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Property profile & analytics
FOR LEASE
Automotive properties
36845 Euclid Ave Willoughby, OH 44094
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-0860135
For Lease
1 / 2
$2,965,000
36845 Euclid Ave, Willoughby, OH 44094
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1968
Total area
26,198 SF
Lot
3.14 ac (136,953 SF)
Zoning code
L-1
APN
27-A-014-B-00-021-0
UPID
US66-0860135
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
-
Chrysler Dodge Jeep Ram of Willoughby Car Dealership Auto Repair Shop
-
Willoughby Accident Repair Center Auto Repair Shop
-
Adventure Auto Group Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$2.97M
Owner & transaction history
36845 Euclid LLC · 6 yrs held
36845 Euclid LLC
since 2019
4 recorded transactions
Zoning & alternative use
L-1 · Willoughby, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+71.1%
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 Willoughby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willoughby 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
AUTO REPAIR, GARAGE
$2,195,000
Current use
RESTAURANT
$3,755,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,105,000
Change: -4% · Conversion: Moderate
RETAIL STORES
$2,055,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$1,845,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.97M
Range $2.67M – $3.26M · ±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
$113 / 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
$109,210
Tax year 2023
Assessed value
$1,153,460
Assessed 2023
Previous assessed
$1,153,460
+0.0% YoY
Effective rate
9.47%
On assessed value
Assessed land
$150,630
Assessed improvement
$1,002,830
Land market value
$430,370
Improvement market value
$2,865,230
Total market value
$3,295,600
Applied tax rate
27.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Lease
Year built
1968
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
26,198 SF
Lot
3.14 ac (136,953 SF)
Zoning code
L-1
APN
27-A-014-B-00-021-0
UPID
US66-0860135
Jurisdiction
LAKE
Zoning & alternative use
L-1 · Willoughby, OH
Zoning L-1 · permitted uses
L-1 · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willoughby. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.2M
RESTAURANT
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1968
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.14 ac
Current owner
From public records · entity-resolved
36845 Euclid LLC
Entity
Mailing address
18180 ROCKSIDE RD, BEDFORD, OH 44146-2040
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2019
$3,850,000
36845 Euclid LLC
Willoughby Property Holdings LLC
Limited Warranty Deed
$3,080,000 · Ally Bank
Sep 27, 2019
—
Willoughby Prop Hldgs LLC
Halpert Chrysler-jeep INC
Quitclaim Deed
related
—
Jun 7, 2006
—
Willoughby Prop Holdings LLC
Halpert Sanford Trust
Grant Deed
related
—
Nov 1, 2004
—
Halpert Sanford Trust
Halpert,sanford
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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