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Property profile & analytics
OFF-MARKET
Estimated value
$3,220,000
Retail space
1118 Euclid Ave 1148 Cleveland, OH 44115-1636
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-5742582
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
CONCRETE
Total area
230,085 SF
Lot
0.4 ac (17,250 SF)
Zoning code
GR
APN
101-36-019
UPID
US66-5742582
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
-
Areko Consulting Consultant
-
Hydration Spark Gym & Fitness Center Alternative Medicine Practice
-
The Athlon Apartment Building
-
E & A Tax Preparation Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$3.22M
Owner & transaction history
Cleveland-cuyahoga Cnty Port A · 8 yrs held
Cleveland-cuyahoga Cnty Port A
since 2017
7 recorded transactions
Zoning & alternative use
GR · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$3.22M
Range $2.90M – $3.54M · ±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
$14 / 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
$160,381
Tax year 2023
Assessed value
$1,541,510
Assessed 2023
Previous assessed
$1,541,510
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$483,000
Assessed improvement
$1,058,510
Land market value
$1,380,000
Improvement market value
$15,720,700
Total market value
$17,100,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
15
Units
163
Bathrooms
35
Total area
230,085 SF
Lot
0.4 ac (17,250 SF)
Zoning code
GR
APN
101-36-019
UPID
US66-5742582
Jurisdiction
CUYAHOGA
Zoning & alternative use
GR · Cleveland, OH
Zoning GR · permitted uses
GR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
15
Units
163
Bathrooms
35
Lot
0.4 ac
Current owner
From public records · entity-resolved
Cleveland-cuyahoga Cnty Port A
Individual
Mailing address
1100 W 9TH ST #300, CLEVELAND, OH 44113-1030
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2018
—
Cac Project 2014 LLC
—
Grant Deed
related
$29,100,000 · Huntington Nat'l Bk
Dec 29, 2017
—
Cleveland-cuyahoga Cnty Port A
Cac Project 2014 LLC
Grant Deed
related
$4,000,000 · Tristate Cap Bk
Oct 26, 2017
—
Cac Project 2014 LLC
City Of Cleveland Ohio
Quit Claim Deed
related
—
Aug 17, 2017
—
Cac Project 2014 LLC
—
Loan Modification
related
$7,555,000 · Tristate Cap Bk
Sep 6, 2016
—
Cac Project 2014 LLC
—
Deed
related
$500,000 · Waring Inv
May 15, 2015
$3,300,000
Cac Project 2014 LLC
Sheriff Of Cuyahoga County|cac Buildings Propertie
Trustees Deed
—
Oct 6, 2014
—
Cac Buildings Properties LLC
Cleveland Euclid Hotel Assocs
Grant Deed
related
—
Dec 31, 2013
$4,518,000
Cleveland Euclid Hotel Assocs
Cac Buildings Properties LLC
Grant Deed
—
Aug 30, 2007
$3,300,000
Cac Buildings Properties LLC
Cac Building Properties LLC
Warranty Deed
related
$2,500,000 · Waring Investment INC
May 18, 2006
—
Cac Building Properties LLC
Glazer LLC
Grant Deed
related
—
Dec 28, 2004
—
Fazio LLC
Cac Building Properties LLC
Grant Deed
related
—
Jun 12, 2002
—
Cac Building Properties LLC
S M R & B Co
Grant Deed
related
—
—
—
Cac Project 2014 LLC
—
Deed Of Trust
related
$3,596,492 · Ohio Water Dev Authority
—
—
Cac Project 2014 LLC
—
Deed Of Trust
related
$500,000 · Waring Inv
—
—
Cac Project 2014 LLC
—
Loan Modification
related
$4,000,000 · Tristate Cap Bk
—
—
Cac Project 2014 LLC
—
Deed Of Trust
related
$4,000,000 · Tristate Cap Bk
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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