funding INC
Apr 3, 2023
$850,000
Lg Apt Oh Toledo Rossford LLC
Suemar Realty INC
Warranty Deed
—
Oct 18, 2018
—
Mcrt2 Toledo LLC
—
Grant Deed
related
$1,100,000,000 · Bank Of America
Sep 26, 2014
$11,311,800
Mcrt2 Toledo LLC
Northwest Ohio Hotel Ents Ltd
Grant Deed
$138,750,000 · General Elec Cap
Dec 17, 2007
—
Northwest Ohio Hotel Ents Ltd
—
Trustees Deed
related
$200,000 · Citizens Nat'l Bank Bluffton
Feb 28, 2007
$1,000,000
Northwest Ohio Hotel Ents Ltd
Golden Triangle Properties
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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