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    Jeffrey Soclof, Beachwood, OH

    License ID: BRKP.2006005674
    EmmcO Corporation

    Service Locations

    Contact details

    Phone:
    (216) 857-2075
    Office Address:
    3681 Green Rd, Beachwood, OH, 44122-5726

    Performance

    Listings
    14

    Listings

    For Sale (4)

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    • $1,000,000
      4,704 SF

      Prime Hudson Restaurant Space

      Turnkey Restaurant, 4,704 SF
      200 Main St, Hudson, OH 44236
      View Details
    • Contact for pricing
      18,864 SF

      Corner Parcel with Road Frontage

      Corner parcel with frontage on Mayfield and Maywood Roads.
      4568 Mayfield Rd, South Euclid, OH
      View Details
    • $1,100,000

      Corner Parcel Development Opportunity

      Development opportunity in a rapidly growing Northeast Ohio community.
      9032 Pearl Rd, Strongsville, OH
      View Details
    • $650,000

      Cleveland Commercial Building For Sale

      12,456 SF commercial building in Cleveland's Collinwood neighborhood.
      16113 Saint Clair Ave, Cleveland, OH 44110
      View Details

    For Lease (10)

    View map
    • Contact for pricing

      Endcap Retail Space with Drive-Thru

      Retail space with drive-thru potential in Sagamore Hills, OH.
      419 W Aurora Rd, Sagamore Hills, OH 44067
      View Details
    • Contact for pricing

      Former Restaurant Building in Canton

      Free-standing building suitable for restaurant, retail, or office use.
      2929 Cleveland Ave SW, Canton, OH 44707
      View Details
    • Contact for pricing

      Retail Space in Sagamore Hills

      Neighborhood plaza serving Nordonia Hills area with high traffic.
      445 West Aurora Rd, Sagamore Hills, OH 44067
      View Details
    • Contact for pricing

      Neighborhood Shopping Center For Rent

      Neighborhood shopping center with diverse co-tenants serving south Canton.
      3001 Cleveland Ave SW, Canton, OH 44707
      View Details
    • Contact for pricing

      Flexible Office Spaces Available

      Move-in ready, furnished office spaces with utilities included.
      3013 Cleveland Ave SW, Canton, OH 44707
      View Details
    • Contact for pricing

      Retail Space with High Visibility

      Retail space available with great visibility and monument signage.
      696 Howe Ave, Cuyahoga Falls, OH 44221
      View Details
    • Contact for pricing

      Prime Retail Space Available

      Two endcap spaces for lease in high-traffic Belden Village.
      4066 Belden Village St NW, Canton, OH 44718
      View Details
    • Contact for pricing

      Retail Space on East Aurora

      Retail space with visibility and accessibility on SR 82.
      34 E Aurora Rd, Northfield, OH 44067
      View Details
    • Contact for pricing

      Eastlake Retail Space For Rent

      High-traffic location with flexible lease terms in Eastlake, OH.
      35400 Vine St, Eastlake, OH 44095
      View Details
    • $14 SF/Yr
      1,425 SF

      Retail Space in Mentor, OH

      Retail space available in a developed retail market.
      9676 Mentor Ave, Mentor, OH
      View Details

    Leases and Sales on Map

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    • For Lease

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    Jeffrey Soclof, Beachwood, OH
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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