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Property profile & analytics
OFF-MARKET
Turn key restaurants
13051 Larchmere Blvd, Shaker Heights, OH 44120-1166
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0441961
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1955
Construction
TYPE NOT SPECIFIED
Total area
10,785 SF
Lot
0.33 ac (14,378 SF)
Zoning code
C2
APN
731-02-001
UPID
US66-0441961
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
13051 Larchmere LLC · 4 yrs held
13051 Larchmere LLC
since 2021
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
C2 · Shaker Heights, 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 Shaker Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shaker Heights 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,388
Tax year 2023
Assessed value
$160,240
Assessed 2023
Previous assessed
$160,240
+0.0% YoY
Effective rate
13.97%
On assessed value
Assessed land
$22,160
Assessed improvement
$138,080
Land market value
$63,300
Improvement market value
$394,500
Total market value
$457,800
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1955
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Stories
3
Units
8
Bathrooms
14
Total area
10,785 SF
Lot
0.33 ac (14,378 SF)
Zoning code
C2
APN
731-02-001
UPID
US66-0441961
Jurisdiction
CUYAHOGA
Zoning & alternative use
C2 · Shaker Heights, OH
Zoning C2 · permitted uses
C2 · Shaker Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shaker Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
8
Bathrooms
14
Lot
0.33 ac
Current owner
From public records · entity-resolved
13051 Larchmere LLC
Entity
Mailing address
355 LEDGE RD, MACEDONIA, OH 44056-1017
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2021
—
13051 Larchmere LLC
G & J Realty LLC
Quit Claim Deed
related
—
Oct 28, 2021
—
G & J Realty LLC
—
Deed
related
$1,350,000 · Civista Bank
Aug 8, 2019
—
Heights Portfolio LLC
La Shaker Kemper Ltd
Grant Deed
related
—
Mar 8, 2018
—
G & J Realty LLC
—
Grant Deed
related
$1,288,000 · Northwest Bk
Nov 23, 2010
—
G & J Realty LLC
—
Deed Of Trust
related
$1,845,000 · Lorain National Bank
May 2, 2002
—
G & J Realty LLC
—
Deed Of Trust
related
$2,150,000 · National City Bank
Nov 2, 1999
$475,000
G & J Realty LLC
Michael Antonelli INC
Grant Deed
$425,000 · Seller
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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