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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Grocery and convenience stores
3350 116th St Cleveland, OH 44120-4343
Entity Owned
Free & Clear
Property ID
US66-1737458
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1963
Construction
TYPE NOT SPECIFIED
Total area
434 SF
Lot
0.38 ac (16,580 SF)
Zoning code
LR
APN
127-21-015
UPID
US66-1737458
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
Current use
Occupant on record · Public records
-
Valero - Q Gas & Grill Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Valero Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
3350 E 116th St Cleveland LLC
3350 E 116th St Cleveland LLC
since 2026
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
LR · 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
$975,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.20M (Feb 2 2022)
Last sale anchor
$1.20M
Feb 2 2022
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
$2,581 / 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
$13,983
Tax year 2023
Assessed value
$140,010
Assessed 2023
Previous assessed
$56,360
+148.4% YoY
Effective rate
9.99%
On assessed value
Assessed land
$12,430
Assessed improvement
$127,580
Land market value
$35,500
Improvement market value
$364,500
Total market value
$400,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1963
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
434 SF
Lot
0.38 ac (16,580 SF)
Zoning code
LR
APN
127-21-015
UPID
US66-1737458
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · 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
1963
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
3350 E 116th St Cleveland LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3333 RICHMOND RD STE #320, BEACHWOOD, OH 44122-4198
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2026
$375,000
3350 E 116th St Cleveland LLC
Cpsloh Cleveland LLC
Warranty Deed
—
Feb 2, 2022
$1,200,000
Cpsloh Cleveland LLC
Lalani Hyder
Warranty Deed
$900,000 · The Huntington National Bank
Jul 19, 2021
$400,000
Lalani Hyder
Moes & Zayna Corporation
Warranty Deed
—
Oct 7, 2020
$30,000
Moes & Zayna Corporation
7 Star LLC
Grant Deed
—
Sep 29, 2017
$113,000
7 Star LLC
Baker,barry
Grant Deed
—
Aug 6, 2015
$150,000
Rn 119 LLC
Rain Gas INC
Dual Purpose Document
related
$150,000 · Rain Gas INC
Oct 31, 2005
$350,000
Rain Gas INC
Cleveland Speedway INC
Warranty Deed
$600,000 · National Republic Bank Chicago
Jun 30, 2003
$75,000
Cleveland Speedway INC
Bagheri,amir A
Grant Deed
—
Dec 1, 1999
$75,000
Patricia A Darwish
Bagheri,amir A
Grant Deed
$65,000 · Seller
—
—
Cleveland Speedway INC
—
Deed Of Trust
related
$56,656 · Countywide Petroleum 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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