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    Property profile & analytics

    20040 Van Aken Blvd, Unit 20200 Shaker Heights, OH 44122-3621

    • Strip malls
    • 29,719 SF
    • 3.49 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 04, 2021
    Location Intelligence
    Property ID
    US66-1846575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 20040 Van Aken Blvd

    Year built
    1945
    Lot size
    3.49 lot acres
    Property size
    29,719 SF
    Zone code
    CM
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    736-09-001
    APU
    73609001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shaker Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5384
    Latitude
    41.4653
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $349,419
    $637,880
    $1,882,130
    $2,520,010
    -
    $1,822,500
    $5,377,500
    $7,200,000

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
      $470,000
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      28400 Chagrin Blvd, Unit 450

      SHOPPING CENTER, STRIP CENTER • 9,996 SF
      28400 Chagrin Blvd, Woodmere, OH 44122-4528
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    • Value Estimation
      $205,000
      1,485 SF

      3971 Warrensville Ctr Rd

      SHOPPING CENTER, STRIP CENTER • 1,485 SF
      3971 Warrensville Ctr Rd, Warrensville Heights, OH 44122-6764
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    • Value Estimation
      $660,000
      22,500 SF

      28700 Chagrin Blvd

      SHOPPING CENTER, STRIP CENTER • 22,500 SF
      28700 Chagrin Blvd, Woodmere, OH 44122-4560
      View Details
    • Value Estimation
      $360,000
      8,136 SF

      3231 Warrensville Ctr Rd

      SHOPPING CENTER, STRIP CENTER • 8,136 SF
      3231 Warrensville Ctr Rd, Shaker Heights, OH 44122-3701
      View Details
    • Value Estimation
      $1,190,000
      0.37 Acres

      Chagrin Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 0.37 Acres
      Chagrin Blvd, Woodmere, OH 44122
      View Details

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    Shaker Heights, OH 44122-3621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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