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Property profile & analytics
OFF-MARKET
Warehouses
1189 Twp Rd, OH
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-3905629
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
60.13 ac (2,619,263 SF)
APN
39-001-0300.000
UPID
US66-3905629
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
501 South Point Oh Medical LLC · 1 yrs held
501 South Point Oh Medical LLC
since 2024
Last sale
$4.6M
7 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 Twp Rd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Twp Rd 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,754
Tax year 2023
Assessed value
$217,220
Assessed 2023
Previous assessed
$217,220
+0.0% YoY
Effective rate
3.57%
On assessed value
Assessed land
$162,570
Assessed improvement
$54,650
Land market value
$464,480
Improvement market value
$156,130
Total market value
$620,610
Applied tax rate
39.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
60.13 ac (2,619,263 SF)
APN
39-001-0300.000
UPID
US66-3905629
Jurisdiction
LAWRENCE
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
Heating
NONE
Lot
60.13 ac
Current owner
From public records · entity-resolved
501 South Point Oh Medical LLC
Entity
Free & Clear · 1 yrs held
Mailing address
41 N JEFFERSON ST STE #300, PENSACOLA, FL 32502-5681
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
$1,729,000
501 South Point Oh Medical LLC
Lawrence Economic Development Corpo
Deed
—
Jul 7, 2023
$245,000
The Point Investors LLC
Lawrence Economic Development Corp
Warranty Deed
$2,084,280 · First Horizon Bank
Mar 7, 2023
—
Lawrence Economic Development Corp
Lawrence Economic Development Corp
Intrafamily Transfer
related
—
Aug 18, 2020
$455,000
Barret Choice Ohio LLC
Lawrence Economic Dev Corp
Warranty Deed
—
Aug 4, 2020
—
Lawrence Economic Dev Corp
Lawrence Economic Dev Corp
Quit Claim Deed
related
—
May 10, 2013
$225,000
Huntland LLC
Lawrence Economic Dev Corp
Warranty Deed
—
May 25, 2011
—
Point Commerce LLC
Lawrence Economic Dev Corp
Grant Deed
—
Jan 5, 2006
$75,000
Kenneth R Mcguire
Lawrence Economic Development Corp
Warranty Deed
$60,000 · Branch Banking And Trust Co
—
—
Lawrence Economic Dev Corp
—
Deed Of Trust
related
$500,000 · Director/dev/state Of Ohio
—
—
Lawrence Economic Dev Corp
—
Deed Of Trust
related
$2,464,800 · Wesbanco Bk Cmnty Dev Corp
—
—
Lawrence Economic Dev Corp
—
Deed Of Trust
related
$1,844,000 · Director/the Ohio Dev Svcs Agc
—
—
Point Commerce LLC
—
Deed Of Trust
related
$1,000,000 · Wesbanco Bk Cmnty Dev Corp
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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