Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1943
Construction
WOOD
Total area
2,698 SF
Lot
0.94 ac (40,915 SF)
Zoning code
OB
APN
213-17-004
UPID
US66-5568659
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Handicapped Transportation Service Ambulance Service
-
Physician Medical Clinic
-
Corporate Office
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Insurance Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$683k
Blend (final)
Blend
$1.40M
Owner & transaction history
since 2021
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
OB · Westlake, OH
Zoning description
Office Building District is intended for both local and regional offices adjacent to business areas and accessible to residents and in which such uses are compatible with adjoining residential districts.
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.40M
Value range
$1.26M – $1.53M
±10% around blend
Estimated value / SF
$517 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
$1.26M
blend $1.40M
$1.53M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,698 SF
Lot area
0.94 ac
Year built
1943
Stories
2
APN
213-17-004
Zoning
OB
Assessed value
$232,330
Annual tax
$24,885
3
Income approach: direct capitalization
Partial preview
Income approach indication
$600k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$655k
@ 6.5% CAP return
$600k
@ 7% CAP return
$560k
4
Sales comparison
Partial preview
Sales approach indication
$446k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.2 mi away · 1,972 SF
1.2 mi away · 1,972 SF
1.8 mi away · 2,638 SF
3.9 mi away · 1,953 SF
6.0 mi away · 3,050 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.40M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 66 sales
$143
+261%
Submarket 666 sales
$162
+220%
County 697 sales
$163
+217%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $517/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
2.80%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$72k *
Last sale · Dec 2021
$1.03M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.56M
Move the market yield to see immediate price impact.
Value / SF
$950
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.30%2.80%3.30%
$65k
$2.81M
$2.31M
$1.96M
$72k
$3.12M
$2.56M
$2.17M
$79k
$3.43M
$2.82M
$2.39M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$190k
0.8 mi · Jan 2026 · $96/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,885
Tax year 2023
Assessed value
$232,330
Assessed 2023
Previous assessed
$232,330
+0.0% YoY
Effective rate
10.71%
On assessed value
Assessed land
$91,070
Assessed improvement
$141,260
Land market value
$260,200
Improvement market value
$403,600
Total market value
$663,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1943
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
1
Total area
2,698 SF
Lot
0.94 ac (40,915 SF)
Zoning code
OB
APN
213-17-004
UPID
US66-5568659
Jurisdiction
CUYAHOGA
Zoning & alternative use
OB · Westlake, OHZoning OB · permitted uses
OB · Westlake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Office Building District is intended for both local and regional offices adjacent to business areas and accessible to residents and in which such uses are compatible with adjoining residential districts.
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1943
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
1
Lot
0.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OB
COMMERCIAL
Jurisdiction
Westlake, OH
Recorded code
OB
Official district
OB
Official district profile
What the municipal code says about OB
Zoning description
Office Building District is intended for both local and regional offices adjacent to business areas and accessible to residents and in which such uses are compatible with adjoining residential districts.
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OB in Westlake, OH.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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