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Property profile & analytics
FOR LEASE
Office buildings
3637 Medina Rd Medina, OH 44256
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-1200791
For Lease
1 / 16
$300/Mo
3637 Medina Rd, Medina, OH 44256
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
38,475 SF
Lot
1.97 ac (85,987 SF)
APN
026-06D-32-275
UPID
US66-1200791
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. Gregory E. Kramer, DDS Dental Office
-
Guild CPO Painting
-
Dr. Carol L. Ricci, DDS Dental Office
-
Michael A. Goyette DDS, Inc. Dental Office
-
Michael A. Goyette, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.64M
Blend (final)
Blend
$3.78M
Owner & transaction history
Department Of Transportation · 6 yrs held
Department Of Transportation
since 2019
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.5M
+31.2%
Commercial (general)
$4.6M
+9.8%
Auto repair, garage
$4.5M
+7.2%
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 Medina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medina 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
$4,200,000
Current use
RETAIL STORES
$5,505,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,610,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,500,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,690,000
Change: -12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,365,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.78M
Range $3.40M – $4.15M · ±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
$98 / 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
$73,348
Tax year 2023
Assessed value
$1,212,160
Assessed 2023
Previous assessed
$1,212,160
+0.0% YoY
Effective rate
6.05%
On assessed value
Assessed land
$170,500
Assessed improvement
$1,041,660
Land market value
$487,140
Improvement market value
$2,976,160
Total market value
$3,463,300
Applied tax rate
26.0000
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
For Lease
Year built
1982
Heating
YES
Cooling
YES
Stories
3
Total area
38,475 SF
Lot
1.97 ac (85,987 SF)
APN
026-06D-32-275
UPID
US66-1200791
Jurisdiction
MEDINA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.2M
RETAIL STORES
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1982
Heating
YES
Cooling
Yes
Stories
3
Lot
1.97 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 6 yrs held
Mailing address
3637 MEDINA RD STE #350, MEDINA, OH 44256-8184
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2019
$4,646
Department Of Transportation
Reserve Park 1 LLC
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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