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Property profile & analytics
OFF-MARKET
Turn key restaurants
16555 Southpark Ctr, Strongsville, OH 44136-9328
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1502483
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2015
Construction
WOOD
Total area
10,351 SF
Lot
2.73 ac (118,836 SF)
Zoning code
SC
APN
396-25-001
UPID
US66-1502483
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
Southpark Project LLC · 3 yrs held
Southpark Project LLC
since 2022
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
SC · 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
$55,150
Tax year 2023
Assessed value
$674,980
Assessed 2023
Previous assessed
$674,980
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$266,210
Assessed improvement
$408,770
Land market value
$760,600
Improvement market value
$1,167,900
Total market value
$1,928,500
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
2015
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
10,351 SF
Lot
2.73 ac (118,836 SF)
Zoning code
SC
APN
396-25-001
UPID
US66-1502483
Jurisdiction
CUYAHOGA
Zoning & alternative use
SC · Strongsville, OH
Zoning SC · permitted uses
SC · 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
2015
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
Southpark Project LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4086 FAR O WAY LN, RICHFIELD, OH 44286-9490
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
—
Southpark Project LLC
—
Deed
related
$495,000 · Independence Bank
Dec 19, 2022
—
Southpark Project LLC
Strongsville Project LLC
Quit Claim Deed
related
—
May 16, 2019
—
Strongsville Project LLC
—
Deed
related
$2,700,000 · Independence Bk
Dec 7, 2017
—
Strongsville Project LLC
—
Deed
related
$541,954 · Daniel Recob
Oct 8, 2013
—
Strongsville Project LLC
Craft Brew INC
Grant Deed
related
—
May 23, 2012
$400,000
Craft Brew INC
Sheriff Of Cuyahoga County
Trustees Deed
—
Sep 14, 2006
$1,750,000
Tgi Southpark LLC
Timberstone Group INC
Grant Deed
$1,800,000 · Sky Bank
Sep 13, 2006
$800,000
Timberstone Group INC
Southpark Fringe Land LLC
Grant Deed
—
Apr 23, 2002
—
Southpark Fringe Land LLC
Royalton Road Joint Venture
Grant Deed
related
—
—
—
Strongsville Project LLC
—
Deed Of Trust
related
$2,700,000 · Independence Bk
—
—
Strongsville Project LLC
—
Deed Of Trust
related
$500,000 · Independence Bk
—
—
Strongsville Project LLC
—
Deed Of Trust
related
$975,000 · Independence Bk
—
—
Craft Brew Co INC
—
Deed Of Trust
related
$70,000 · Gary Moyse
—
—
Craft Brew Co INC
—
Deed Of Trust
related
$200,000 · Daniel Recob
—
—
Strongsville Project LLC
—
Deed Of Trust
related
$541,954 · Daniel Recob
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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