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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Grocery and convenience stores
1890 Som Ctr Rd Mayfield Heights, OH 44124-4126
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-0885187
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1960
Construction
WOOD
Total area
1,740 SF
Lot
0.97 ac (42,437 SF)
Zoning code
U-4
APN
863-16-020
UPID
US66-0885187
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
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Renees Properties At Som LLC · 5 yrs held
Renees Properties At Som LLC
since 2021
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
U-4 · Mayfield Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to promote Local Retail and Wholesale uses
Zone name
Local Retail And Wholesale
General category
COMMERCIAL
Zone area
152.76 ac
Source
Realmo
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 Mayfield Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mayfield 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
Method
Estimation
Statistic approach
$1,240,000
ML approach
$1,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.35M (Apr 22 2021)
Last sale anchor
$1.35M
Apr 22 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
$744 / 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
$42,711
Tax year 2023
Assessed value
$472,500
Assessed 2023
Previous assessed
$145,670
+224.4% YoY
Effective rate
9.04%
On assessed value
Assessed land
$95,340
Assessed improvement
$377,160
Land market value
$272,400
Improvement market value
$1,077,600
Total market value
$1,350,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,740 SF
Lot
0.97 ac (42,437 SF)
Zoning code
U-4
APN
863-16-020
UPID
US66-0885187
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-4 · Mayfield Heights, OHZoning U-4 · permitted uses
U-4 · Mayfield Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to promote Local Retail and Wholesale uses
Zone name
Local Retail And Wholesale
General category
COMMERCIAL
Zone area
152.76 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Renees Properties At Som LLC
Entity
Mailing address
1890 SOM CTR RD, MAYFIELD HTS, OH 44124-4126
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2021
$1,350,000
Renees Properties At Som LLC
Alisha Investments INC
Warranty Deed
$1,178,000 · Citizens Bank
Apr 5, 2019
—
Alisha Investments INC
—
Deed
related
$4,400,000 · Metro Cty Bk
Jul 23, 2015
$395,517
Alisha Investments INC
Som Center Road Center LLC
Grant Deed
$1,025,000 · Noa Bk
Nov 3, 2009
$10,000
Som Center Road Center LLC
Sunoco INC
Grant Deed
—
—
—
Alisha Investments INC
—
Deed Of Trust
related
$4,000,000 · Metro Cty Bk
—
—
Alisha Investments INC
—
Deed Of Trust
related
$4,400,000 · Metro Cty Bk
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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