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Property profile & analytics
OFF-MARKET
Estimated value
$4,775,000
Showrooms
400 Cleveland Ave Mogadore, OH 44260-1209
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-0459376
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Total area
36,184 SF
Lot
5.03 ac (218,933 SF)
APN
55-01702
UPID
US66-0459376
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
-
Omega Laboratories, Inc. Drug Testing Service Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.64M
Comparable Approach
Comparable
$4.28M
Blend (final)
Blend
$4.78M
Owner & transaction history
Omega Laboratories INC · 13 yrs held
Omega Laboratories INC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+50.2%
Auto repair, garage
$3.6M
+34.2%
Medical building
$3.4M
+26.3%
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 Mogadore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mogadore 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%
$6,105,000
6.5%
$5,635,000
7%
$5,235,000
Alternative Use
Use
Estimation
RESTAURANT
$4,030,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,600,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$3,390,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,380,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$4.78M
Range $4.30M – $5.25M · ±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
$132 / 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
$78,189
Tax year 2023
Assessed value
$968,900
Assessed 2023
Previous assessed
$968,900
+0.0% YoY
Effective rate
8.07%
On assessed value
Assessed land
$65,760
Assessed improvement
$903,140
Land market value
$187,890
Improvement market value
$2,580,390
Total market value
$2,768,280
Applied tax rate
55.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1975
Heating
HOT WATER
Cooling
WINDOW A/C
Stories
2
Units
1
Bathrooms
1
Total area
36,184 SF
Lot
5.03 ac (218,933 SF)
APN
55-01702
UPID
US66-0459376
Jurisdiction
SUMMIT
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
RESTAURANT
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
5.03 ac
Current owner
From public records · entity-resolved
Omega Laboratories INC
Entity
Mailing address
400 N CLEVELAND AVE, MOGADORE, OH 44260-1209
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
—
Omega Laboratories INC
—
Deed
related
$2,278,500 · The Andover Bank
Feb 20, 2013
$950,000
Omega Laboratories INC
Florence Vitullo
Warranty Deed
$3,200,000 · Jpmorgan Chase Bank NA
Jun 27, 2007
—
Florence Vitullo
Vitullo,florence
Quit Claim Deed
related
—
Oct 5, 1999
$375,900
Florence Vitullo
Miller,judith A
Grant Deed
—
May 13, 1999
$440,000
Judith A Miller
White,james L & Nancy E
Grant Deed
$365,000 · Seller
—
—
Omega Laboratories INC
—
Deed Of Trust
related
$2,631,000 · Cascade Cap
—
—
Florence Vitullo
—
Deed Of Trust
related
$602,000 · Bank One NA
—
—
Florence E Vitullo
—
Deed Of Trust
related
$540,000 · Fifth Third Bank
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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