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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Strip malls
1055 Pearl Rd 1091 Brunswick, OH 44212-2568
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1341287
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Total area
52,677 SF
Lot
14.1 ac (614,196 SF)
APN
003-18B-30-085
UPID
US66-1341287
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
-
Hickory Ridge Cinema Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Trinity River Estates LP · 3 yrs held
Trinity River Estates LP
since 2022
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.7M
+134.8%
Auto repair, garage
$3.6M
+125.5%
Warehouse, storage
$2.2M
+36.9%
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 Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brunswick 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
$2,520,000
ML approach
$2,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,590,000
Current use
RETAIL STORES
$3,730,000
Change: +135% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,585,000
Change: +126% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,175,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10% · vs last sale $2.60M (Dec 22 2022)
Last sale anchor
$2.60M
Dec 22 2022
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
$28,628
Tax year 2023
Assessed value
$526,090
Assessed 2023
Previous assessed
$526,090
+0.0% YoY
Effective rate
5.44%
On assessed value
Assessed land
$318,180
Assessed improvement
$207,910
Land market value
$909,090
Improvement market value
$594,020
Total market value
$1,503,110
Applied tax rate
3.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
52,677 SF
Lot
14.1 ac (614,196 SF)
APN
003-18B-30-085
UPID
US66-1341287
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.6M
RETAIL STORES
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1974
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
14.1 ac
Current owner
From public records · entity-resolved
Trinity River Estates LP
Entity
Free & Clear · 3 yrs held
Mailing address
3113 S UNIVERSITY DR STE #600, FORT WORTH, TX 76109-5622
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$2,600,000
Trinity River Estates LP
Jsmn International Real Estates LLC
Limited Warranty Deed
—
Dec 22, 2022
—
Yellow Banana Ohio LLC
Jsmn International Real Estate LLC
Lease
—
Feb 3, 2017
—
Jsmn Internation Real Estate LLC
—
Deed
related
$230,000 · Indus American Bank
Sep 7, 2011
$1,000,000
Jsmn International Real Estate
Hickory Ridge Limited Partners
Grant Deed
$700,000 · Hickory Ridge Limited Partners
—
—
Jsmn Intl Real Estates LLC
—
Deed Of Trust
related
$1,500,000 · Indus American Bank
—
—
Jsmn International R & E LLC
—
Deed Of Trust
related
$815,000 · Hickory Ridge Ohio LLC
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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