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Property profile & analytics
OFF-MARKET
Retail space
16488 Pearl Rd 16524, Strongsville, OH 44136-6042
Entity Owned
~
Est. High Equity
Property ID
US66-1552338
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
13,140 SF
Lot
1.56 ac (68,067 SF)
Zoning code
GB
APN
393-34-005
UPID
US66-1552338
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
16488 Pearl Road LLC
16488 Pearl Road LLC
since 2026
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
GB · Strongsville, 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 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
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
$41,601
Tax year 2023
Assessed value
$509,150
Assessed 2023
Previous assessed
$509,150
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$131,040
Assessed improvement
$378,110
Land market value
$374,400
Improvement market value
$1,080,300
Total market value
$1,454,700
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
2005
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
6
Total area
13,140 SF
Lot
1.56 ac (68,067 SF)
Zoning code
GB
APN
393-34-005
UPID
US66-1552338
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.
Building & site characteristics
From public records
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
6
Lot
1.56 ac
Current owner
From public records · entity-resolved
16488 Pearl Road LLC
Entity
Mailing address
PO BOX 361301, STRONGSVILLE, OH 44136-0022
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
$2,400,000
16488 Pearl Road LLC
Saint Beatrice LLC
Deed
$1,785,000 · Century FCU
Jul 10, 2024
—
Saint Beatrice LLC
—
Deed
related
$550,000 · The Michael A Catanzarite 2012 Irrevocab
Jul 21, 2011
—
Saint Beatrice LLC
Saint Beatrice LLC
Quit Claim Deed
related
—
Jul 21, 2011
$715,000
Saint Beatrice LLC
Sun Life Assurance Co Of Canada
Grant Deed
$850,000 · Park View Fsb
Feb 3, 2011
—
Sun Life Assurance Co Of Canada
Sl Inv Holdings 2008-1 LLC
Quit Claim Deed
related
—
Oct 18, 2010
—
Sl Inv Holdings 2008-1 LLC
Pearl Echo LLC
Deed In Lieu Of Foreclosure
related
—
Jul 6, 2009
—
Pearl Echo LLC
—
Trustees Deed
related
$1,418,350 · Sl Inv Par Hldgs 2008-1 LLC
Dec 13, 2005
—
Pearl Echo LLC
Karim,emil S & Hiam
Warranty Deed
related
—
Nov 30, 2004
$415,000
Steven M Sokol
Tolentino,hermelino V & Lutgarda C
Warranty Deed
$311,000 · Sky Bank
—
—
Saint Beatrice LLC
—
Deed Of Trust
related
$150,000 · Park View Fsb
—
—
Saint Beatrice LLC
—
Deed Of Trust
related
$894,300 · Farmers Nat'l Bk/canfield
—
—
Pearl Echo LLC
—
Deed Of Trust
related
$1,500,000 · Sun Life Assurance Co
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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