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Property profile & analytics
OFF-MARKET
Retail space
38091 Euclid Ave Willoughby, OH 44094-6177
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-4497916
Property summary
AI-generated overview
This commercial property is located in Downtown Willoughby, an area known for its restaurants, bars, community activities, and vintage shopping. The property includes two salon/barber stations, a wash sink, a furnished waiting area, a dry bar with a refrigerator, a washer, and a dryer. There is also space for a third salon/barber station. The lot size is 0.0179 acres.
Property profile
Verified
Property type
Retail space
Use group
CONDOMINIUM OFFICES
Year built
2015
Construction
WOOD
Total area
446 SF
APN
27-A-029-E-00-018-0
UPID
US66-4497916
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
Ethan Mullen · 4 yrs held
Ethan Mullen
since 2022
Last sale
$32,100
4 recorded transactions
Zoning & alternative use
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 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
$1,777
Tax year 2023
Assessed value
$22,450
Assessed 2023
Previous assessed
$22,450
+0.0% YoY
Effective rate
7.92%
On assessed value
Assessed land
$5,250
Assessed improvement
$17,200
Land market value
$15,000
Improvement market value
$49,130
Total market value
$64,130
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
Retail space
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
446 SF
APN
27-A-029-E-00-018-0
UPID
US66-4497916
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Ethan Mullen
Individual
Mailing address
38091 EUCLID AVE, WILLOUGHBY, OH 44094-6177
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
$58,000
Ethan Mullen
J S Unlimited LLC
Warranty Deed
—
Feb 2, 2018
$60,000
J S Unlimited LLC
Willoughby Pointe LLC
Warranty Deed
$51,400 · The Huntington National Bank
May 15, 2017
—
Willoughby Pointe LLC
—
Grant Deed
related
$1,215,000 · Eriebank
—
—
Willoughby Pointe LLC
—
Deed Of Trust
related
$700,000 · Cnb 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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