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Property profile & analytics
OFF-MARKET
Commercial real estate
31740 Cook Rd North Ridgeville, OH 44039-3451
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6032599
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Construction
FRAME
Total area
1,368 SF
Lot
0.96 ac (41,818 SF)
APN
07-00-004-110-038
UPID
US66-6032599
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
Fortunate One LLC · 4 yrs held
Fortunate One LLC
since 2022
Last sale
$93,500
7 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 North Ridgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Ridgeville 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
$8,037
Tax year 2023
Assessed value
$117,121
Assessed 2023
Previous assessed
$117,120
+0.0% YoY
Effective rate
6.86%
On assessed value
Assessed land
$17,518
Assessed improvement
$99,603
Land market value
$50,050
Improvement market value
$284,580
Total market value
$334,630
Applied tax rate
50.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
BASEBOARD
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
6
Bathrooms
1
Total area
1,368 SF
Lot
0.96 ac (41,818 SF)
APN
07-00-004-110-038
UPID
US66-6032599
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
1973
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
3
Rooms
6
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Fortunate One LLC
Entity
Mailing address
31740 COOK RD, NORTH RIDGEVILLE, OH 44039-3451
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
—
Fortunate One LLC
Charles A Stella
Quit Claim Deed
related
—
May 20, 2010
—
Charles A Stella
—
Trustees Deed
related
$75,000 · Huntington National Bank
Jan 18, 2007
$93,500
Charles A Stella
Michael,sylvia L
Warranty Deed
—
Sep 13, 2002
$101,000
Sylvia L Kurr
Dean,roseann H
Grant Deed
$80,800 · First Franklin Financial Corp
—
—
Charles A Stella
—
Deed Of Trust
related
$55,000 · Huntington National Bank
—
—
Sylvia L Kurr
—
Deed Of Trust
related
$104,000 · First Franklin Financial Corp
—
—
Sylvia L Kurr
—
Deed Of Trust
related
$26,000 · First Franklin Financial Corp
—
—
Charles A Stella
—
Deed Of Trust
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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