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Property profile & analytics
OFF-MARKET
Residential income homes
22267 Sprague Rd Strongsville, OH 44149-1013
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-2520662
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Construction
WOOD
Total area
2,141 SF
Lot
0.46 ac (20,000 SF)
Zoning code
R1-75
APN
391-03-004
UPID
US66-2520662
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
Udi LLC · 12 yrs held
Udi LLC
since 2013
4 recorded transactions
Zoning & alternative use
R1-75 · Strongsville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the zone to promote One-family dwellings community based residential care facilities.
Zone name
One Family 75
General category
RESIDENTIAL
Zone area
7,209.58 ac
Source
Realmo
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 Strongsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strongsville 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
$3,052
Tax year 2023
Assessed value
$37,350
Assessed 2023
Previous assessed
$37,350
+0.0% YoY
Effective rate
8.17%
On assessed value
Assessed land
$16,380
Assessed improvement
$20,970
Land market value
$46,800
Improvement market value
$59,900
Total market value
$106,700
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
2,141 SF
Lot
0.46 ac (20,000 SF)
Zoning code
R1-75
APN
391-03-004
UPID
US66-2520662
Jurisdiction
CUYAHOGA
Zoning & alternative use
R1-75 · Strongsville, OHZoning R1-75 · permitted uses
R1-75 · Strongsville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the zone to promote One-family dwellings community based residential care facilities.
Zone name
One Family 75
General category
RESIDENTIAL
Zone area
7,209.58 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.46 ac
Current owner
From public records · entity-resolved
Udi LLC
Entity
Free & Clear · 12 yrs held
Mailing address
23425 COMMERCE PARK STE #102, BEACHWOOD, OH 44122-5848
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2014
—
Udi LLC
—
Grant Deed
related
$2,250,000 · Homebanc
Aug 30, 2013
$80,000
Udi LLC
Stehman,thomas E
Warranty Deed
—
Aug 30, 2013
—
Thomas E Stehman
Stehman,earl G
Affidavit Of Death
related
—
—
—
Udi LLC
—
Deed Of Trust
related
$300,000 · Dollar Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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