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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Specialty properties
16333 Chagrin Blvd Shaker Heights, OH 44120-3711
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1707487
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1995
Construction
TYPE NOT SPECIFIED
Total area
37,250 SF
Lot
1.6 ac (69,740 SF)
Zoning code
CM
APN
735-16-007
UPID
US66-1707487
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
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Lk Woodlands LLC · 2 yrs held
Lk Woodlands LLC
since 2023
Last sale
$904,175
7 recorded transactions
Zoning & alternative use
CM · 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
Method
Estimation
Statistic approach
$845,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $904k (Aug 4 2023)
Last sale anchor
$904k
Aug 4 2023
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
$24 / 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
$89,782
Tax year 2023
Assessed value
$647,510
Assessed 2023
Previous assessed
$842,980
-23.2% YoY
Effective rate
13.87%
On assessed value
Assessed land
$115,960
Assessed improvement
$531,550
Land market value
$331,300
Improvement market value
$1,518,700
Total market value
$1,850,000
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
1995
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
WALL UNIT
Stories
3
Units
80
Bathrooms
59
Total area
37,250 SF
Lot
1.6 ac (69,740 SF)
Zoning code
CM
APN
735-16-007
UPID
US66-1707487
Jurisdiction
CUYAHOGA
Zoning & alternative use
CM · Shaker Heights, OH
Zoning CM · permitted uses
CM · 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
1995
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
80
Bathrooms
59
Lot
1.6 ac
Current owner
From public records · entity-resolved
Lk Woodlands LLC
Entity
Mailing address
4376 CHURCHILL BLVD, CLEVELAND, OH 44118-3912
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Lk Woodlands LLC
—
Deed
related
$2,500,000 · Jrm Module Five Capital Partners LLC
Aug 4, 2023
$904,175
Lk Woodlands LLC
Csl Shaker Heights LLC
Limited Warranty Deed
—
Oct 24, 2012
$3,250,000
Csl Shaker Heights LLC
Woodlands Of Shaker Heights LLC
Deed Of Trust
related
$5,407,500 · Berkadia Commercial Mortgage
May 11, 2012
—
Woodlands Of Shaker Heights LLC
—
Deed Of Trust
related
$7,234,049 · Citizens Federal Bank Fsb
May 26, 2011
—
Woodlands Of Shaker Heights LLC
—
Deed Of Trust
related
$3,500,000 · Citizens Federal Bank Fsb
Apr 5, 2011
—
Woodlands Of Shaker Heights LLC
—
Deed Of Trust
related
$2,560,000 · Citizens Federal Bank Fsb
Feb 2, 2011
$2,892,500
Woodlands Of Shaker Heights LLC
Sunrise Shaker Heights Assiste
Warranty Deed
—
Dec 21, 2001
—
Sunrise Shaker Hts Assisted
Karrington Acquisition INC
Grant Deed
related
—
—
—
Sunrise Shaker Heights Assiste
—
Deed Of Trust
related
$72,883,000 · Natixis Real Estate Capital
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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