OFF-MARKET
Office buildings
Trust Owned
17-yr Hold
Free & Clear
Trust Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
TYPE NOT SPECIFIED
Total area
3,960 SF
Lot
0.55 ac (24,055 SF)
Zoning code
MMUD-3
APN
118-14-027
UPID
US66-2557813
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$405k
Owner & transaction history
since 2009
1 recorded transaction
Zoning & alternative use
MMUD-3 · Cleveland, OH
Zoning description
A Midtown Mixed Use District and its regulations are established in order to permit and encourage an intensity and mix of development that supports and implements the development policies that have been established for t…
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$405k
Value range
$365k – $446k
±10% around blend
Estimated value / SF
$102 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
$365k
blend $405k
$446k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,960 SF
Lot area
0.55 ac
Year built
1949
Stories
2
APN
118-14-027
Assessed value
$99,020
Annual tax
$9,889
3
Income approach: direct capitalization
Partial preview
Income approach indication
$885k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$960k
@ 6.5% CAP return
$885k
@ 7% CAP return
$820k
4
Sales comparison
Partial preview
Sales approach indication
$1.42M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.3 mi away · 4,995 SF
6.2 mi away · 2,880 SF
7.3 mi away · 3,862 SF
7.5 mi away · 4,501 SF
7.8 mi away · 4,032 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$405k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 19 sales
$155
-34%
Submarket 666 sales
$162
-37%
County 697 sales
$163
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $102/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$99k
Move the market yield to see immediate price impact.
Value / SF
$25
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$6k
$125k
$89k
$69k
$7k
$139k
$99k
$77k
$8k
$152k
$109k
$85k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$253k
4.4 mi · Nov 2025 · $84/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,889
Tax year 2023
Assessed value
$99,020
Assessed 2023
Previous assessed
$99,020
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$46,310
Assessed improvement
$52,710
Land market value
$132,300
Improvement market value
$150,600
Total market value
$282,900
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1949
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
3,960 SF
Lot
0.55 ac (24,055 SF)
Zoning code
MMUD-3
APN
118-14-027
UPID
US66-2557813
Jurisdiction
CUYAHOGA
Zoning & alternative use
MMUD-3 · Cleveland, OHZoning MMUD-3 · permitted uses
MMUD-3 · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
A Midtown Mixed Use District and its regulations are established in order to permit and encourage an intensity and mix of development that supports and implements the development policies that have been established for t…
General category
MIXED_USE
Building & site characteristics
From public records
Year built
1949
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Lot
0.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MMUD-3
MIXED_USE
Jurisdiction
Cleveland, OH
Recorded code
MMUD-3
Official district
MMUD-3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MMUD-3 in Cleveland, OH.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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