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Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Office buildings
3985 3995th 4015th Medina Rd, Medina, OH 44256
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-3178784
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
24,320 SF
Lot
6.42 ac (279,481 SF)
APN
026-06D-31-106
UPID
US66-3178784
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
-
Douglas Weeks Public Health Department
-
Lumina Imaging and Diagnostics Medina Medical Clinic
-
First American Title - Christine Dern Title Company Escrow Service
-
Gentle Endodontics: Nivine Y El-Refai, BDS, DDS, MSD Dental Office
-
Meghan Foote, DO Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.40M
Blend (final)
Blend
$3.07M
Owner & transaction history
WESTERN RESERVE MEDINA LIMITED
WESTERN RESERVE MEDINA LIMITED
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+79.8%
Medical building
$4.1M
+53.5%
Retail stores
$3.5M
+31.2%
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 Medina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medina 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,655,000
Current use
RESTAURANT
$4,770,000
Change: +80% · Conversion: Moderate
MEDICAL BUILDING
$4,075,000
Change: +53% · Conversion: Easy
RETAIL STORES
$3,480,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,915,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,845,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,335,000
Change: -12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,130,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±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
$126 / 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
$159,219
Tax year 2023
Assessed value
$2,631,290
Assessed 2023
Previous assessed
$2,631,340
0.0% YoY
Effective rate
6.05%
On assessed value
Assessed land
$523,230
Assessed improvement
$2,108,060
Land market value
$1,494,950
Improvement market value
$6,023,020
Total market value
$7,517,970
Applied tax rate
26.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Total area
24,320 SF
Lot
6.42 ac (279,481 SF)
APN
026-06D-31-106
UPID
US66-3178784
Jurisdiction
MEDINA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1999
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
6.42 ac
Current owner
From public records · entity-resolved
WESTERN RESERVE MEDINA LIMITED
Individual
Free & Clear · 0 yrs held
Mailing address
23 PUBLIC SQ STE #200, MEDINA, OH 44256-2274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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