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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
36505 Detroit Rd Avon, OH 44011-1509
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1798572
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
3,660 SF
Lot
0.92 ac (40,075 SF)
APN
04-00-010-119-101
UPID
US66-1798572
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
-
Cleveland Eye Clinic Eye Care Center Ophthalmologist
-
Jennifer D. Killian, OD Physician
-
Dr. Bryan Costin Ophthalmologist
-
Kathleen Jee Physician
-
Dr. Charles Roseman Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Schabbett Avon Eye LLC · 2 yrs held
Schabbett Avon Eye LLC
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Avon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Apr 2 2024)
Last sale anchor
$700k
Apr 2 2024
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
$191 / 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
$11,366
Tax year 2023
Assessed value
$168,613
Assessed 2023
Previous assessed
$168,613
+0.0% YoY
Effective rate
6.74%
On assessed value
Assessed land
$52,973
Assessed improvement
$115,640
Land market value
$151,350
Improvement market value
$330,400
Total market value
$481,750
Applied tax rate
10.0000
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
1987
Heating
NONE
Stories
1
Units
1
Total area
3,660 SF
Lot
0.92 ac (40,075 SF)
APN
04-00-010-119-101
UPID
US66-1798572
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Schabbett Avon Eye LLC
Entity
Mailing address
36505 DETROIT RD, AVON, OH 44011-1509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$700,000
Schabbett Avon Eye LLC
K M Enterprise 2 LLC
Limited Warranty Deed
$560,000 · Park National Bank
Oct 5, 2022
—
K&m Enterprise 2 LLC
K&m Enterprise LLC
Quit Claim Deed
related
—
Jul 25, 2022
$690,000
K&m Enterprise LLC
Jacobs L Hommedieu Properties INC
Warranty Deed
—
Jul 1, 2022
$690,000
K&m Enterprises LLC
Jacobs L Hommedieu Properties INC
Warranty Deed
$550,000 · Liberty National Bank
—
—
Jacobs-lhommedieu Properties
—
Deed Of Trust
related
$900,000 · Buckeye Community Bank
—
—
Jacobs-lhommedieu Properties
—
Deed Of Trust
related
$360,000 · Buckeye Community Bank
—
—
Jacobs-lhommedieu Props INC
—
Deed Of Trust
related
$498,000 · Buckeye Community Bank
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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