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    Property profile & analytics

    227 Mariners Cir, Unit B Sheffield Lake, OH 44054-3026

    • Apartment buildings
    • 28,371 SF
    • 15.71 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 10, 2022
    Location Intelligence
    Property ID
    US66-2543993
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 227 Mariners Cir

    Year built
    2001
    Lot size
    15.71 lot acres
    Property size
    28,371 SF
    Property type
    Apartment buildings
    APN
    03-00-045-102-065
    APU
    300045102065

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.129
    Latitude
    41.4803
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $399,044
    $329,910
    $5,299,315
    $5,629,225
    -
    $942,600
    $15,140,900
    $16,083,500

    Comparable in this City

    • Value Estimation by Request
      3,650 SF

      690 Harris Rd, Unit A1

      APARTMENT HOUSE (5+ UNITS) • 3,650 SF
      690 Harris Rd, Sheffield Lake, OH 44054-1449
      View Details
    • Value Estimation by Request
      3,650 SF

      690 Harris Rd, Unit B1

      APARTMENT HOUSE (5+ UNITS) • 3,650 SF
      690 Harris Rd, Sheffield Lake, OH 44054-1451
      View Details
    • Value Estimation by Request
      3,130 SF

      5273 Clover Dr

      APARTMENT HOUSE (5+ UNITS) • 3,130 SF
      5273 Clover Dr, Sheffield Lake, OH 44054
      View Details
    • Value Estimation by Request
      10,428 SF

      5487 Waterford Cir

      APARTMENT HOUSE (5+ UNITS) • 10,428 SF
      5487 Waterford Cir, Sheffield Lake, OH 44054
      View Details
    • Value Estimation
      $440,000
      9,436 SF

      370 Irving Park Blvd, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 9,436 SF
      370 Irving Park Blvd, Sheffield Lake, OH 44054-1656
      View Details
    • Value Estimation by Request
      6,776 SF

      5349 Sanctuary Ln

      APARTMENT HOUSE (5+ UNITS) • 6,776 SF
      5349 Sanctuary Ln, Sheffield Lake, OH 44054-3103
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Sheffield Crossing Retail Space

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    227 Mariners Cir, Unit B
    Sheffield Lake, OH 44054-3026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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