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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
29400 Cedar Rd Pepper Pike, OH 44124-4408
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-0113719
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
4,391 SF
Lot
0.98 ac (42,554 SF)
Zoning code
U-1A
APN
871-07-075
UPID
US66-0113719
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
$355k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Catholic Charities Hsng Corp · 6 yrs held
Catholic Charities Hsng Corp
since 2019
5 recorded transactions
Zoning & alternative use
U-1A · Pepper Pike, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Townhouse District (U-1A) is hereby established for the purpose of protecting property values of residential parcels along major streets impacted by higher density residential development in abutting communities, while serving as a buffer to existing single-family development within the City from development trends in abutting communities. These regulati…
Zone name
Townhouse District
General category
RESIDENTIAL
Zone area
37.90 ac
Source
Realmo
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 Pepper Pike submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pepper Pike 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
$355,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$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
$2,008
Tax year 2023
Assessed value
$215,990
Assessed 2023
Previous assessed
$215,990
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$89,360
Assessed improvement
$126,630
Land market value
$255,300
Improvement market value
$361,800
Total market value
$617,100
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
1990
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
5
Bathrooms
2
Total area
4,391 SF
Lot
0.98 ac (42,554 SF)
Zoning code
U-1A
APN
871-07-075
UPID
US66-0113719
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-1A · Pepper Pike, OHZoning U-1A · permitted uses
U-1A · Pepper Pike, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Townhouse District (U-1A) is hereby established for the purpose of protecting property values of residential parcels along major streets impacted by higher density residential development in abutting communities, while serving as a buffer to existing single-family development within the City from development trends in abutting communities. These regulations will allow for flexibility in lot arrangement and building placement in order to provide for alternative single-family housing options within the development
Zone name
Townhouse District
General category
RESIDENTIAL
Zone area
37.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
5
Bathrooms
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Catholic Charities Hsng Corp
Entity
Free & Clear · 6 yrs held
Mailing address
1404 E 9TH ST, CLEVELAND, OH 44114-1740
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2019
—
Catholic Charities Hsng Corp
Cuyahoga Cnty Board Of Developmen
Correction Deed
related
—
Jul 1, 2019
—
Catholic Charities Hsng Corp
Cuyahoga Cnty Board Of Developmen
Grant Deed
related
—
Mar 6, 2019
—
Cuyahoga Cnty Board Of Develop
Cuyahoga Cnty Board Of Develop
Quit Claim Deed
related
—
Mar 17, 2015
$1,000
Cuyahoga County Board Of Developm
North Coast Cmnty Homes INC
Warranty Deed
related
—
Feb 20, 2004
$160,000
Joseph P Ditchman
North Coast Community Homes In
Grant Deed
—
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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