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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Office buildings
12430 Alameda Dr, Strongsville, OH 44149-3025
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2194749
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
TYPE NOT SPECIFIED
Total area
7,040 SF
Lot
3.62 ac (157,687 SF)
Zoning code
GI
APN
392-23-017
UPID
US66-2194749
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
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$920k
Owner & transaction history
Rafter Real Estate LLC · 5 yrs held
Rafter Real Estate LLC
since 2020
2 recorded transactions
Zoning & alternative use
GI · Strongsville, 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 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
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$131 / 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
$21,951
Tax year 2023
Assessed value
$268,660
Assessed 2023
Previous assessed
$268,660
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$90,580
Assessed improvement
$178,080
Land market value
$258,800
Improvement market value
$508,800
Total market value
$767,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Buildings
3
Stories
2
Total area
7,040 SF
Lot
3.62 ac (157,687 SF)
Zoning code
GI
APN
392-23-017
UPID
US66-2194749
Jurisdiction
CUYAHOGA
Zoning & alternative use
GI · Strongsville, OH
Zoning GI · permitted uses
GI · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Strongsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
3
Lot
3.62 ac
Current owner
From public records · entity-resolved
Rafter Real Estate LLC
Entity
Mailing address
12430 ALAMEDA DR, STRONGSVILLE, OH 44149-3025
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2020
$700,000
Rafter Real Estate LLC
Rafter Realty Holdings LLC
Grant Deed
related
$595,000 · First Nat'l Bk/pa
Jun 30, 2016
$702,500
Rafter Realty Holdings LLC
Forming Technologies LLC
Warranty Deed
related
$600,000 · Forming Technologies 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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