Technical
Financial
Distress signals
Property profile

38123 Spaulding St Willoughby, OH 44094

OFF-MARKET
Office buildings
Property ID
US66-6179148
5,097 SF 0.06 ac lot Built 1900
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 5,097 SF
Lot 0.06 ac (2,601 SF)
Zoning code G-B
APN 27-A-029-B-00-005-0
UPID US66-6179148

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
  • Tech Support Center IT Consulting Firm
  • Coworking & Hybrid Office
  • Hair Salon
  • Advertising Agency Marketing & Advertising
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

38123 Spaulding St Willoughby, OH 44094-6111
Willoughby metro Census 201400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2018
4 recorded transactions
2018
$300,000
2006
$240,000
1999
$150,000
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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