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Property profile & analytics
OFF-MARKET
Retail space
5478 Broadway Ave Cleveland, OH 44127-1509
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-5466654
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Construction
WOOD
Total area
3,400 SF
Lot
0.15 ac (6,320 SF)
Zoning code
GR
APN
131-22-088
UPID
US66-5466654
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
-
Instant Tax Service Tax Preparation
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
Sv 5478 Broadway LLC · 3 yrs held
Sv 5478 Broadway LLC
since 2023
7 recorded transactions
Zoning & alternative use
GR · 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
$1,311
Tax year 2023
Assessed value
$13,130
Assessed 2023
Previous assessed
$13,130
+0.0% YoY
Effective rate
9.98%
On assessed value
Assessed land
$4,410
Assessed improvement
$8,720
Land market value
$12,600
Improvement market value
$24,900
Total market value
$37,500
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
Off-Market
Year built
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
3,400 SF
Lot
0.15 ac (6,320 SF)
Zoning code
GR
APN
131-22-088
UPID
US66-5466654
Jurisdiction
CUYAHOGA
Zoning & alternative use
GR · Cleveland, OH
Zoning GR · permitted uses
GR · 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
1973
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Sv 5478 Broadway LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6500 DAISY AVE, INDEPENDENCE, OH 44131-3382
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2023
—
Sv 5478 Broadway LLC
East West LLC
Warranty Deed
—
Jul 30, 2019
$2,500
East West LLC
Slavic Village Dev
Warranty Deed
related
—
Oct 22, 2018
—
Slavic Village Dev
Cuyahoga Cnty Land Reutilizati
Quit Claim Deed
related
—
Oct 17, 2018
—
Cuyahoga Cnty Land Reutilizati
Sheriff Of Cuyahoga County|5478 Broadway Ave LLC
Quit Claim Deed
related
—
Jun 25, 2008
$130,000
5478 Broadway Ave LLC
Cleveland Motor & Transmission
Warranty Deed
$104,000 · Huntington National Bank
Mar 21, 2003
$85,000
Motor Cleveland
Direnzo,wallace W
Grant Deed
—
—
—
Wallace Direnzo
—
Deed Of Trust
related
$65,330 · Fifth Third Bank Ne Ohio
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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