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Property profile & analytics
OFF-MARKET
Medical Office Space
5319 Hoag Dr Sheffield Village, OH 44035-1494
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1621974
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
44,646 SF
Lot
6.46 ac (281,398 SF)
APN
03-00-001-000-144
UPID
US66-1621974
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
-
NOMS Health Care Medical Clinic
-
Dr. George K. Adams, DO Physician
-
Dr. Rebecca C. Doubler, MD Physician
-
Dr. Sanjay Kumar, DO Physician
-
NOMS Health Care: Rambasek Todd E MD Physician Medical Clinic
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
Sheffield 5319 Apl Rkc LLC · 3 yrs held
Sheffield 5319 Apl Rkc LLC
since 2022
Last sale
$16.8M
4 recorded transactions
Zoning & alternative use
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 Sheffield Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheffield Village 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
$224,914
Tax year 2023
Assessed value
$3,500,001
Assessed 2023
Previous assessed
$4,528,480
-22.7% YoY
Effective rate
6.43%
On assessed value
Assessed land
$2,941,971
Assessed improvement
$558,030
Land market value
$8,405,630
Improvement market value
$1,594,370
Total market value
$10,000,000
Applied tax rate
65.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
2
Units
1
Total area
44,646 SF
Lot
6.46 ac (281,398 SF)
APN
03-00-001-000-144
UPID
US66-1621974
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
2
Units
1
Lot
6.46 ac
Current owner
From public records · entity-resolved
Sheffield 5319 Apl Rkc LLC
Entity
Free & Clear · 3 yrs held
Mailing address
800 W MADISON ST, CHICAGO, IL 60607-2481
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
—
Sheffield 5319 Apl Rkc LLC
—
Deed
related
$52,400,000 · First Citizens Bank And Trust Co INC
Dec 5, 2022
$16,800,000
Sheffield 5319 Apl Rkc LLC
Mmpf II Clyde Sheffield Spe LLC
Limited Warranty Deed
—
Jan 8, 2021
—
Mmpf II Clyde Sheffield Spe
5319 Hoag Drive Mob
Grant Deed
related
$66,337,700 · Capital One Nat'l Assn
Jun 3, 2015
$3,900,000
Doc-5319 Hoag Drive Mob LLC
Lc Properties Ltd
Warranty Deed
—
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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