Technical
Financial
Distress signals
Property profile

4098 Erie St Willoughby, OH 44094

OFF-MARKET
Retail space
Property ID
US66-1085589
35,237 SF 0.31 ac lot Built 1901
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1901
Total area 35,237 SF
Lot 0.31 ac (13,438 SF)
Zoning code G-B
APN 27-A-029-C-00-035-0
UPID US66-1085589

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Loan Service Bank
  • Bank Loan Service
  • Loan Service Bank
  • Atm

Location

4098 Erie St Willoughby, OH 44094-7836
Willoughby metro Census 201400 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
$2.09M
Blend (final) Blend
$530k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2018
Price N/A

Zoning & alternative use

G-B · Willoughby, OH
Zoning description

It is intended to provide for commercial services and activities in locations that are adequately served by major streets and other facilities and to encourage the grouping of businesses in shopping centers.

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $3.0M +7.0%
Commercial (general) $2.8M +2.5%

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
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