Technical
Financial
Distress signals
Property profile

38120 Spaulding St Willoughby, OH 44094

OFF-MARKET
Retail space
Property ID
US66-0184124
3,662 SF 0.05 ac lot Built 1925
Entity Owned 15-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 3,662 SF
Lot 0.05 ac (1,999 SF)
Zoning code G-B
APN 27-A-029-B-00-027-0
UPID US66-0184124

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
  • Insurance Agency

Location

38120 Spaulding St Willoughby, OH 44094-6112
Willoughby metro Census 201400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2011
5 recorded transactions
2011
$297,500
2008
Price N/A
2006
$260,000
2004
$147,500
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38120 Spaulding St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message