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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Medical Office Space
36855 American Way Ste A Avon, OH 44011-4055
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2712677
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
4,730 SF
Lot
1 ac (43,560 SF)
APN
04-00-009-701-001
UPID
US66-2712677
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. Elaheh Zarchi, DDS Dental Office
-
Crowell Carolyn B Dental Office
-
Dr. Charissa K. Mccune, DDS Dental Office
-
Weston Dental Dental Office
-
Dr. Maria Elena Ramirez, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$451k
Blend (final)
Blend
$670k
Owner & transaction history
Altus American Way LLC · 3 yrs held
Altus American Way LLC
since 2022
Last sale
$827,750
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$455,000
+3.8%
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
$650,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$440,000
Current use
OFFICE BUILDING
$455,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $828k (Oct 6 2022)
Last sale anchor
$828k
Oct 6 2022
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
$142 / 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
$20,326
Tax year 2023
Assessed value
$316,614
Assessed 2023
Previous assessed
$316,614
+0.0% YoY
Effective rate
6.42%
On assessed value
Assessed land
$52,500
Assessed improvement
$264,114
Land market value
$150,000
Improvement market value
$754,610
Total market value
$904,610
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
2005
Heating
YES
Stories
1
Units
1
Total area
4,730 SF
Lot
1 ac (43,560 SF)
APN
04-00-009-701-001
UPID
US66-2712677
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$455,000
MEDICAL BUILDING Current
OFFICE 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
2005
Heating
YES
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Altus American Way LLC
Entity
Mailing address
5800 LANDERBROOK DR, MAYFIELD HTS, OH 44124-6509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Aug 14, 2025
—
Altus American Way LLC
—
Deed
related
$14,300,000 · Citizens Bank NA
Oct 6, 2022
$827,800
Altus American Way LLC
Brady Cam I LLC
Limited Warranty Deed
$1,096,500 · The Huntington National Bank
Aug 22, 2014
—
Brady-cam I LLC
—
Grant Deed
related
$1,640,000 · Lorain Nat'l Bk
May 10, 2010
—
Brady-cam I LLC
—
Deed Of Trust
related
$1,462,000 · Firstmerit Bank NA
—
—
Brady-cam I LLC
—
Deed Of Trust
related
$4,935,000 · Lorain Nat'l Bk
—
—
Brady Cam I LLC
—
Deed Of Trust
related
$2,500,000 · Northwest Bk
—
—
Brady-cam I LLC
—
Deed Of Trust
related
$1,670,000 · Lorain National 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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