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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Specialty properties
14400 Howe Rd Strongsville, OH 44136-5340
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-6207326
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1989
Construction
WOOD
Total area
4,378 SF
Lot
25.34 ac (1,103,802 SF)
Zoning code
PDA-2
APN
396-24-001
UPID
US66-6207326
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
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$670k
Owner & transaction history
Polo Club Apartments LLC · 23 yrs held
Polo Club Apartments LLC
since 2002
7 recorded transactions
Zoning & alternative use
PDA-2 · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$710,000
+126.6%
Medical building
$475,000
+52.2%
Neighborhood: shopping center
$445,000
+41.9%
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
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$710,000
Change: +127% · Conversion: Difficult
MEDICAL BUILDING
$475,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$153 / 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
$667,026
Tax year 2023
Assessed value
$8,163,750
Assessed 2023
Previous assessed
$8,461,740
-3.5% YoY
Effective rate
8.17%
On assessed value
Assessed land
$2,260,020
Assessed improvement
$5,903,730
Land market value
$6,457,200
Improvement market value
$16,867,800
Total market value
$23,325,000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
1
Units
36
Bathrooms
214
Total area
4,378 SF
Lot
25.34 ac (1,103,802 SF)
Zoning code
PDA-2
APN
396-24-001
UPID
US66-6207326
Jurisdiction
CUYAHOGA
Zoning & alternative use
PDA-2 · Strongsville, OH
Zoning PDA-2 · permitted uses
PDA-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$710,000
MEDICAL BUILDING
Est. value
$475,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
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
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Units
36
Bathrooms
214
Lot
25.34 ac
Current owner
From public records · entity-resolved
Polo Club Apartments LLC
Entity
Mailing address
4645 RICHMOND RD STE #101, CLEVELAND, OH 44128-5901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Feb 17, 2017
—
Polo Club Apartments LLC
—
Deed
related
$20,280,000 · Bellwether Ent R/e Cap
Jul 16, 2010
—
Polo Club Apartments LLC
—
Deed Of Trust
related
$20,280,000 · Bellwether Real Estate Capital
Jun 4, 2009
—
Polo Club Apartments LLC
—
Trustees Deed
related
$1,600,000 · Fmgs Ltd
Nov 26, 2002
$20,164,000
Polo Club Apartments LLC
Casa 94 LP
Grant Deed
—
—
—
Polo Club Apartments LLC
—
Deed Of Trust
related
$17,280,000 · First Merit Bank
—
—
Polo Club Apartments LLC
—
Deed Of Trust
related
$20,280,000 · Bellwether Ent R/e Cap
—
—
Niederst Polo Club Apartments
—
Deed Of Trust
related
$2,000,000 · Luxemburg Capital 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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