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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Office buildings
29401 Ambina Dr, Solon, OH 44139-3953
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-2505221
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
TYPE NOT SPECIFIED
Total area
13,010 SF
Lot
1.55 ac (67,639 SF)
Zoning code
I-2
APN
953-19-004
UPID
US66-2505221
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
$1.77M
Blend (final)
Blend
$1.66M
Owner & transaction history
Provident Equities Of Ohio LLC · 9 yrs held
Provident Equities Of Ohio LLC
since 2017
7 recorded transactions
Zoning & alternative use
I-2 · Solon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+16.8%
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 Solon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solon 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
OFFICE BUILDING
$1,880,000
Current use
RESTAURANT
$2,195,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$128 / 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
$35,421
Tax year 2023
Assessed value
$388,820
Assessed 2023
Previous assessed
$388,820
+0.0% YoY
Effective rate
9.11%
On assessed value
Assessed land
$38,050
Assessed improvement
$350,770
Land market value
$108,700
Improvement market value
$1,002,200
Total market value
$1,110,900
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
1978
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
13,010 SF
Lot
1.55 ac (67,639 SF)
Zoning code
I-2
APN
953-19-004
UPID
US66-2505221
Jurisdiction
CUYAHOGA
Zoning & alternative use
I-2 · Solon, OH
Zoning I-2 · permitted uses
I-2 · Solon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Solon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
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
1978
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
Provident Equities Of Ohio LLC
Entity
Mailing address
29401 AMBINA DR, SOLON, OH 44139-3953
Ownership since
2017
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
Jun 15, 2017
$1,100,000
Provident Equities Of Ohio LLC
Co-ax Technology INC
Warranty Deed
related
$1,760,000 · Jp Morgan Chase Bk
Nov 12, 2013
—
Co-ax Technology INC
—
Grant Deed
related
$6,250,000 · Citizens Banking Co
Mar 7, 2012
—
Co-ax Technology INC
—
Deed Of Trust
related
$2,949,000 · Us Bank NA
Sep 1, 2009
—
Co-ax Technology INC
—
Deed Of Trust
related
$1,120,000 · Fifth Third Bank
Oct 19, 2004
—
Co-ax Technology INC
—
Trustees Deed
related
$510,000 · Key Bank NA
—
—
Co-ax Technology INC
—
Deed Of Trust
related
$784,000 · Citizens Banking Co
—
—
Co-ax Technology INC
—
Deed Of Trust
related
$784,000 · Citizens Bkng
—
—
Co-ax Technologies INC
—
Deed Of Trust
related
$50,000 · Key Bank NA
—
—
Co-ax Technology INC
—
Deed Of Trust
related
$296,000 · Key Bank NA
—
—
Co-ax Technology INC
—
Deed Of Trust
related
$643,135 · Key Bank NA
—
—
Co-ax Technology INC
—
Deed Of Trust
related
$880,000 · Fifth Third Bank
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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