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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
1388 Riverside Dr Lakewood, OH 44107-3133
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-0218837
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1933
Construction
WOOD
Total area
4,152 SF
Lot
0.15 ac (6,448 SF)
Zoning code
C2
APN
311-15-039
UPID
US66-0218837
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
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$583k
Blend (final)
Blend
$575k
Owner & transaction history
Briar Bowl Holdings LLC · 11 yrs held
Briar Bowl Holdings LLC
since 2014
7 recorded transactions
Zoning & alternative use
C2 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$138 / 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
$8,666
Tax year 2023
Assessed value
$80,020
Assessed 2023
Previous assessed
$80,020
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$19,150
Assessed improvement
$60,870
Land market value
$54,700
Improvement market value
$173,900
Total market value
$228,600
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
1933
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
4,152 SF
Lot
0.15 ac (6,448 SF)
Zoning code
C2
APN
311-15-039
UPID
US66-0218837
Jurisdiction
CUYAHOGA
Zoning & alternative use
C2 · Lakewood, OH
Zoning C2 · permitted uses
C2 · Lakewood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1933
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Briar Bowl Holdings LLC
Entity
Mailing address
36 HIBBARD RD, NORTHFIELD, IL 60093-3549
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2020
—
Briar Bowl Holdings LLC
—
Deed
related
$248,500 · Us Bk
Sep 12, 2017
—
Briar Bowl Holdings LLC
—
Deed
related
$155,000 · Us Bk
Sep 9, 2014
$327,500
Briar Bowl Holdings LLC
1388 Riverside Partners LLC
Warranty Deed
related
$149,800 · Huntington Nat'l Bk
Nov 4, 2004
$320,000
1388 Riverside Partners LLC
Bgw Ltd
Grant Deed
$228,000 · Fifth Third Bank Ne Ohio
Oct 31, 2002
—
Bgw Ltd
Krivosh,michael J & Patricia J
Quit Claim Deed
related
—
Aug 11, 1998
$188,000
Michael Krivosh
Havlach,marie D
Grant Deed
—
—
—
1388 Riverside Partners LLC
—
Deed Of Trust
related
$320,000 · Lakewood City (co)
—
—
Briar Bowl Holdings LLC
—
Deed Of Trust
related
$155,000 · Us Bk
—
—
1388 Riverside Partners LLC
—
Deed Of Trust
related
$100,000 · Growth Capital Corp
—
—
Briar Bowl Holdings LLC
—
Loan Modification
related
$248,500 · Us 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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