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Property profile & analytics
OFF-MARKET
Office buildings
1962 Warrensville Ctr Rd South Euclid, OH 44121-2635
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-0057990
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
TYPE NOT SPECIFIED
Total area
2,625 SF
Lot
0.15 ac (6,630 SF)
Zoning code
C-1
APN
704-25-001
UPID
US66-0057990
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
Rgls Commercial Properties LLC · 3 yrs held
Rgls Commercial Properties LLC
since 2023
Last sale
$187,500
6 recorded transactions
Zoning & alternative use
C-1 · South Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is To provide sufficient but not excessive land area for the business and commercial needs of the community and To foster the continuation of commercial, business and similar establishments now present within the community in conformity with recognized and reasonable standards in order that they be compatible with the primarily r…
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
8.68 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 South Euclid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Euclid 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
$8,383
Tax year 2023
Assessed value
$52,500
Assessed 2023
Previous assessed
$52,500
+0.0% YoY
Effective rate
15.97%
On assessed value
Assessed land
$11,620
Assessed improvement
$40,880
Land market value
$33,200
Improvement market value
$116,800
Total market value
$150,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
2,625 SF
Lot
0.15 ac (6,630 SF)
Zoning code
C-1
APN
704-25-001
UPID
US66-0057990
Jurisdiction
CUYAHOGA
Zoning & alternative use
C-1 · South Euclid, OHZoning C-1 · permitted uses
C-1 · South Euclid, 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 provide sufficient but not excessive land area for the business and commercial needs of the community and To foster the continuation of commercial, business and similar establishments now present within the community in conformity with recognized and reasonable standards in order that they be compatible with the primarily residential character of the community
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
8.68 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Rgls Commercial Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
23121 GREENLAWN AVE, BEACHWOOD, OH 44122-1419
Ownership since
2023
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
May 2, 2023
$187,500
Rgls Commercial Properties LLC
Arlene Mohammadpour
Warranty Deed
—
Jul 29, 2014
$94,500
Mehdi S Touraji
Mohammadpour,ali
Quit Claim Deed
related
—
Jul 29, 2014
—
Ali Mohammadpour
Amjadi,roya
Quit Claim Deed
related
—
Mar 1, 2005
$171,500
Ali Mohammadpour
Iacobacci,patrick & Donna M
Warranty Deed
$137,200 · Key Bank NA
Jun 17, 1998
$128,800
Patrick Iacobacci
Radin,ronald J
Grant Deed
—
—
—
Patrick A Iacobacci
—
Deed Of Trust
related
$100,000 · 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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