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Property profile & analytics
OFF-MARKET
Estimated value
$5,900,000
Office buildings
28790 Chagrin Blvd Woodmere, OH 44122-4638
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-2246325
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
TYPE NOT SPECIFIED
Total area
16,005 SF
Lot
0.32 ac (14,040 SF)
Zoning code
U-3
APN
891-10-018
UPID
US66-2246325
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
$5.90M
CAP Approach
CAP
$3.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.90M
Owner & transaction history
Jpmorgan Chase Bank National Associ · 2 yrs held
Jpmorgan Chase Bank National Associ
since 2024
Last sale
$5.9M
4 recorded transactions
Zoning & alternative use
U-3 · Woodmere, 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 Woodmere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodmere 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
$5,900,000
ML approach
$5,900,000
CAP Approach
CAP Return
Estimation
6%
$3,870,000
6.5%
$3,575,000
7%
$3,320,000
Blend value · Realmo final
$5.90M
Range $5.31M – $6.49M · ±10% · vs last sale $5.90M (May 2 2024)
Last sale anchor
$5.90M
May 2 2024
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
$369 / 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
$29,128
Tax year 2023
Assessed value
$371,700
Assessed 2023
Previous assessed
$371,700
+0.0% YoY
Effective rate
7.84%
On assessed value
Assessed land
$51,100
Assessed improvement
$320,600
Land market value
$146,000
Improvement market value
$916,000
Total market value
$1,062,000
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
1973
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
16,005 SF
Lot
0.32 ac (14,040 SF)
Zoning code
U-3
APN
891-10-018
UPID
US66-2246325
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-3 · Woodmere, OH
Zoning U-3 · permitted uses
U-3 · Woodmere, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodmere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jpmorgan Chase Bank National Associ
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 35605TH DALLAS
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2024
$5,900,000
Jpmorgan Chase Bank National Associ
Chagrin Belmont LLC
Limited Warranty Deed
—
Jun 30, 2021
—
Chagrin Belmont LLC
Al Siegal Investment Co LLC
Warranty Deed
—
May 18, 2021
—
Al Siegal Investment Co LLC
Michael I Siegal
Intrafamily Transfer
related
—
Dec 18, 2019
—
Siegal,laura Living Trust
Laura Siegal
Quit Claim Deed
related
—
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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