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Property profile & analytics
OFF-MARKET
Office buildings
37742 Euclid Ave Willoughby, OH 44094-5941
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-1348818
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1928
Construction
WOOD
Total area
3,264 SF
Lot
0.28 ac (12,001 SF)
Zoning code
LR-B
APN
27-A-018-B-00-039-0
UPID
US66-1348818
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
-
Del Sol Therapeutic Massage LLC Alternative Medicine Practice Spa & Massage Center
-
Brown Kenneth C DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kenneth C Brown
Kenneth C Brown
2 recorded transactions
Zoning & alternative use
LR-B · Willoughby, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide for the residential areas along Euclid Avenue near downtown that are undergoing change, in order to ensure that future non residential development is compatible with the existing character of the area.
Zone name
Limited Residential Business District
General category
COMMERCIAL
Zone area
33.02 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,688
Tax year 2023
Assessed value
$46,200
Assessed 2023
Previous assessed
$46,200
+0.0% YoY
Effective rate
12.31%
On assessed value
Assessed land
$14,700
Assessed improvement
$31,500
Land market value
$42,000
Improvement market value
$90,000
Total market value
$132,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1928
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,264 SF
Lot
0.28 ac (12,001 SF)
Zoning code
LR-B
APN
27-A-018-B-00-039-0
UPID
US66-1348818
Jurisdiction
LAKE
Zoning & alternative use
LR-B · Willoughby, OHZoning LR-B · permitted uses
LR-B · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide for the residential areas along Euclid Avenue near downtown that are undergoing change, in order to ensure that future non residential development is compatible with the existing character of the area.
Zone name
Limited Residential Business District
General category
COMMERCIAL
Zone area
33.02 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1928
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Kenneth C Brown
Individual
Mailing address
37742 EUCLID AVE, WILLOUGHBY, OH 44094-5941
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Kenneth C Brown
—
Deed Of Trust
related
$80,000 · Key Bank NA
—
—
Kenneth C Brown
—
Deed Of Trust
related
$80,000 · Key Bank NA
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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