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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Specialty properties
27349 Miles Rd Chagrin Falls, OH 44022-2133
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0164680
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
15,166 SF
Lot
2.62 ac (113,952 SF)
Zoning code
U-4
APN
901-09-005
UPID
US66-0164680
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
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$2.03M
Owner & transaction history
Realty Income Properties 13 LLC · 4 yrs held
Realty Income Properties 13 LLC
since 2022
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
U-4 · Chagrin Falls, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+74.8%
Commercial (general)
$1.6M
+31.5%
Restaurant
$1.6M
+29.4%
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 Chagrin Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chagrin Falls 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
$1,800,000
ML approach
$2,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$1,245,000
Current use
OFFICE BUILDING
$2,175,000
Change: +75% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,635,000
Change: +31% · Conversion: Difficult
RESTAURANT
$1,610,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,565,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±10% · vs last sale $2.35M (Apr 14 2022)
Last sale anchor
$2.35M
Apr 14 2022
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
$134 / 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
$70,846
Tax year 2023
Assessed value
$859,920
Assessed 2023
Previous assessed
$859,920
+0.0% YoY
Effective rate
8.24%
On assessed value
Assessed land
$284,760
Assessed improvement
$575,160
Land market value
$813,600
Improvement market value
$1,643,300
Total market value
$2,456,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
15,166 SF
Lot
2.62 ac (113,952 SF)
Zoning code
U-4
APN
901-09-005
UPID
US66-0164680
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-4 · Chagrin Falls, OH
Zoning U-4 · permitted uses
U-4 · Chagrin Falls, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chagrin Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
VETERINARY, ANIMAL HOSPITAL Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
2006
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.62 ac
Current owner
From public records · entity-resolved
Realty Income Properties 13 LLC
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
$2,349,094
Realty Income Properties 13 LLC
Nva Re LLC
Limited Warranty Deed
—
Apr 14, 2022
—
Petsuites Of America LLC
Realty Income Properties 13 LLC
Lease
—
Jun 17, 2019
$2,339,897
Nva Re LLC
Barkley Of Cleveland LLC
Grant Deed
—
Dec 12, 2005
$695,000
Barkley Of Cleveland LLC
Sharona Investments LLC
Grant Deed
$1,528,350 · Key Bank NA
—
—
Barkley Of Cleveland LLC
—
Deed Of Trust
related
$944,000 · Growth Capital Corp
—
—
Barkley Of Cleveland LLC
—
Deed Of Trust
related
$74,628 · Orange Village
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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