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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Retail space
172 Howe Ave Cuyahoga Falls, OH 44221-4914
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1025066
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
FRAME
Total area
17,908 SF
Lot
1.25 ac (54,450 SF)
APN
02-01142
UPID
US66-1025066
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
Current use
Occupant on record · Public records
-
La-Z-Boy Furniture Galleries Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
$1.75M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.62M
Owner & transaction history
Harpoon Holdings LLC · 5 yrs held
Harpoon Holdings LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+81.6%
Auto repair, garage
$1.8M
+62.2%
Neighborhood: shopping center
$1.7M
+52.4%
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 Cuyahoga Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cuyahoga Falls 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
$1,640,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
$1,890,000
6.5%
$1,745,000
7%
$1,620,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,100,000
Current use
RESTAURANT
$1,995,000
Change: +82% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,780,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,675,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$1,455,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$1,450,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,210,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,135,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10% · vs last sale $2.14M (Mar 2 2021)
Last sale anchor
$2.14M
Mar 2 2021
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
$90 / 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
$50,271
Tax year 2023
Assessed value
$665,400
Assessed 2023
Previous assessed
$665,400
+0.0% YoY
Effective rate
7.56%
On assessed value
Assessed land
$47,250
Assessed improvement
$618,150
Land market value
$135,000
Improvement market value
$1,766,130
Total market value
$1,901,130
Applied tax rate
2.0000
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
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
0
Total area
17,908 SF
Lot
1.25 ac (54,450 SF)
APN
02-01142
UPID
US66-1025066
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
1.25 ac
Current owner
From public records · entity-resolved
Harpoon Holdings LLC
Entity
Mailing address
172 HOWE AVE, CUYAHOGA FALLS, OH 44221-4914
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
Mar 2, 2021
$2,138,435
Harpoon Holdings LLC
Tpdeneo II LLC
Limited Warranty Deed
$1,603,826 · The Farmers National Bank Of Canfie
Oct 13, 2015
$2,150,000
Tpdneo II LLC
La-z-boy INC
Warranty Deed
—
Oct 31, 2012
$2,150,000
La-z-boy INC
Cornerstone Cuyahoga LLC
Warranty Deed
—
Sep 13, 2012
$1,420,000
Cornerstone Cuyahoga LLC
Sheriff Of Summit County
Trustees Deed
related
—
May 21, 2009
—
Jackson-hopkins LLC
Junior Properties Ltd
Quit Claim Deed
related
—
Dec 7, 2005
$1,050,000
Junior Properties Ltd
Jeffrey S Jarvis
Warranty Deed
$2,560,000 · Sky Bank
—
—
Junior Properties Ltd
—
Deed Of Trust
related
$525,000 · Huntington National Bank
—
—
Junior Properties Ltd
—
Deed Of Trust
related
$450,000 · Dworken & Bernstein Co Lpa Psp
—
—
Junior Properties Ltd
—
Deed Of Trust
related
$700,000 · Richard M Osborne
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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