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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Investment properties
3115 96th St Cleveland, OH 44102
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0542231
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Total area
1,680 SF
Lot
0.08 ac (3,267 SF)
Zoning code
2F
APN
005-24-032
UPID
US66-0542231
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
West9500 LLC · 9 yrs held
West9500 LLC
since 2017
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
2F · Cleveland, 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 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
$450,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $550k (Jul 22 2020)
Last sale anchor
$550k
Jul 22 2020
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
$313 / 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
$622
Tax year 2023
Assessed value
$6,230
Assessed 2023
Previous assessed
$6,230
+0.0% YoY
Effective rate
9.98%
On assessed value
Assessed land
$3,500
Assessed improvement
$2,730
Land market value
$10,000
Improvement market value
$7,800
Total market value
$17,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Heating
NONE
Stories
2
Rooms
10
Bathrooms
2
Total area
1,680 SF
Lot
0.08 ac (3,267 SF)
Zoning code
2F
APN
005-24-032
UPID
US66-0542231
Jurisdiction
CUYAHOGA
Zoning & alternative use
2F · Cleveland, OH
Zoning 2F · permitted uses
2F · 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.
Building & site characteristics
From public records
Year built
1905
Heating
NONE
Stories
2
Rooms
10
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
West9500 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
9500 LORAIN AVE #9514, CLEVELAND, OH 44102-4750
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
—
Pinnacle Properties Lorain LLC
—
Deed
related
$1,068,750 · First Commonwealth Bank
Mar 28, 2017
—
West9500 LLC
Coreno,gregory
Quit Claim Deed
related
—
Jul 15, 2016
—
West 9500 LLC
Coreno,gregory
Quit Claim Deed
related
—
May 9, 2016
$65,000
Gregory A Coreno
City Natl Bk
Grant Deed
—
Apr 1, 2013
—
City Natl Bk
Karaja INC
Warranty Deed
related
—
Feb 18, 2005
—
Wells Fargo Bank Mn NA
Provident Bank
Quit Claim Deed
related
—
Feb 18, 2005
$12,000
Karaja INC
Wells Fargo Bank Mn NA
Grant Deed
—
Apr 28, 2004
$28,000
Provident Savings Bank
Tearre Lyons
Trustees Deed
related
—
Jun 26, 2000
$74,000
Tearre Lyons
Baer,clyde A
Grant Deed
$62,700 · Ameriplex Mortgage Co
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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