Property profile

38448 Lk Shr Blvd Willoughby, OH 44094

OFF-MARKET
Retail space
Property ID
US66-0860709
1,760 SF 0.2 ac lot Built 1964
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Total area 1,760 SF
Lot 0.2 ac (8,551 SF)
Zoning code G-B
APN 27-B-056-C-00-007-0
UPID US66-0860709

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
  • (Bike/Boat/Book/etc) Store

Location

38448 Lk Shr Blvd Willoughby, OH 44094-7162
Willoughby metro Census 201700 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2010
1 recorded transaction
2010
$412,500

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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