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Property profile & analytics
FOR SALE
Retail space
4435 State Rd, Cleveland, OH 44109
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6022440
For Sale
1 / 44
$150,000
4435 State Rd, Cleveland, OH 44109
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
1,824 SF
Lot
0.11 ac (4,843 SF)
Zoning code
LR
APN
011-03-014
UPID
US66-6022440
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
-
Harper Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ifly Investments LLC · 3 yrs held
Ifly Investments LLC
since 2023
Last sale
$25,000
7 recorded transactions
Zoning & alternative use
LR · Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,024
Tax year 2023
Assessed value
$30,280
Assessed 2023
Previous assessed
$30,280
+0.0% YoY
Effective rate
9.99%
On assessed value
Assessed land
$5,600
Assessed improvement
$24,680
Land market value
$16,000
Improvement market value
$70,500
Total market value
$86,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1900
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
2
Total area
1,824 SF
Lot
0.11 ac (4,843 SF)
Zoning code
LR
APN
011-03-014
UPID
US66-6022440
Jurisdiction
CUYAHOGA
Zoning & alternative use
LR · Cleveland, OH
Zoning LR · permitted uses
LR · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Ifly Investments LLC
Entity
Mailing address
4435 STATE RD, CLEVELAND, OH 44109-4778
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jul 7, 2023
$25,000
Ifly Investments LLC
Steven J Kmetz
Warranty Deed
—
Feb 21, 2013
—
Stephen J Kmetz
Uv Free LLC
Grant Deed
related
—
Dec 4, 2012
—
Steven J Kmetz
Uv Free LLC
Quit Claim Deed
related
—
Nov 19, 2004
$100,000
Uv Free LLC
Ianior,bruno & Silvana
Warranty Deed
—
Jan 5, 2001
$70,000
Bruno Ianiro
Mar,nancy
Grant Deed
—
—
—
Stephen J Kmetz
—
Deed Of Trust
related
$250,000 · Northwest Bk
—
—
Stephen J Kmetz
—
Deed Of Trust
related
$175,000 · Lorain National Bank
—
—
Stephen J Kmetz
—
Loan Modification
related
$350,000 · Northwest Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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