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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Medical Office Space
20800 Addington Blvd Fairview Park, OH 44126
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-1644067
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Construction
TYPE NOT SPECIFIED
Total area
40,475 SF
Lot
2.31 ac (100,500 SF)
Zoning code
GB-A
APN
323-34-009
UPID
US66-1644067
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
$1.38M
Blend (final)
Blend
$1.47M
Owner & transaction history
Clhsa Properties LLC · 7 yrs held
Clhsa Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
GB-A · Fairview Park, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fairview Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview Park 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$36 / 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
$14,768
Tax year 2023
Assessed value
$420,010
Assessed 2023
Previous assessed
$420,010
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$147,740
Assessed improvement
$272,270
Land market value
$422,100
Improvement market value
$777,900
Total market value
$1,200,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1963
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Stories
5
Total area
40,475 SF
Lot
2.31 ac (100,500 SF)
Zoning code
GB-A
APN
323-34-009
UPID
US66-1644067
Jurisdiction
CUYAHOGA
Zoning & alternative use
GB-A · Fairview Park, OH
Zoning GB-A · permitted uses
GB-A · Fairview Park, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairview Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
5
Lot
2.31 ac
Current owner
From public records · entity-resolved
Clhsa Properties LLC
Entity
Mailing address
3870 LINDEN RD, ROCKY RIVER, OH 44116-4016
Ownership since
2019
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
Nov 18, 2022
—
Cleveland Lutheran High School Assn
—
Deed
related
$11,600,000 · Lutheran Church Extension Fund Mo
Jul 12, 2019
$1,200,000
Clhsa Properties LLC
Medwest LLC
Warranty Deed
$1,200,000 · Lutheran Church Extension Fund
Aug 6, 2003
$1,200,000
Medwest LLC
Westgate Medical Building LP
Trustees Deed
related
—
—
—
Medwest LLC
—
Deed Of Trust
related
$1,387,500 · Home Savings & Loan Youngstown
—
—
Westgate Medical Building LP
—
Deed Of Trust
related
$300,000 · Dollar Bank Fsb
—
—
Medwest LLC
—
Deed Of Trust
related
$468,000 · National City 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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