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Property profile & analytics
OFF-MARKET
Specialty properties
31309 Wellner Rd Willowick, OH 44095-3705
Individually Owned
6-yr Hold
Free & Clear
Property ID
US66-2260242
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1954
Construction
WOOD
Total area
2,592 SF
Lot
0.17 ac (7,501 SF)
Zoning code
U1
APN
28-A-043-P-00-030-0
UPID
US66-2260242
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tanasijevic Ferris · 6 yrs held
Tanasijevic Ferris
since 2020
4 recorded transactions
Zoning & alternative use
U1 · Willowick, 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 Willowick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willowick 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$47
Tax year 2023
Assessed value
$46,060
Assessed 2023
Previous assessed
$46,060
+0.0% YoY
Effective rate
0.10%
On assessed value
Assessed land
$17,060
Assessed improvement
$29,000
Land market value
$48,750
Improvement market value
$82,860
Total market value
$131,610
Applied tax rate
28.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
2,592 SF
Lot
0.17 ac (7,501 SF)
Zoning code
U1
APN
28-A-043-P-00-030-0
UPID
US66-2260242
Jurisdiction
LAKE
Zoning & alternative use
U1 · Willowick, OH
Zoning U1 · permitted uses
U1 · Willowick, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willowick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Tanasijevic Ferris
Individual
Free & Clear · 6 yrs held
Mailing address
14221 BROADWAY AVE, GARFIELD HEIGHTS, OH 44125-1953
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Feb 11, 2020
$108,000
Tanasijevic Ferris
Susan Mroczka
Warranty Deed
—
Feb 20, 2018
—
North Coast Community Hms INC
—
Deed
related
$6,300 · Ohio Dept/developmental Disabi
—
—
North Coast Community Homes In
—
Deed Of Trust
related
$74,937 · Lake County Board Of Mental Re
—
—
North Coast Community Hms INC
—
Deed Of Trust
related
$6,300 · Ohio Dept/developmental Disabi
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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