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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
17075 Pearl Rd Strongsville, OH 44136-6054
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1144786
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Construction
TYPE NOT SPECIFIED
Total area
3,335 SF
Lot
2.95 ac (128,545 SF)
Zoning code
GB
APN
397-10-003
UPID
US66-1144786
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
$445k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$550k
Blend (final)
Blend
$510k
Owner & transaction history
17075 Pearl LLC · 4 yrs held
17075 Pearl LLC
since 2022
Last sale
$562,500
5 recorded transactions
Zoning & alternative use
GB · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$540,000
+48.8%
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
Method
Estimation
Statistic approach
$430,000
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$475,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$360,000
Current use
OFFICE BUILDING
$540,000
Change: +49% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$340,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $563k (Mar 31 2022)
Last sale anchor
$563k
Mar 31 2022
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
$153 / 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
$16,750
Tax year 2023
Assessed value
$205,000
Assessed 2023
Previous assessed
$205,000
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$142,280
Assessed improvement
$62,720
Land market value
$406,500
Improvement market value
$179,200
Total market value
$585,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1982
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
3,335 SF
Lot
2.95 ac (128,545 SF)
Zoning code
GB
APN
397-10-003
UPID
US66-1144786
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$360,000
OFFICE BUILDING
Est. value
$540,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$340,000
MEDICAL BUILDING Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1982
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
2.95 ac
Current owner
From public records · entity-resolved
17075 Pearl LLC
Entity
Mailing address
32191 COUNTRY CLB DR, AVON LAKE, OH 44012-2719
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$562,500
17075 Pearl LLC
Lila L Lucas
Deed
$843,300 · The Huntington National Bank
Nov 8, 2017
—
Lucas,lilia L Trust
17075 Pearl Road Ltd
Quit Claim Deed
related
—
Feb 27, 2009
$2,035
City Of Strongsville
Prchlik,arthur R & Margaret A
Warranty Deed
related
—
May 19, 2003
—
17075 Pearl Road Ltd
Lucas,walter
Quit Claim Deed
related
—
—
—
Valdez
—
Deed Of Trust
related
$140,000 · Bank One NA
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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