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Property profile & analytics
OFF-MARKET
Strip malls
38669 Mentor Ave Willoughby, OH 44094-7781
Entity Owned
15-yr Hold
Free & Clear
Property ID
US66-6205718
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Total area
9,624 SF
Lot
0.8 ac (34,791 SF)
Zoning code
C-M
APN
27-B-039-A-00-015-0
UPID
US66-6205718
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
-
Stephen D. Atkins, DDS Dental Office
-
Ukmar Alexandria DDS Dental Office
-
Dr. Alexandra Ukmar, DDS Dental Office
-
Garrett Estes - State Farm Insurance Agent Insurance Agency
-
VAPOR REV (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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
Glyptis Family Properties LLC · 15 yrs held
Glyptis Family Properties LLC
since 2010
6 recorded transactions
Zoning & alternative use
C-M · Willoughby, OH
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 Willoughby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willoughby 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
$25,461
Tax year 2023
Assessed value
$317,070
Assessed 2023
Previous assessed
$317,070
+0.0% YoY
Effective rate
8.03%
On assessed value
Assessed land
$101,780
Assessed improvement
$215,290
Land market value
$290,810
Improvement market value
$615,120
Total market value
$905,930
Applied tax rate
27.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
9,624 SF
Lot
0.8 ac (34,791 SF)
Zoning code
C-M
APN
27-B-039-A-00-015-0
UPID
US66-6205718
Jurisdiction
LAKE
Zoning & alternative use
C-M · Willoughby, OHZoning C-M · permitted uses
C-M · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
1131.02 USE REGULATIONS.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Glyptis Family Properties LLC
Entity
Free & Clear · 15 yrs held
Mailing address
6045 CATALANO DR, LYNDHURST, OH 44124-3342
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
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
Oct 13, 2010
—
Glyptis Family Properties LLC
Glyptis Family Ptshp
Quit Claim Deed
related
—
Jun 21, 2006
$1,200,000
Glyptis Family Partnership
Paul Eric Joseph
Fiduciary Deed
$700,000 · Firstmerit Bank NA
Apr 13, 2004
—
Willoughby City (oh)
Joseph,tr
Grant Deed
related
—
Dec 6, 2001
—
Joseph Trust
Junior Properties Ltd
Grant Deed
related
$90,000 · Great Lakes Bank
—
—
Junior Properties Ltd
—
Deed Of Trust
related
$300,000 · Dworken & Bernstein Lpa Psp &
—
—
Junior Properties Ltd
—
Deed Of Trust
related
$175,000 · Dworken & Bernstein Co Lpa Psp
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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