Technical
Financial
Distress signals
Property profile

38802 Lk Shr Blvd Willoughby, OH 44094

OFF-MARKET
Retail space
Property ID
US66-6053730
2,271 SF 0.12 ac lot Built 1981
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Total area 2,271 SF
Lot 0.12 ac (5,144 SF)
Zoning code R-60
APN 27-B-055-B-00-142-0
UPID US66-6053730

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

38802 Lk Shr Blvd Willoughby, OH 44094-7275
Willoughby metro Census 201700 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

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

Owner & transaction history

since 2024
Last sale
$180,000
4 recorded transactions
2024
$180,000
2007
$132,300
2006
$200,000
2005
$158,000

Zoning & alternative use

R-60 · Willoughby, OH
Zoning description

nal use, unless otherwise expressly stated. (Ord. 2020-21. Passed 2-18-20.) Share Download Bookmark Print 1131.03 SCHEDULE OF PERMITTED USES. One-Family Residential District Use Specific Regulations Reference R-100 R-80…

General category RESIDENTIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38802 Lk Shr Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message