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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Medical Office Space
1956 79th St Cleveland, OH 44103-4270
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2395268
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Total area
7,710 SF
Lot
0.35 ac (15,176 SF)
Zoning code
MMUD-1
APN
118-10-012
UPID
US66-2395268
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
-
Cleveland Urgent Care Medical Clinic
-
Abedalhakeem Abukhalil Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.00M
Owner & transaction history
Cleveland Best Properties LLC · 10 yrs held
Cleveland Best Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
MMUD-1 · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+55.2%
Office building
$1.2M
+42.4%
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,275,000
6.5%
$1,180,000
7%
$1,095,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$840,000
Current use
RESTAURANT
$1,300,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$1,195,000
Change: +42% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$780,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$685,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10%
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
$130 / 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
$36,172
Tax year 2023
Assessed value
$362,190
Assessed 2023
Previous assessed
$362,190
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$29,230
Assessed improvement
$332,960
Land market value
$83,500
Improvement market value
$951,300
Total market value
$1,034,800
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
2019
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
7,710 SF
Lot
0.35 ac (15,176 SF)
Zoning code
MMUD-1
APN
118-10-012
UPID
US66-2395268
Jurisdiction
CUYAHOGA
Zoning & alternative use
MMUD-1 · Cleveland, OH
Zoning MMUD-1 · permitted uses
MMUD-1 · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$840,000
RESTAURANT
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$685,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2019
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Cleveland Best Properties LLC
Entity
Mailing address
18545 RUSTIC HOLW, STRONGSVILLE, OH 44136-7155
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Aug 22, 2018
—
Cleveland Best Properties LLC
—
Deed Of Trust
related
$1,079,500 · Huntington Nat'l Bk
Jan 15, 2016
—
Cleveland Best Properties LLC
Abukhalil,abdel
Grant Deed
related
—
Sep 6, 2006
$60,000
Abdel Abukhalil
Jpc Investments
Warranty Deed
$40,000 · Huntington National Bank
May 7, 1998
—
J P C Investments
Harb,si E
Quit Claim Deed
related
—
—
—
Abdel Abukhalil
—
Deed Of Trust
related
$32,163 · Huntington National Bank
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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