Technical
Financial
Distress signals
Property profile

38 Main St Chagrin Falls, OH 44022

OFF-MARKET
Office buildings
Property ID
US66-0714140
5,626 SF 0.12 ac lot Built 1963
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Construction WOOD
Total area 5,626 SF
Lot 0.12 ac (5,401 SF)
Zoning code CS
APN 932-07-032
UPID US66-0714140

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

38 Main St Chagrin Falls, OH 44022
Chagrin Falls metro Census 195900 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$990k
Comparable Approach Comparable
$813k
Blend (final) Blend
$860k

Owner & transaction history

since 2019
7 recorded transactions
2019
$1.8M
2011
$910,000
2005
$1.3M
2004
Price N/A
2003
$900,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CS · Chagrin Falls, OH
Zoning description

CS Limited Industrial LI Overlay Districts Residential Mixed Use RMU (Ord. 2019-39. Passed 8-13-19.) Share Download Bookmark Print 1119.02 ZONING MAP. The aforesaid districts are designated by symbols and the locations a…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.0M +18.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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