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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Residential income homes
2800 Van Aken Blvd, Cleveland, OH 44120-2295
Individually Owned
12-yr Hold
Property ID
US66-1403811
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1920
Construction
WOOD
Total area
11,241 SF
Lot
0.33 ac (14,280 SF)
Zoning code
MF-2
APN
144-09-015
UPID
US66-1403811
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$535k
Owner & transaction history
Charles Pinkney · 12 yrs held
Charles Pinkney
since 2013
7 recorded transactions
Zoning & alternative use
MF-2 · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$720,000
+87.9%
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$385,000
Current use
RETAIL STORES
$720,000
Change: +88% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$48 / 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
$16,314
Tax year 2023
Assessed value
$125,520
Assessed 2023
Previous assessed
$125,520
+0.0% YoY
Effective rate
13.00%
On assessed value
Assessed land
$35,110
Assessed improvement
$90,410
Land market value
$100,300
Improvement market value
$258,300
Total market value
$358,600
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
HOT WATER
Cooling
NONE
Stories
3
Units
4
Bathrooms
8
Total area
11,241 SF
Lot
0.33 ac (14,280 SF)
Zoning code
MF-2
APN
144-09-015
UPID
US66-1403811
Jurisdiction
CUYAHOGA
Zoning & alternative use
MF-2 · Cleveland, OH
Zoning MF-2 · permitted uses
MF-2 · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$385,000
RETAIL STORES
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1920
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
4
Bathrooms
8
Lot
0.33 ac
Current owner
From public records · entity-resolved
Charles Pinkney
Individual
Mailing address
2800 VAN AKEN BLVD, CLEVELAND, OH 44120-2295
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2013
—
Charles Pinkney
Pinkney,charles & Betty K
Quit Claim Deed
related
—
May 22, 1998
—
Charles Pinkney
Pinkney,charles
Quit Claim Deed
related
$304,500 · Mortgage Lenders Network USA
—
—
Charles Pinkey
—
Deed Of Trust
related
$51,301 · Dollar Bank Fsb
—
—
Betty K Pinkney
—
Deed Of Trust
related
$333,600 · Bank Of America
—
—
Charles Pinkney
—
Deed Of Trust
related
$40,600 · Huntington National Bank
—
—
Charles J Pinkney
—
Deed Of Trust
related
$375,000 · Key Bank NA
—
—
Betty E Pinkney
—
Deed Of Trust
related
$29,000 · Key Bank NA
—
—
Betty K Pinkney
—
Deed Of Trust
related
$376,550 · Countrywide Home Loans INC
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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