Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Warehouses
1211 Allen Ct Rocky River, OH 44116-1805
Entity Owned
Free & Clear
Property ID
US66-1471222
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
TYPE NOT SPECIFIED
Total area
7,545 SF
Lot
0.51 ac (22,223 SF)
Zoning code
OB-3
APN
301-18-066
UPID
US66-1471222
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
$680k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Allen Court Parcels LLC
Allen Court Parcels LLC
since 2025
Last sale
$680,000
5 recorded transactions
Zoning & alternative use
OB-3 · Rocky River, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$820,000
+112.2%
Neighborhood: shopping center
$765,000
+97.8%
Auto repair, garage
$670,000
+73.7%
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 Rocky River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky River 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
$680,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$820,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$765,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$625,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$560,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Feb 2 2024)
Last sale anchor
$680k
Feb 2 2024
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
$90 / 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
$6,086
Tax year 2023
Assessed value
$62,440
Assessed 2023
Previous assessed
$62,440
+0.0% YoY
Effective rate
9.75%
On assessed value
Assessed land
$59,920
Assessed improvement
$2,520
Land market value
$171,200
Improvement market value
$7,200
Total market value
$178,400
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
Year built
1970
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
7,545 SF
Lot
0.51 ac (22,223 SF)
Zoning code
OB-3
APN
301-18-066
UPID
US66-1471222
Jurisdiction
CUYAHOGA
Zoning & alternative use
OB-3 · Rocky River, OH
Zoning OB-3 · permitted uses
OB-3 · Rocky River, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$625,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$560,000
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Allen Court Parcels LLC
Entity
Free & Clear · 0 yrs held
Mailing address
19800 FRAZIER DR, ROCKY RIVER, OH 44116-1636
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
—
Allen Court Parcels LLC
Riviera54 LLC
Warranty Deed
—
Feb 2, 2024
$680,000
Riviera54 LLC
Quantum Soup Properties LLC
Warranty Deed
—
Nov 3, 2023
—
Quantum Soup Properties LLC
Spremulli Services INC
Warranty Deed
—
—
—
Spremulli Services INC
—
Deed Of Trust
related
$100,000 · Key Bank NA
—
—
Spremulli Services INC
—
Deed Of Trust
related
$100,000 · Key Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1211 Allen Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
