Technical
Financial
Distress signals
Property profile

3540 Lee Rd Shaker Heights, OH 44120

OFF-MARKET
Office buildings
Property ID
US66-2790540
4,928 SF 2.1 ac lot Built 1955
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Construction TYPE NOT SPECIFIED
Total area 4,928 SF
Lot 2.1 ac (91,432 SF)
Zoning code CM
APN 735-25-031
UPID US66-2790540

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3540 Lee Rd Shaker Heights, OH 44120
Shaker Heights metro Census 183603 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$650k
Blend (final) Blend
$345k

Owner & transaction history

since 2005
2 recorded transactions
2005
$433,334
2005
$433,334

Zoning & alternative use

CM · Shaker Heights, OH
Zoning description

District is to encourage a compact mix of retail, service, office, housing and public activities to coexist in a manner that reflects human scale and emphasizes pedestrian orientation, taking advantage of the convenience…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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