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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Retail space
14701 Pearl Rd, Strongsville, OH 44136-5026
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-6269772
Property summary
AI-generated overview
This exceptional freestanding retail building, located at 14701 Pearl Rd in Strongsville, Ohio, offers 14,673 square feet of space on a 1.81-acre lot in Cuyahoga County. The property boasts a highly visible location at a signalized intersection, benefiting from over 27,000 vehicles passing daily. Its strategic position ensures excellent accessibility and high traffic exposure, making it ideal for a variety of retail uses. The building is currently available for lease, sale, or redevelopment, presenting a unique opportunity for investors and businesses alike. The substantial lot size provides ample space for expansion or additional development. The property's strong demographics are further supported by a population of over 48,000 people residing within a 10-minute drive. The asking price is $20 per square foot, triple net (NNN). This property presents a compelling investment opportunity in a thriving Ohio market. The zip code is 44136.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
TYPE NOT SPECIFIED
Total area
14,673 SF
Lot
1.81 ac (78,649 SF)
Zoning code
GB
APN
396-18-018
UPID
US66-6269772
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
$2.17M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.63M
Owner & transaction history
14701 Pearl Rd LLC · 1 yrs held
14701 Pearl Rd LLC
since 2025
4 recorded transactions
Zoning & alternative use
GB · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+163.2%
Office building
$2.4M
+152.4%
Medical building
$1.6M
+69.5%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,350,000
6.5%
$2,170,000
7%
$2,015,000
Alternative Use
Use
Estimation
RESTAURANT
$2,475,000
Change: +163% · Conversion: Easy
OFFICE BUILDING
$2,375,000
Change: +152% · Conversion: Easy
MEDICAL BUILDING
$1,595,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,485,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,305,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,215,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,085,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±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
$111 / 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
$84,382
Tax year 2023
Assessed value
$1,032,750
Assessed 2023
Previous assessed
$1,032,750
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$466,310
Assessed improvement
$566,440
Land market value
$1,332,300
Improvement market value
$1,618,400
Total market value
$2,950,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
14,673 SF
Lot
1.81 ac (78,649 SF)
Zoning code
GB
APN
396-18-018
UPID
US66-6269772
Jurisdiction
CUYAHOGA
Zoning & alternative use
GB · Strongsville, OH
Zoning GB · permitted uses
GB · 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
RESTAURANT
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
RESTAURANT
OFFICE BUILDING
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
2007
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
14701 Pearl Rd LLC
Entity
Mailing address
PO BOX 3165, HARRISBURG, PA 17105-3165
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
$1,100,000
14701 Pearl Rd LLC
Rite Aid Of Ohio INC
Quitclaim Deed
related
—
Aug 16, 2007
—
Rite Aid Of Oh INC
Rite Aid Of Oh INC
Quit Claim Deed
related
—
Aug 16, 2007
$2,437,500
Rite Aid Of Oh INC
Jardine,george H
Warranty Deed
—
—
—
George H Jardine
—
Deed Of Trust
related
$104,388 · Fifth Third Bank Ne Ohio
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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