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Property profile & analytics
OFF-MARKET
Office buildings
38 Riv St Chagrin Falls, OH 44022-3024
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-3103826
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1880
Construction
WOOD
Total area
1,837 SF
Lot
0.03 ac (1,435 SF)
Zoning code
CS
APN
932-06-054
UPID
US66-3103826
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
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
Chagrin Valley Little Theatre · 15 yrs held
Chagrin Valley Little Theatre
since 2010
2 recorded transactions
Zoning & alternative use
CS · Chagrin Falls, OH
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 Chagrin Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chagrin Falls 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
Assessed value
$82,820
Assessed 2023
Previous assessed
$82,820
+0.0% YoY
Assessed land
$15,090
Assessed improvement
$67,730
Land market value
$43,100
Improvement market value
$193,500
Total market value
$236,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1880
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
1,837 SF
Lot
0.03 ac (1,435 SF)
Zoning code
CS
APN
932-06-054
UPID
US66-3103826
Jurisdiction
CUYAHOGA
Zoning & alternative use
CS · Chagrin Falls, OH
Zoning CS · permitted uses
CS · Chagrin Falls, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chagrin Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Chagrin Valley Little Theatre
Individual
Mailing address
79 WW ST, CHAGRIN FALLS, OH 44022-2702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Nov 16, 2010
$360,000
Chagrin Valley Little Theatre
Chagrin Royal Oaks LLC
Warranty Deed
related
$288,000 · Huntington National Bank
—
—
Chagrin Valley Little Theatre
—
Deed Of Trust
related
$241,396 · Huntington Nat'l Bk
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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