Technical
Financial
Distress signals
Property profile

188 Solon Rd Chagrin Falls, OH 44022

OFF-MARKET
Retail space
Property ID
US66-2094997
2,860 SF 0.42 ac lot Built 1920
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 2,860 SF
Lot 0.42 ac (18,338 SF)
Zoning code RB
APN 932-01-001
UPID US66-2094997

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store
  • Department Store

Location

188 Solon Rd Chagrin Falls, OH 44022-3138
Chagrin Falls metro Census 195900 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

RB · Chagrin Falls, OH
Zoning description

To serve the daily shopping needs of community residents, To promote vitality in the local economy by serving the specialty retail shopping needs of the regional population

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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