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Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Specialty properties
16913 Detroit Ave 15 Lakewood, OH 44107-3620
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US66-1130799
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
44,196 SF
Lot
3 ac (130,678 SF)
Zoning code
C3
APN
313-19-003
UPID
US66-1130799
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
$3.66M
Blend (final)
Blend
$3.19M
Owner & transaction history
Mens Christian Assoc Young · 27 yrs held
Mens Christian Assoc Young
since 1998
7 recorded transactions
Zoning & alternative use
C3 · Lakewood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.8M
+52.2%
Neighborhood: shopping center
$4.5M
+41.9%
Auto repair, garage
$3.9M
+24.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$3,155,000
Current use
MEDICAL BUILDING
$4,800,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,475,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,930,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,725,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,665,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±10%
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
$72 / 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
Assessed value
$1,201,170
Assessed 2023
Previous assessed
$1,201,170
+0.0% YoY
Assessed land
$365,890
Assessed improvement
$835,280
Land market value
$1,045,400
Improvement market value
$2,386,500
Total market value
$3,431,900
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
44,196 SF
Lot
3 ac (130,678 SF)
Zoning code
C3
APN
313-19-003
UPID
US66-1130799
Jurisdiction
CUYAHOGA
Zoning & alternative use
C3 · Lakewood, OH
Zoning C3 · permitted uses
C3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.7M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
3 ac
Current owner
From public records · entity-resolved
Mens Christian Assoc Young
Individual
Mailing address
16915 DETROIT AVE, LAKEWOOD, OH 44107-3620
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
Young Mens Christian Association Of
—
Deed
related
$3,166,667 · Pnc Bank NA
May 15, 2023
—
Christian Assn Of Greater Cleveland
—
Deed
related
$3,166,667 · Pnc Bank NA
Feb 2, 2018
—
Young Mens Christian Assn Of
—
Grant Deed
related
$10,150,000 · Fifth Third Bk/southwest Fsb
Nov 26, 2014
—
Ymca Of Greater Cleveland
—
Grant Deed
related
$3,500,000 · Fifth Third Bk
Jul 30, 2009
—
Ymca Of Greater Cleveland
—
Deed Of Trust
related
$65,000,000 · National City Bank
Aug 4, 2005
—
Ymca Of Greater Cleveland
—
Deed Of Trust
related
$6,500,000 · National City Bank
Aug 13, 1998
$484,400
Mens Christian Assoc Young
Young Womens Christian Assoc
Grant Deed
related
$484,251 · Seller
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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