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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Apartment buildings
222 Euclid Ave Cleveland, OH 44114
Entity Owned
~
Est. High Equity
Property ID
US66-0131748
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1915
Total area
9,997 SF
Lot
0.68 ac (29,808 SF)
Zoning code
GR
APN
101-26-029
UPID
US66-0131748
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
Current use
Occupant on record · Public records
-
Calverton Consulting Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$479k
Blend (final)
Blend
$775k
Owner & transaction history
East Fourth Street Asset Holdings L
East Fourth Street Asset Holdings L
since 2025
7 recorded transactions
Zoning & alternative use
GR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+56.5%
Medical building
$1.1M
+46.9%
Neighborhood: shopping center
$1.0M
+36.9%
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
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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$740,000
Current use
OFFICE BUILDING
$1,160,000
Change: +57% · Conversion: Moderate
MEDICAL BUILDING
$1,085,000
Change: +47% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,015,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$890,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$830,000
Change: +12% · Conversion: Moderate
RETAIL STORES
$640,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$78 / 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
$7,515
Tax year 2023
Assessed value
$75,250
Assessed 2023
Previous assessed
$75,250
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$75,250
Land market value
$215,000
Total market value
$215,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1915
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
9,997 SF
Lot
0.68 ac (29,808 SF)
Zoning code
GR
APN
101-26-029
UPID
US66-0131748
Jurisdiction
CUYAHOGA
Zoning & alternative use
GR · Cleveland, OH
Zoning GR · permitted uses
GR · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$740,000
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$830,000
RETAIL STORES
Est. value
$640,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
East Fourth Street Asset Holdings L
Entity
Mailing address
100 N PACIFIC COAST HWY #2050, EL SEGUNDO, CA 90245-4359
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
—
East Fourth Street Asset Holdings L
—
Deed
related
$38,000,000 · Argentic Real Estate Finance 2 LLC
Sep 18, 2025
—
East Fourth Street Asset Holdings L
W T Grant Retail LLC
Quitclaim Deed
related
—
May 31, 2024
—
Wpoi Grant Apartments LLC
Wt Grant Apartments LLC
Limited Warranty Deed
—
Aug 1, 2022
—
Wt Grant Apartments LLC
—
Deed
related
$11,808,000 · Thorofare Asset Based Lending Reit Fund
Apr 22, 2021
—
W T Grant Retail LLC
Ajappir LLC
Quitclaim Deed
related
—
Apr 13, 2021
—
W T Grant Retail LLC
Ajappjr LLC
Quit Claim Deed
related
—
Dec 31, 2019
—
Ajappjr LLC
236 Euclid LLC
Grant Deed
related
—
Aug 6, 2019
$9,920,000
Wt Grant Apartments LLC
Interwest Wt Partners LLC
Trustees Deed
$10,960,000 · Ladder Cap Fin
Aug 17, 2010
—
Interwest Wt Partners LLC
—
Deed Of Trust
related
$4,000,000 · Greystone Servicing Corp
Apr 29, 2009
—
Interwest Wt Partners LLC
Interwest Capital Spv
Quit Claim Deed
related
—
Apr 29, 2009
$1,994,700
Interwest Capital Spv
222 Euclid LLC
Warranty Deed
related
—
Sep 24, 2003
$127,500
240 Euclid LLC
Donovan,victoria
Grant Deed
—
Sep 24, 2003
—
240 Euclid LLC
Donovan,victoria
Grant Deed
related
—
Dec 20, 2002
—
222 Euclid LLC
Lower Euclid Avenue LLC
Quit Claim Deed
related
—
Dec 13, 2002
—
Lower Euclid Avenue LLC
222 Euclid LLC
Quit Claim Deed
related
—
Oct 29, 2002
—
222 Euclid LLC
—
Trustees Deed
related
$5,398,000 · Huntington National Bank
Apr 1, 2002
$1,798,500
222 Euclid LLC
222 Euclid Avenue Trust
Grant Deed
related
$1,798,480 · Lewis-baker LLC
Mar 18, 2002
—
Thomas M Shane
Lewis-baker LLC
Grant Deed
related
—
Sep 15, 1997
$165,000
Lewis-baker LLC
Mutual Life Insurance Co Ny
Grant Deed
—
—
—
Interwest Wt Partners LLC
—
Deed Of Trust
related
$4,000,000 · Berkadia Commercial Mortgage
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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