Back to Search
Property profile & analytics
OFF-MARKET
Schools
17412 Shelburne Rd Cleveland Heights, OH 44118-4904
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-1113651
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1927
Construction
FRAME
Total area
2,756 SF
Lot
0.8 ac (34,932 SF)
Zoning code
AA
APN
687-23-003
UPID
US66-1113651
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
Fairmount Montessori Assn INC · 8 yrs held
Fairmount Montessori Assn INC
since 2017
4 recorded transactions
Zoning & alternative use
AA · Cleveland Heights, 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 Cleveland Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland Heights 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
$335
Tax year 2023
Assessed value
$95,100
Assessed 2023
Previous assessed
$95,100
+0.0% YoY
Effective rate
0.35%
On assessed value
Assessed land
$32,520
Assessed improvement
$62,580
Land market value
$92,900
Improvement market value
$178,800
Total market value
$271,700
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1927
Construction
FRAME
Heating
HOT WATER
Cooling
NONE
Stories
1
Rooms
10
Bathrooms
4
Total area
2,756 SF
Lot
0.8 ac (34,932 SF)
Zoning code
AA
APN
687-23-003
UPID
US66-1113651
Jurisdiction
CUYAHOGA
Zoning & alternative use
AA · Cleveland Heights, OH
Zoning AA · permitted uses
AA · Cleveland Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1927
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Rooms
10
Bathrooms
4
Lot
0.8 ac
Current owner
From public records · entity-resolved
Fairmount Montessori Assn INC
Entity
Free & Clear · 8 yrs held
Mailing address
3380 FAIRMOUNT BLVD, CLEVELAND HEIGHTS, OH 44118-4214
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2017
$300,000
Fairmount Montessori Assn INC
Giesey,grattan B JR & Rachel W
Warranty Deed
—
—
—
Grattan B Giesey JR.
—
Deed Of Trust
related
$38,000 · Century FCU
—
—
Grattan B Giesey
—
Deed Of Trust
related
$93,000 · Century FCU
—
—
Grattan B Giesey
—
Deed Of Trust
related
$100,000 · Century FCU
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17412 Shelburne Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
