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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Commercial real estate
4183 Wyoga Lk Rd Cuyahoga Falls, OH 44224-4811
Entity Owned
Free & Clear
Property ID
US66-2084337
Property summary
AI-generated overview
This exceptional investment opportunity presents a well-maintained, single-story shopping center totaling 10,075 square feet situated on a 0.934-acre lot in Cuyahoga Falls, Ohio. The property, built in 2008, boasts a Class B designation and is currently 100% occupied under a modified lease structure with a multi-tenant configuration. The remaining lease term is three years, providing immediate cash flow. The asking price is $795,000, representing an attractive 8.00% capitalization rate. Located at 4183 Wyoga Lake Rd, zip code 44224, this convenient location offers excellent visibility and accessibility near Route 8, serving the thriving communities of Cuyahoga Falls and Stow. The property is zoned MU-3, allowing for a variety of uses. The single building is comprised of one story and features a total of 10,075 square feet. The property's APN is 3500296. This multi-tenant retail center presents a solid investment opportunity with strong potential for future growth and return. The property's high occupancy rate and strategic location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
FRAME
Total area
10,075 SF
Lot
0.91 ac (39,857 SF)
APN
35-00296
UPID
US66-2084337
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
-
Social House Venue Hotel & Motel Resort
-
Salazar LLC Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$638k
Blend (final)
Blend
$840k
Owner & transaction history
City Of Cuyahoga Falls
City Of Cuyahoga Falls
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+105.8%
Auto repair, garage
$1.0M
+83.7%
Neighborhood: shopping center
$940,000
+72.7%
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 Cuyahoga Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cuyahoga Falls 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
COMMERCIAL (GENERAL)
$545,000
Current use
RESTAURANT
$1,120,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,000,000
Change: +84% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$940,000
Change: +73% · Conversion: Difficult
OFFICE BUILDING
$900,000
Change: +65% · Conversion: Easy
MEDICAL BUILDING
$815,000
Change: +50% · Conversion: Easy
RETAIL STORES
$620,000
Change: +13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$595,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$83 / 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
$24,050
Tax year 2023
Assessed value
$350,280
Assessed 2023
Previous assessed
$350,280
+0.0% YoY
Effective rate
6.87%
On assessed value
Assessed land
$32,510
Assessed improvement
$317,770
Land market value
$92,870
Improvement market value
$907,910
Total market value
$1,000,780
Applied tax rate
35.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
10,075 SF
Lot
0.91 ac (39,857 SF)
APN
35-00296
UPID
US66-2084337
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
COMMERCIAL (GENERAL) Current
Est. value
$545,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$940,000
OFFICE BUILDING
Est. value
$900,000
MEDICAL BUILDING
Est. value
$815,000
RETAIL STORES
Est. value
$620,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$595,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
City Of Cuyahoga Falls
Entity
Free & Clear · 0 yrs held
Mailing address
4183 WYOGA LK RD, CUYAHOGA FALLS, OH 44224-4811
Ownership since
2025
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 12, 2025
—
City Of Cuyahoga Falls
Jdh Real Estate LLC
Warranty Deed
—
Aug 17, 2021
—
Jdh Real Estate LLC
—
Deed
related
$240,000 · S & T Bank
Aug 8, 2018
$490,000
Jdh Real Estate LLC
Wyoga Lake Commons LLC
Warranty Deed
—
Jan 28, 2013
—
Wyoga Lake Commons LLC
Wyoga Lake Commons LLC
Quit Claim Deed
related
—
Mar 30, 2006
—
Wyoga Lake Commons LLC
Karam Properties II Ltd
Warranty Deed
$5,536,000 · Integra Bank NA
Sep 2, 1997
$85,000
Elias J Karam
Charnes,mary A
Grant Deed
—
—
—
Wyoga Lake Commons LLC
—
Deed Of Trust
related
$750,000 · North Akron Savings Bank
—
—
Wyoga Lake Commons LLC
—
Deed Of Trust
related
$750,000 · North Akron Savings 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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