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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Office buildings
26000 Lakeland Blvd Euclid, OH 44132-2638
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1405158
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
TYPE NOT SPECIFIED
Total area
12,210 SF
Lot
2.4 ac (104,526 SF)
Zoning code
U6
APN
648-10-001
UPID
US66-1405158
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
$2.86M
CAP Approach
CAP
$2.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
C&c Rahl Lakeland Properties LLC · 4 yrs held
C&c Rahl Lakeland Properties LLC
since 2021
Last sale
$2.2M
2 recorded transactions
Zoning & alternative use
U6 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+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 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
$2,965,000
ML approach
$2,860,000
CAP Approach
CAP Return
Estimation
6%
$2,955,000
6.5%
$2,725,000
7%
$2,530,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,975,000
Current use
RESTAURANT
$2,060,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±10% · vs last sale $2.18M (Dec 30 2021)
Last sale anchor
$2.18M
Dec 30 2021
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
$176 / 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
$39,952
Tax year 2023
Assessed value
$369,360
Assessed 2023
Previous assessed
$229,750
+60.8% YoY
Effective rate
10.82%
On assessed value
Assessed land
$83,130
Assessed improvement
$286,230
Land market value
$237,500
Improvement market value
$817,800
Total market value
$1,055,300
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
1980
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
12,210 SF
Lot
2.4 ac (104,526 SF)
Zoning code
U6
APN
648-10-001
UPID
US66-1405158
Jurisdiction
CUYAHOGA
Zoning & alternative use
U6 · Euclid, OH
Zoning U6 · permitted uses
U6 · Euclid, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Euclid. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.1M
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
1980
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
2.4 ac
Current owner
From public records · entity-resolved
C&c Rahl Lakeland Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8285 BELLE VERNON DR, NOVELTY, OH 44072-9705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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 30, 2021
$2,175,000
C&c Rahl Lakeland Properties LLC
Carl F Schaney
Warranty Deed
—
Mar 6, 2015
$1,375,000
Carl F Schaney
Xidar Ptshp
Grant Deed
—
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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