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Property profile & analytics
OFF-MARKET
Estimated value
$7,075,000
Office buildings
Harvest Ln Toledo, OH 43623
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2230995
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Total area
75,542 SF
Lot
4.38 ac (190,749 SF)
Zoning code
10-MX
APN
22-15812
UPID
US66-2230995
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
$4.67M
Blend (final)
Blend
$7.08M
Owner & transaction history
River Birch Residences LLC · 2 yrs held
River Birch Residences LLC
since 2024
5 recorded transactions
Zoning & alternative use
10-MX · Toledo, OH
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 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
Blend value · Realmo final
$7.08M
Range $6.37M – $7.78M · ±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
$94 / 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
$81,953
Tax year 2023
Assessed value
$856,555
Assessed 2023
Previous assessed
$856,555
+0.0% YoY
Effective rate
9.57%
On assessed value
Assessed land
$329,315
Assessed improvement
$527,240
Land market value
$940,900
Improvement market value
$1,506,400
Total market value
$2,447,300
Applied tax rate
22.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Heating
NONE
Stories
3
Total area
75,542 SF
Lot
4.38 ac (190,749 SF)
Zoning code
10-MX
APN
22-15812
UPID
US66-2230995
Jurisdiction
LUCAS
Zoning & alternative use
10-MX · Toledo, OH
Zoning 10-MX · permitted uses
10-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.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
3
Lot
4.38 ac
Current owner
From public records · entity-resolved
River Birch Residences LLC
Entity
Mailing address
11214 S WESTERN AVE, CHICAGO, IL 60643-4158
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
—
River Birch Residences LLC
—
Deed
related
$14,210,000 · Lakeside Bank
May 17, 2024
—
River Birch Residences LLC
—
Deed
related
$24,372,378 · Lakeside Bank
May 16, 2024
—
River Birch Residences LLC
Harvest Square Ltd
Warranty Deed
$24,372,378 · Lakeside Bank
Nov 6, 2023
—
Harvest Square Ltd
—
Deed
related
$1,490,000 · First Merchants Bank
Dec 7, 2021
—
Harvest Square Ltd
—
Deed
related
$8,136,971 · First Merchants 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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