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    38264 Willoughby Pkwy Willoughby, OH 44094-7583
    Property profile & analytics

    38264 Willoughby Pkwy, Willoughby, OH 44094-7583

    View on Map

    • Manufacturing properties
    • 18,000 SF
    • 3.27 lot acres
    Off-Market
    Property ID
    US66-0835649
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $775,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Us Foils Inc / Distribution Center / Logistics Company

    Property Details for 38264 Willoughby Pkwy

    Year built
    1994
    Lot size
    3.27 lot acres
    Zone code
    L-1
    Property type
    Manufacturing properties
    APN
    27-B-050-G-00-029-0
    APU
    27B050G000290

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 27, 2023 — Bro Jac Enterprises LLC — Deed · related $2.4M · Independence Bank
    Nov 14, 2012 $678,600 Bro-jac Ents LLC New Horizons Holdings LLC Grant Deed $577k · Independence Bank Fsb
    Jun 29, 2007 $1,000,000 New Horizons Holdings LLC Marusic Realty Grant Deed $500k · Key Bank & Trust
    — — Marusic Realty — Deed Of Trust · related $450k · Home Savings & Loan Youngstown
    — — Marusic Realty — Deed Of Trust · related $100k · Key Bank & Trust
    — — Marusic Realty — Deed Of Trust · related $863k · Key Bank NA
    — — New Horizons Holdings LLC — Deed Of Trust · related $414k · Growth Capital Corp
    — — New Horizons Holdings LLC — Deed Of Trust · related $500k · Key Bank & Trust
    — — Marusic Realty — Deed Of Trust · related $880k · Home Savings & Loan Youngstown

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,155,000
      6.5%
      $1,065,000
      7%
      $990,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $494,000
      Market price range: $259k - $521k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $890,000
      Current use
      MEDICAL BUILDING
      $1,265,000
      Change: +42% Conversion: Difficult
      OFFICE BUILDING
      $1,070,000
      Change: +20% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,000,000
      Change: +12% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Willoughby
    County
    Lake
    State
    Ohio
    Longitude
    -81.4044
    Latitude
    41.6774
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,827
    $65,100
    $216,300
    $281,400
    -
    $186,000
    $617,990
    $803,990
    More about this property
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