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Property profile & analytics
OFF-MARKET
Turn key restaurants
2219 Broadview Rd Cleveland, OH 44109-4143
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0545176
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Construction
WOOD
Total area
4,950 SF
Lot
0.13 ac (5,850 SF)
Zoning code
LR
APN
014-19-027
UPID
US66-0545176
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
Manson,fred J · 19 yrs held
Manson,fred J
since 2007
5 recorded transactions
Zoning & alternative use
LR · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$5,565
Tax year 2023
Assessed value
$55,720
Assessed 2023
Previous assessed
$55,720
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$6,790
Assessed improvement
$48,930
Land market value
$19,400
Improvement market value
$139,800
Total market value
$159,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
HOT WATER
Cooling
NONE
Buildings
2
Stories
2
Units
2
Bathrooms
2
Total area
4,950 SF
Lot
0.13 ac (5,850 SF)
Zoning code
LR
APN
014-19-027
UPID
US66-0545176
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Manson,fred J
Individual
Mailing address
4445 STATE RD, CLEVELAND, OH 44109-4778
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2016
—
Fred J Manson
—
Deed
related
$182,822 · Us Bank NA Series 2007-2 (ce)
Feb 15, 2007
—
Manson,fred J
Manson,fred J & Marija A
Quit Claim Deed
related
$143,000 · Lehman Brothers Bk
May 11, 2001
$165,000
Fred J Manson
Burke,tama L & Jeffrey A
Grant Deed
$128,000 · National City Bank
Jan 31, 2000
$105,000
Tana L Burke
Blood,mary A
Grant Deed
$85,000 · Seller
—
—
Fred J Manson
—
Loan Modification
related
$182,822 · Us Bank NA Series 2007-2 (ce)
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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