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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Retail space
2765 Frnt St 2779 Cuyahoga Falls, OH 44221-1904
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2695706
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
12,480 SF
Lot
0.31 ac (13,504 SF)
APN
02-04140
UPID
US66-2695706
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
$895k
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Istocki Properties LLC · 2 yrs held
Istocki Properties LLC
since 2023
Last sale
$975,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+81.6%
Auto repair, garage
$1.2M
+62.2%
Neighborhood: shopping center
$1.2M
+52.4%
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 Cuyahoga Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cuyahoga 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
$905,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,215,000
7%
$1,130,000
Alternative Use
Use
Estimation
RETAIL STORES
$765,000
Current use
RESTAURANT
$1,390,000
Change: +82% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,240,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,165,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$1,015,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$1,010,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$845,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$790,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $975k (Dec 6 2023)
Last sale anchor
$975k
Dec 6 2023
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
$75 / 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
$14,174
Tax year 2023
Assessed value
$187,620
Assessed 2023
Previous assessed
$187,620
+0.0% YoY
Effective rate
7.55%
On assessed value
Assessed land
$28,730
Assessed improvement
$158,890
Land market value
$82,070
Improvement market value
$453,980
Total market value
$536,050
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
12,480 SF
Lot
0.31 ac (13,504 SF)
APN
02-04140
UPID
US66-2695706
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$765,000
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$845,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$790,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1966
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
Istocki Properties LLC
Entity
Mailing address
120 S WATER ST, KENT, OH 44240-3524
Ownership since
2023
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 6, 2023
$975,000
Istocki Properties LLC
Joel Dimengo
Deed
$681,549 · Consumers National Bank
Sep 10, 2021
—
Joel Dimengo
Estate Of Veronica E Dimengo
Certificate Of Transfer
—
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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