Technical
Financial
Distress signals
Property profile

24510 Sperry Dr Westlake, OH 44145

OFF-MARKET
Office buildings
Property ID
US66-5550873
2,800 SF 0.43 ac lot Built 1969
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction TYPE NOT SPECIFIED
Total area 2,800 SF
Lot 0.43 ac (18,907 SF)
Zoning code EI
APN 214-01-025
UPID US66-5550873

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24510 Sperry Dr Westlake, OH 44145-1531
Westlake metro Census 189105 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k

Owner & transaction history

since 2021
Last sale
$425,000
6 recorded transactions
2021
$425,000
2021
Price N/A
2013
$240,000
2008
$285,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EI · Westlake, OH
Zoning description

Exclusive Industrial Districts near the freeway system for uses which generate relatively large volumes of traffic, so as to be accessible to a large labor force and consumers throughout the region.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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