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Property profile & analytics
OFF-MARKET
Strip malls
15316 Detroit Ave Lakewood, OH 44107-3828
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0881050
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Lot
1.53 ac (66,800 SF)
Zoning code
C2
APN
312-14-106
UPID
US66-0881050
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
Lbl Tic 3 LLC · 4 yrs held
Lbl Tic 3 LLC
since 2021
5 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
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
$16,751
Tax year 2023
Assessed value
$154,670
Assessed 2023
Previous assessed
$154,670
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$140,280
Assessed improvement
$14,390
Land market value
$400,800
Improvement market value
$41,100
Total market value
$441,900
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Lot
1.53 ac (66,800 SF)
Zoning code
C2
APN
312-14-106
UPID
US66-0881050
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
Heating
NONE
Lot
1.53 ac
Current owner
From public records · entity-resolved
Lbl Tic 3 LLC
Entity
Mailing address
1585 FREDERICK BLVD, AKRON, OH 44320-4000
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Lbl Tic 3 LLC
Lrc G Lakewood LLC
Warranty Deed
—
Dec 16, 2016
—
Lrc-g Lakewood LLC
—
Deed
related
$5,025,000 · Huntington Nat'l Bk
May 16, 2012
$2,000,000
Lrc-g Lakewood LLC
One Lakewood Co LLC
Grant Deed
$4,120,000 · Firstmerit Bank NA
Sep 20, 2007
$5,750,000
One Lakewood Co LLC
Lakewood Plaza Ltd
Grant Deed
related
$5,800,000 · Lasalle National Bank
Oct 29, 2003
—
Lakewood Plaza Ltd
Plaza Associates Co
Quit Claim Deed
related
—
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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