Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Parking lots & garages
25124 Detroit Rd Westlake, OH 44145
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-6026095
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1966
Total area
651 SF
Lot
8.5 ac (370,260 SF)
Zoning code
IS
APN
213-09-023
UPID
US66-6026095
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
$2.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Patrick Obrien JR Chevrolet II · 6 yrs held
Patrick Obrien JR Chevrolet II
since 2020
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
IS · Westlake, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Interchange Services Districts is intended to promote convenient areas directly related to the freeway interchanges to serve the needs of through and local motorists.
Zone name
Interchange Services
General category
UNKNOWN
Zone area
141.32 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 Westlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westlake 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
$2,275,000
ML approach
$2,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±10% · vs last sale $2.49M (Jan 17 2020)
Last sale anchor
$2.49M
Jan 17 2020
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
$3,556 / 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
$66,766
Tax year 2023
Assessed value
$962,500
Assessed 2023
Previous assessed
$962,500
+0.0% YoY
Effective rate
6.94%
On assessed value
Assessed land
$777,560
Assessed improvement
$184,940
Land market value
$2,221,600
Improvement market value
$528,400
Total market value
$2,750,000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1966
Heating
NONE
Stories
1
Total area
651 SF
Lot
8.5 ac (370,260 SF)
Zoning code
IS
APN
213-09-023
UPID
US66-6026095
Jurisdiction
CUYAHOGA
Zoning & alternative use
IS · Westlake, OHZoning IS · permitted uses
IS · Westlake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Interchange Services Districts is intended to promote convenient areas directly related to the freeway interchanges to serve the needs of through and local motorists.
Zone name
Interchange Services
General category
UNKNOWN
Zone area
141.32 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Stories
1
Lot
8.5 ac
Current owner
From public records · entity-resolved
Patrick Obrien JR Chevrolet II
Individual
Mailing address
2315 STATE RD, VERMILION, OH 44089-9106
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Sg Real Property Of Westlake LLC
—
Deed
related
$5,825,000 · Key Bank NA
Jan 17, 2020
$2,486,200
Patrick Obrien JR Chevrolet II
Pobjan V LLC
Grant Deed
$9,880,000 · Keybank USA
Jan 10, 2013
—
Pobjan V LLC
—
Deed Of Trust
related
$7,800,000 · Key Bank NA
Oct 1, 2012
—
Pobjan V LLC
Pobjan V LLC
Quit Claim Deed
related
—
Apr 12, 2012
—
Patrick O'brien JR.
—
Deed Of Trust
related
$6,095,082 · Key Bank NA
Mar 16, 2012
$4,500,000
Pobjan V LLC
Mullinax,charles E & Janet
Warranty Deed
—
Jan 9, 2006
$2,975,000
Charles E Mullinax
Fairchild Properties LLC
Grant Deed
—
Oct 28, 1999
$1,195,000
Fairchild Properties LLC
Miller,joseph J
Grant Deed
$1,400,000 · Fifth Third Bank Ne Ohio
—
—
Pobjan V LLC
—
Loan Modification
related
$10,250,000 · Key Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 25124 Detroit Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
