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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Office buildings
24251 Lk Shr Blvd Euclid, OH 44123-1220
Entity Owned
24-yr Hold
Free & Clear
Property ID
US66-2006618
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
WOOD
Total area
4,065 SF
Lot
0.15 ac (6,751 SF)
Zoning code
U3
APN
644-05-013
UPID
US66-2006618
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
$495k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$705k
Owner & transaction history
Coastline Investments Ltd · 24 yrs held
Coastline Investments Ltd
since 2001
2 recorded transactions
Zoning & alternative use
U3 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
VEN - Zoning Districts; Map TITLE NINE - Zoning Use Districts CHAPTER 1351 U1 Single-Family House Districts CHAPTER 1352 U1 and U2 Residential Districts CHAPTER 1353 U2 Two-Family House Districts (Repealed) CHAPTER 1354 U3 Multiple Family Residential District CHAPTER 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Distri…
Zone name
Apartment House District
General category
RESIDENTIAL
Zone area
400.99 ac
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 Euclid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Euclid 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
$495,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$173 / 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
$18,630
Tax year 2023
Assessed value
$169,860
Assessed 2023
Previous assessed
$169,860
+0.0% YoY
Effective rate
10.97%
On assessed value
Assessed land
$13,270
Assessed improvement
$156,590
Land market value
$37,900
Improvement market value
$447,400
Total market value
$485,300
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
2003
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
4,065 SF
Lot
0.15 ac (6,751 SF)
Zoning code
U3
APN
644-05-013
UPID
US66-2006618
Jurisdiction
CUYAHOGA
Zoning & alternative use
U3 · Euclid, OHZoning U3 · permitted uses
U3 · Euclid, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
VEN - Zoning Districts; Map TITLE NINE - Zoning Use Districts CHAPTER 1351 U1 Single-Family House Districts CHAPTER 1352 U1 and U2 Residential Districts CHAPTER 1353 U2 Two-Family House Districts (Repealed) CHAPTER 1354 U3 Multiple Family Residential District CHAPTER 1355 U3 Apartment House Districts(Repealed) CHAPTER 1356 U3E Elevator Apartment House Districts (Repealed) CHAPTER 1357 U3EL Senior Citizens Use Districts CHAPTER 1358 ASF At
Zone name
Apartment House District
General category
RESIDENTIAL
Zone area
400.99 ac
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
Coastline Investments Ltd
Entity
Free & Clear · 24 yrs held
Mailing address
4420 SHERWIN RD, WILLOUGHBY, OH 44094-7994
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2001
$9,000
Coastline Investments Ltd
Oblak,marie
Grant Deed
—
—
—
Coastline Investments Ltd
—
Deed Of Trust
related
$768,000 · Park View Fsb
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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