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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Office buildings
35000 Kaiser Ct Willoughby, OH 44094-3382
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-1569438
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
58,375 SF
Lot
3.58 ac (156,119 SF)
Zoning code
G-13
APN
27-A-007-0-00-014-0
UPID
US66-1569438
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
-
Dr. Philip J. Weiss, DDS Dental Office
-
Dr. Gerald B. Adelstein, DDS Dental Office
-
Waterlase Dental Laser Dental Office
-
Adelstein & Adelstein Dental Office
-
Heather R. Dupuis, OT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$2.70M
Owner & transaction history
Michael Downing Realty Ltd · 8 yrs held
Michael Downing Realty Ltd
since 2017
4 recorded transactions
Zoning & alternative use
G-13 · Willoughby, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
1131.02 USE REGULATIONS.
Top alternative use upside
Medical building
$4.1M
+18.3%
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 Willoughby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willoughby 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,470,000
Current use
MEDICAL BUILDING
$4,105,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$3,235,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,885,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±10%
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
$46 / 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
$71,560
Tax year 2023
Assessed value
$883,750
Assessed 2023
Previous assessed
$883,750
+0.0% YoY
Effective rate
8.10%
On assessed value
Assessed land
$209,620
Assessed improvement
$674,130
Land market value
$598,910
Improvement market value
$1,926,090
Total market value
$2,525,000
Applied tax rate
27.0000
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
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
58,375 SF
Lot
3.58 ac (156,119 SF)
Zoning code
G-13
APN
27-A-007-0-00-014-0
UPID
US66-1569438
Jurisdiction
LAKE
Zoning & alternative use
G-13 · Willoughby, OHZoning G-13 · permitted uses
G-13 · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
1131.02 USE REGULATIONS.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.58 ac
Current owner
From public records · entity-resolved
Michael Downing Realty Ltd
Entity
Free & Clear · 8 yrs held
Mailing address
1465 LK SHR DR S, BARRINGTON, IL 60010-3551
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
—
Gip Willoughby Property Owner LLC
—
Deed
related
$3,450,000 · Ih Cu INC
Oct 25, 2017
$2,525,000
Michael Downing Realty Ltd
Home Savings Bank
Warranty Deed
—
Mar 31, 2010
—
Home S & L Co Of Youngstown Oh
Northmark Associates LLC
Quit Claim Deed
related
—
Sep 4, 2003
—
Northmark Associates
Kotoch,norman J & Constance M
Grant Deed
$4,030,000 · Home Savings & Loan Youngstown
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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