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Property profile & analytics
OFF-MARKET
Turn key restaurants
16405 Euclid Ave, Cleveland, OH 44112-1610
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-0906277
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
3,741 SF
Lot
0.18 ac (8,040 SF)
Zoning code
LR
APN
117-01-019
UPID
US66-0906277
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
W Silman 2020 INC · 4 yrs held
W Silman 2020 INC
since 2021
Last sale
$61,110
7 recorded transactions
Zoning & alternative use
LR · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$1,353
Tax year 2023
Assessed value
$13,550
Assessed 2023
Previous assessed
$13,550
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$5,080
Assessed improvement
$8,470
Land market value
$14,500
Improvement market value
$24,200
Total market value
$38,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
3,741 SF
Lot
0.18 ac (8,040 SF)
Zoning code
LR
APN
117-01-019
UPID
US66-0906277
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
W Silman 2020 INC
Entity
Free & Clear · 4 yrs held
Mailing address
16405 EUCLID AVE, CLEVELAND, OH 44112-1610
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2025
—
Wsliman 2020 LLC
—
Deed
related
$186,000 · Echo Capital Mortgage LLC
Jul 20, 2021
$20,000
W Silman 2020 INC
Calypsos Cafe LLC
Quit Claim Deed
related
—
Jun 28, 2021
$65,600
Calypsos Cafe LLC
Jones Contruction & Remodeling LLC
Quit Claim Deed
related
—
Oct 19, 2016
$60,000
Jones Contruction & Remodeling
Mitchell,terry
Quit Claim Deed
related
—
Mar 22, 2016
$60,000
Jones Contruction & Remodeling
Mitchell,terry
Quit Claim Deed
related
—
Dec 12, 2014
$3,000
Terry Mitchell
Propel Financial 1 LLC
Quit Claim Deed
related
—
Nov 26, 2014
$9,160
Propel Financial 1 LLC
Plymouth Park Tax Services LLC
Quit Claim Deed
related
—
Sep 14, 2012
$61,110
Plymouth Park Tax Services LLC
Sheriff Of Cuyahoga County
Trustees Deed
—
Oct 12, 1999
—
Terry Mitchell
Perrin,gregory H
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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