Technical
Financial
Distress signals
Property profile

38047 2nd St Willoughby, OH 44094

OFF-MARKET
Retail space
Property ID
US66-2246217
4,176 SF 0.3 ac lot Built 2012
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction WOOD
Total area 4,176 SF
Lot 0.3 ac (13,068 SF)
Zoning code G-B
APN 27-A-029-C-00-041-0
UPID US66-2246217

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Building
  • Hair Salon

Location

38047 2nd St Willoughby, OH 44094-6182
Willoughby metro Census 201400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2005
5 recorded transactions
2018
Price N/A
2005
$230,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

G-B · Willoughby, OH
Zoning description

It is intended to provide for commercial services and activities in locations that are adequately served by major streets and other facilities and to encourage the grouping of businesses in shopping centers.

General category COMMERCIAL

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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