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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Outlet malls
4985 150th St Cleveland, OH 44135-3303
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0486883
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2015
Total area
40,030 SF
Lot
2.82 ac (123,019 SF)
Zoning code
U7-C
APN
344-35-021
UPID
US66-0486883
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
-
EagleRider Rentals and Tours Cleveland Car Rental Facility
-
Rock-n-Roll City Harley-Davidson Motorcycle Shop (Bike/Boat/Book/etc) Store
-
LiveWire Cuyahoga Valley Motorcycle Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.06M
Owner & transaction history
Cleveland American Road LLC · 3 yrs held
Cleveland American Road LLC
since 2022
6 recorded transactions
Zoning & alternative use
U7-C · 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
Method
Estimation
Statistic approach
by Request
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±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
$26 / 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
$24,027
Tax year 2023
Assessed value
$261,670
Assessed 2023
Previous assessed
$189,460
+38.1% YoY
Effective rate
9.18%
On assessed value
Assessed land
$189,460
Assessed improvement
$72,210
Land market value
$541,300
Improvement market value
$2,880,500
Total market value
$3,421,800
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2015
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
40,030 SF
Lot
2.82 ac (123,019 SF)
Zoning code
U7-C
APN
344-35-021
UPID
US66-0486883
Jurisdiction
CUYAHOGA
Zoning & alternative use
U7-C · Cleveland, OH
Zoning U7-C · permitted uses
U7-C · 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
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.82 ac
Current owner
From public records · entity-resolved
Cleveland American Road LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1465 STATE RTE 39TH NW, DOVER, OH 44622-7336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
—
Cleveland American Road LLC
Rnr Family Enterprises LLC
Lease
—
Jul 14, 2022
—
Vann Advertising INC
Rnr Family Enterprises LLC
Lease
—
Feb 18, 2022
—
Rnr Family Enterprises LLC
—
Deed
related
$530,000 · First Federal Community Bank NA
Sep 11, 2014
$1,020,000
Rnr Family Ents LLC
Cmmv Properties LLC
Grant Deed
—
Dec 28, 2000
$950,000
Cmmv Properties LLC
All Engineering Corp
Grant Deed
—
—
—
Cmmv Properties LLC
—
Deed Of Trust
related
$400,000 · Westfield Bank Fsb
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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