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Property profile & analytics
OFF-MARKET
Estimated value
$4,750,000
Warehouses
19605 Pearl Rd Strongsville, OH 44136
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-1403103
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
TYPE NOT SPECIFIED
Total area
57,848 SF
Lot
11.19 ac (487,349 SF)
Zoning code
GB
APN
397-25-002
UPID
US66-1403103
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
$4.44M
Comparable Approach
Comparable
$4.96M
Blend (final)
Blend
$4.75M
Owner & transaction history
City Of Strongsville · 13 yrs held
City Of Strongsville
since 2013
7 recorded transactions
Zoning & alternative use
GB · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.3M
+112.2%
Neighborhood: shopping center
$5.9M
+97.8%
Auto repair, garage
$5.1M
+73.7%
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 Strongsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strongsville 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%
$4,810,000
6.5%
$4,440,000
7%
$4,125,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,960,000
Current use
MEDICAL BUILDING
$6,285,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,860,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,145,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,795,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,280,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$4.75M
Range $4.28M – $5.23M · ±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
$82 / 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
$121,876
Tax year 2023
Assessed value
$1,491,640
Assessed 2023
Previous assessed
$1,491,640
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$562,910
Assessed improvement
$928,730
Land market value
$1,608,300
Improvement market value
$2,653,500
Total market value
$4,261,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Rooms
7
Bathrooms
1
Total area
57,848 SF
Lot
11.19 ac (487,349 SF)
Zoning code
GB
APN
397-25-002
UPID
US66-1403103
Jurisdiction
CUYAHOGA
Zoning & alternative use
GB · Strongsville, OH
Zoning GB · permitted uses
GB · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Strongsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
11.19 ac
Current owner
From public records · entity-resolved
City Of Strongsville
Entity
Mailing address
18941 PEARL RD, STRONGSVILLE, OH 44136-6932
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Pearl Road Garden Center LLC
—
Deed
related
$4,248,000 · Ag Credit Agricultural Credit Assn
Nov 30, 2017
—
Pearl Road Garden Center LLC
—
Grant Deed
related
$6,300,000 · Farm Credit Svcs
Jan 5, 2017
—
Pearl Road Garden Center LLC
—
Deed
related
$2,115,000 · Farm Credit Svcs
May 31, 2013
$25,530
City Of Strongsville
Pearl Road Garden Center LLC
Warranty Deed
—
Jan 23, 2012
—
Pearl Road Garden Center LLC
Pearl Road Garden Center INC
Quit Claim Deed
related
$30,367,692 · Bank Of The West
Sep 16, 2005
—
Pearl Road Garden Center INC
—
Trustees Deed
related
$5,000,000 · Fifth Third Bank
Jul 14, 1999
$290,000
Pearl Road Garden Center INC
Scobie,joanne A
Grant Deed
—
Jul 14, 1999
$315,000
Pearl Road Garden Center INC
Slansky,penny J
Trustees Deed
—
Jul 14, 1999
$140,000
Pearl Road Garden Center INC
Slansky,nelson C
Trustees Deed
—
Jul 14, 1999
$40,000
Pearl Road Garden Center INC
Vining,gail A
Trustees Deed
—
Mar 19, 1999
—
Gail A Vining
Scobie,joanne A
Quit Claim Deed
related
—
Jun 10, 1998
—
Gail A Vining
Slansky,nelson C
Quit Claim Deed
related
—
—
—
Coral J Slanksky-lear
—
Deed Of Trust
related
$50,000 · Strongsville Savings Bank
—
—
Pearl Road Garden Center LLC
—
Deed Of Trust
related
$2,115,000 · Farm Credit Svcs
—
—
Pearl Road Garden Center LLC
—
Deed Of Trust
related
$457,480 · First Nat'l Bk/pa
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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