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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office buildings
315 Leavitt Rd Amherst, OH 44001-1126
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-1793795
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
2,583 SF
Lot
0.5 ac (21,780 SF)
APN
05-00-042-101-007
UPID
US66-1793795
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
$610k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$654k
Blend (final)
Blend
$610k
Owner & transaction history
315 N Leavitt Road LLC · 2 yrs held
315 N Leavitt Road LLC
since 2024
Last sale
$607,500
6 recorded transactions
Zoning & alternative use
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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$495,000
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $608k (Jun 18 2024)
Last sale anchor
$608k
Jun 18 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
$236 / 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
$12,894
Tax year 2023
Assessed value
$215,744
Assessed 2023
Previous assessed
$215,744
+0.0% YoY
Effective rate
5.98%
On assessed value
Assessed land
$45,892
Assessed improvement
$169,852
Land market value
$131,120
Improvement market value
$485,290
Total market value
$616,410
Applied tax rate
7.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
YES
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
2,583 SF
Lot
0.5 ac (21,780 SF)
APN
05-00-042-101-007
UPID
US66-1793795
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
YES
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
315 N Leavitt Road LLC
Entity
Free & Clear · 2 yrs held
Mailing address
315 N LEAVITT RD, AMHERST, OH 44001-1126
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$607,500
315 N Leavitt Road LLC
S & S LLC
Warranty Deed
—
Oct 17, 2022
—
S & S LLC
Richard Sweda
Quit Claim Deed
related
$349,000 · Buckeye Community Bank
Mar 7, 2022
—
Richard Sweda
S & S LLC
Quit Claim Deed
related
—
Mar 15, 2019
—
S & S LLC
Sweda,richard M & Sharon A
Quit Claim Deed
related
—
Apr 30, 2004
$136,000
Richard M Sweda
Villa Von Ltd
Grant Deed
$102,000 · Fifth Third Mortgage Co
Feb 4, 2003
—
Villa Von Ltd
Brandt,william R & Ilse V
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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