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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Office buildings
22710 28th St Fairview Park, OH 44126
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US66-3505914
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
13,062 SF
Lot
0.46 ac (19,917 SF)
Zoning code
OB-2
APN
331-10-045
UPID
US66-3505914
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
$2.92M
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$2.53M
Owner & transaction history
Fairview Center Real Estate Holding
Fairview Center Real Estate Holding
since 2025
4 recorded transactions
Zoning & alternative use
OB-2 · Fairview Park, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+4.3%
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%
$3,160,000
6.5%
$2,915,000
7%
$2,710,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,115,000
Current use
RESTAURANT
$2,205,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±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
$194 / 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
$54,355
Tax year 2023
Assessed value
$521,610
Assessed 2023
Previous assessed
$521,610
+0.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$34,860
Assessed improvement
$486,750
Land market value
$99,600
Improvement market value
$1,390,700
Total market value
$1,490,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
13,062 SF
Lot
0.46 ac (19,917 SF)
Zoning code
OB-2
APN
331-10-045
UPID
US66-3505914
Jurisdiction
CUYAHOGA
Zoning & alternative use
OB-2 · Fairview Park, OH
Zoning OB-2 · permitted uses
OB-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
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
2007
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Fairview Center Real Estate Holding
Entity
Mailing address
7005 SHANNON WILLOW RD STE #100, CHARLOTTE, NC 28226-1302
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2025
$1,380,000
Fairview Center Real Estate Holding
Colan Properties LLC
Deed
$1,453,400 · The Huntington National Bank
Aug 25, 2003
—
Fairview Office Investment 1
Northern Ohio Office Const INC
Grant Deed
$750,000 · Huntington National Bank
Feb 27, 2003
—
Northern Ohio Office Const In
Fairview Office Associates LLC
Grant Deed
$1,600,000 · Huntington National Bank
—
—
Fairview Office Investment One
—
Deed Of Trust
related
$240,000 · Northern Ohio Office Construct
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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