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Property profile & analytics
OFF-MARKET
Office buildings
2735 Som Ctr Rd Willoughby Hills, OH 44094-9121
Entity Owned
~
Est. High Equity
Property ID
US66-5372928
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Total area
3,698 SF
Lot
3.21 ac (139,653 SF)
Zoning code
B
APN
31-A-011-C-00-008-0
UPID
US66-5372928
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Loreto Venture Group X Ltd
Loreto Venture Group X Ltd
since 2025
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
B · Willoughby Hills, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Willoughby Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willoughby Hills 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$28,001
Tax year 2023
Assessed value
$307,230
Assessed 2023
Previous assessed
$307,230
+0.0% YoY
Effective rate
9.11%
On assessed value
Assessed land
$91,670
Assessed improvement
$215,560
Land market value
$261,910
Improvement market value
$615,890
Total market value
$877,800
Applied tax rate
31.0000
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
1961
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,698 SF
Lot
3.21 ac (139,653 SF)
Zoning code
B
APN
31-A-011-C-00-008-0
UPID
US66-5372928
Jurisdiction
LAKE
Zoning & alternative use
B · Willoughby Hills, OHZoning B · permitted uses
B · Willoughby Hills, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
3.21 ac
Current owner
From public records · entity-resolved
Loreto Venture Group X Ltd
Entity
Mailing address
2735 SOM CTR RD, WILLOUGHBY HILLS, OH 44094-9121
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
$200,000
Loreto Venture Group X Ltd
Chowco LLC
Warranty Deed
—
Sep 30, 2025
—
Chowco LLC
Chowco LLC
Deed
related
—
Mar 7, 2024
—
691 Properties LLC
—
Deed
related
$409,000 · Mentor Economic Assistance Corporation
Aug 17, 2018
—
Chowco LLC
—
Deed
related
$555,000 · Pnc Bank NA
Dec 22, 2017
—
Chowco LLC
—
Grant Deed
related
$1,249,920 · Pnc Bk
Feb 10, 2012
—
Chowco LLC
—
Deed Of Trust
related
$1,056,000 · Huntington National Bank
May 11, 2004
—
Chowco LLC
Chowco
Quit Claim Deed
related
$1,200,000 · Home Savings & Loan Youngstown
Mar 26, 2002
—
Aem Properties INC
Chow Co
Grant Deed
related
—
—
—
Chowco LLC
—
Deed Of Trust
related
$269,000 · Huntington National Bank
—
—
Chowco
—
Deed Of Trust
related
$13,500 · Firstmerit Bank NA
—
—
Chowco LLC
—
Deed Of Trust
related
$105,000 · Firstmerit 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.
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