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Property profile & analytics
OFF-MARKET
Estimated value
$4,120,000
Warehouses
39000 Signature Dr, Solon, OH 44139-5266
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-4043144
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
WOOD
Total area
68,052 SF
Lot
178.37 ac (7,769,797 SF)
Zoning code
R-1-F
APN
956-32-002
UPID
US66-4043144
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.23M
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$4.12M
Owner & transaction history
Cf Signature Of Solon Arcis LLC · 11 yrs held
Cf Signature Of Solon Arcis LLC
since 2014
7 recorded transactions
Zoning & alternative use
R-1-F · Solon, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.1M
+73.7%
Commercial (general)
$5.6M
+61.8%
Apartment house (5+ units)
$5.0M
+44.5%
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 Solon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solon 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,660,000
6.5%
$5,225,000
7%
$4,850,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,485,000
Current use
AUTO REPAIR, GARAGE
$6,055,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,640,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,035,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$4.12M
Range $3.71M – $4.53M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
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
$136,274
Tax year 2023
Assessed value
$1,495,310
Assessed 2023
Previous assessed
$1,495,310
+0.0% YoY
Effective rate
9.11%
On assessed value
Assessed land
$261,100
Assessed improvement
$1,234,210
Land market value
$746,000
Improvement market value
$3,526,300
Total market value
$4,272,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
2
Total area
68,052 SF
Lot
178.37 ac (7,769,797 SF)
Zoning code
R-1-F
APN
956-32-002
UPID
US66-4043144
Jurisdiction
CUYAHOGA
Zoning & alternative use
R-1-F · Solon, OH
Zoning R-1-F · permitted uses
R-1-F · Solon, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Solon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Lot
178.37 ac
Current owner
From public records · entity-resolved
Cf Signature Of Solon Arcis LLC
Entity
Mailing address
4851 LYNDON B JOHNSON FWY STE #600, DALLAS, TX 75244-6036
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Cf Signature Of Solon Arcis LLC
—
Deed
related
$196,000,000 · Miscellaneous Ins Co
Oct 3, 2014
$6,138,804
Cf Signature Of Solon Arcis LLC
Clp Signature Of Solon Golf Ll
Grant Deed
—
Jan 19, 2007
$16,100,000
Cnl Income Signature Of Solon LLC
Premier Golf Solon LLC
Grant Deed
—
Feb 14, 2006
$15,503,054
Premier Golf Solon LLC
Wvi Corp
Grant Deed
$11,500,000 · General Electric Capital Corp
Dec 29, 2005
—
Wvi Corp
Course 43 Ltd
Quit Claim Deed
related
—
Feb 14, 2005
—
City Of Solon
Course 43 Ltd
Warranty Deed
related
—
—
—
Cnl Income Signature Of Solon LLC
—
Deed Of Trust
related
$8,625,000 · Sun Life Assurance Co
—
—
Cf Signature Of Solon Arcis LLC
—
Deed Of Trust
related
$196,000,000 · Miscellaneous Ins Co
—
—
Cf Signature Of Solon Arcis LLC
—
Deed Of Trust
related
$600,000 · Miscellaneous Ins Co
—
—
Cf Signature Of Solon Arcis LLC
—
Deed Of Trust
related
$600,000 · Miscellaneous Ins Co
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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