Technical
Financial
Distress signals
Property profile

3605 Lee Rd Shaker Heights, OH 44120

OFF-MARKET
Office buildings
Property ID
US66-5647597
2,560 SF 0.26 ac lot Built 1952
Individually Owned 27-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Construction WOOD
Total area 2,560 SF
Lot 0.26 ac (11,200 SF)
Zoning code C3
APN 735-27-016
UPID US66-5647597

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Association Or Organization
  • Business To Business Service

Location

3605 Lee Rd Shaker Heights, OH 44120-5108
Shaker Heights metro Census 183604 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 1999
3 recorded transactions
1999
$75,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 · Shaker Heights, OH
Zoning description

District is to provide an environment for a range of business enterprises such as small scale research, distributing and technical uses that do not produce environmental impacts or nuisances or otherwise create nuisances…

General category COMMERCIAL

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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