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Property profile & analytics
OFF-MARKET
Estimated value
$4,225,000
Medical Office Space
3574 Ctr Rd Brunswick, OH 44212-3618
Individually Owned
21-yr Hold
Free & Clear
Property ID
US66-1794720
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
34,195 SF
Lot
6.93 ac (301,740 SF)
Zoning code
COMMERCIAL
APN
003-18D-04-023
UPID
US66-1794720
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. Joel W. Godard, MD Physician
-
Scarcella Joseph B MD Physician
-
Dr. Robert J. Castele, MD Physician
-
Dr. Mohammad Alsharabati, MD Physician
-
Musal Susan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.23M
Owner & transaction history
Cleveland Clinic Foundation · 21 yrs held
Cleveland Clinic Foundation
since 2005
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Brunswick, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Maps | The City of Brunswick
Top alternative use upside
Restaurant
$6.7M
+17.1%
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 Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brunswick 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
MEDICAL BUILDING
$5,725,000
Current use
RESTAURANT
$6,705,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$4.23M
Range $3.80M – $4.65M · ±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
$124 / 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
$3,450
Tax year 2023
Assessed value
$5,409,000
Assessed 2023
Previous assessed
$5,409,000
+0.0% YoY
Effective rate
0.06%
On assessed value
Assessed land
$666,130
Assessed improvement
$4,742,870
Land market value
$1,903,220
Improvement market value
$13,551,060
Total market value
$15,454,280
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
34,195 SF
Lot
6.93 ac (301,740 SF)
Zoning code
COMMERCIAL
APN
003-18D-04-023
UPID
US66-1794720
Jurisdiction
MEDINA
Zoning & alternative use
COMMERCIAL · Brunswick, OHZoning COMMERCIAL · permitted uses
COMMERCIAL · Brunswick, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Maps | The City of Brunswick
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.7M
RESTAURANT
Est. value
$6.7M
MEDICAL BUILDING Current
RESTAURANT
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
2007
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
6.93 ac
Current owner
From public records · entity-resolved
Cleveland Clinic Foundation
Individual
Free & Clear · 21 yrs held
Mailing address
5001 ROCKSIDE RD STE #600, INDEPENDENCE, OH 44131-6803
Ownership since
2005
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
Oct 2, 2023
—
State Of Ohio
—
Deed
related
$300,000,000 · The Huntington National Bank
Jan 31, 2005
—
Cleveland Clinic Foundation
Zaremba Brunswick Assocs LLC
Grant Deed
related
—
Nov 9, 2004
$1,763,645
Cleveland Clinic Foundation
Zaremba Brunswick Assocs LLC
Grant Deed
—
Nov 9, 2004
—
Zaremba Brunswick Assocs LLC
City Of Brunswick Ohio
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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