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Property profile & analytics
OFF-MARKET
Turn key restaurants
3837 Rdg Rd Cleveland, OH 44144-1111
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-0616552
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1953
Construction
WOOD
Total area
4,636 SF
Lot
2.28 ac (99,245 SF)
Zoning code
SI
APN
013-09-006
UPID
US66-0616552
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
Current use
Occupant on record · Public records
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Castle On Ridge (Bike/Boat/Book/etc) Store
-
Clark Used Auto Sales Car Dealership
-
Sara Auto Mall LLC Car Dealership
-
The Castle Party Center Hotel & Motel Resort
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
Uni Properties INC · 2 yrs held
Uni Properties INC
since 2024
Last sale
$146,000
6 recorded transactions
Zoning & alternative use
SI · Cleveland, OH
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$8,082
Tax year 2023
Assessed value
$80,920
Assessed 2023
Previous assessed
$80,920
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$52,080
Assessed improvement
$28,840
Land market value
$148,800
Improvement market value
$82,400
Total market value
$231,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,636 SF
Lot
2.28 ac (99,245 SF)
Zoning code
SI
APN
013-09-006
UPID
US66-0616552
Jurisdiction
CUYAHOGA
Zoning & alternative use
SI · Cleveland, OHZoning SI · permitted uses
SI · Cleveland, OH
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
1953
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.28 ac
Current owner
From public records · entity-resolved
Uni Properties INC
Entity
Free & Clear · 2 yrs held
Mailing address
4711 ROADOAN RD, BROOKLYN, OH 44144-3102
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
—
Uni Properties INC
Karam S Hasrouni
Quit Claim Deed
related
—
Mar 11, 2022
$146,000
Karam S Hasrouni
Whs Realty Services INC
Warranty Deed
—
Jan 19, 2022
$358,000
Karam S Hasrouni
Wael H Saleh
Land Contract
$358,000 · Not Available
May 11, 2009
$159,000
Whs Realty Services INC
3837 Ridge Road Ltd
Warranty Deed
$109,000 · Michael O'malley
Feb 24, 1998
$265,000
3837 Ridge Road Ltd
Ron INC
Grant Deed
—
—
—
3837 Ridge Road Ltd
—
Deed Of Trust
related
$150,000 · Bank One NA
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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