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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Automotive properties
11800 Pearl Rd Strongsville, OH 44136-3329
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2146693
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1970
Construction
TYPE NOT SPECIFIED
Total area
6,480 SF
Lot
5.57 ac (242,695 SF)
Zoning code
MS
APN
392-26-009
UPID
US66-2146693
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
$1.10M
Blend (final)
Blend
$1.08M
Owner & transaction history
Patul & Associates · 12 yrs held
Patul & Associates
since 2014
7 recorded transactions
Zoning & alternative use
MS · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Buildings and land shall be used and buildings shall be designed, erected, altered, moved or maintained in whole or in part in Motorist Service Districts
Zone name
Motorist Service
General category
UNKNOWN
Zone area
101.50 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.1M
+89.6%
Office building
$1.1M
+81.8%
Medical building
$705,000
+22.1%
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 Strongsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strongsville 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
Alternative Use
Use
Estimation
RESTAURANT
$1,095,000
Change: +90% · Conversion: Difficult
OFFICE BUILDING
$1,050,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$705,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$655,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$167 / 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
$90,596
Tax year 2023
Assessed value
$1,108,810
Assessed 2023
Previous assessed
$1,108,810
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$504,600
Assessed improvement
$604,210
Land market value
$1,441,700
Improvement market value
$1,726,300
Total market value
$3,168,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1970
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Total area
6,480 SF
Lot
5.57 ac (242,695 SF)
Zoning code
MS
APN
392-26-009
UPID
US66-2146693
Jurisdiction
CUYAHOGA
Zoning & alternative use
MS · Strongsville, OHZoning MS · permitted uses
MS · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Buildings and land shall be used and buildings shall be designed, erected, altered, moved or maintained in whole or in part in Motorist Service Districts
Zone name
Motorist Service
General category
UNKNOWN
Zone area
101.50 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$655,000
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1970
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Lot
5.57 ac
Current owner
From public records · entity-resolved
Patul & Associates
Entity
Mailing address
27500 LORAIN RD, NORTH OLMSTED, OH 44070-4038
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2014
—
Patul & Associates
—
Grant Deed
related
$1,200,000 · Pnc Bk
Apr 5, 2000
—
Putal
—
Deed Of Trust
related
$1,800,000 · National City Bank
—
—
Paul J Hrnchar
—
Deed Of Trust
related
$805,000 · National City Bank
—
—
Patul & Associates
—
Deed Of Trust
related
$3,850,000 · Daimler-chrysler Fin'l Svcs NA
—
—
Patul & Associates
—
Deed Of Trust
related
$1,682,000 · Pnc Bank
—
—
Patul & Associates
—
Deed Of Trust
related
$4,607,000 · Pnc Bank
—
—
Patul & Associates
—
Deed Of Trust
related
$700,000 · National City Bank
—
—
Patul & Associates
—
Deed Of Trust
related
$1,639,023 · National City Bank
—
—
Paful & Associates
—
Deed Of Trust
related
$700,000 · National City Bank
—
—
Patul & Associates
—
Deed Of Trust
related
$291,667 · National City Bank
—
—
Patul & Associates
—
Deed Of Trust
related
$1,836,700 · Gmac 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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