Technical
Financial
Distress signals
Property profile

5880 Som Center Rd Willoughby, OH 44094

FOR LEASE
Retail space
Property ID
US66-2559124
10,000 SF 2 ac lot Built 1987
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 10,000 SF
Lot 2 ac (87,120 SF)
Zoning code R-80
APN 27-A-003-D-00-020-0
UPID US66-2559124

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

5880 Som Center Rd Willoughby, OH 44094
Willoughby metro Census 201200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.44M
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$300k

Owner & transaction history

since 2018
6 recorded transactions
2019
Price N/A
2018
Price N/A
2018
$1.4M
2013
$400,000
2008
Price N/A
2002
Price N/A

Zoning & alternative use

R-80 · Willoughby, OH
Zoning description

ditional use, unless otherwise expressly stated. (Ord. 2020-21. Passed 2-18-20.) Share Download Bookmark Print 1131.03 SCHEDULE OF PERMITTED USES. One-Family Residential District Use Specific Regulations Reference R-100…

General category RESIDENTIAL
Top alternative use upside
Restaurant $1.4M +83.1%
Auto repair, garage $840,000 +7.0%
Commercial (general) $805,000 +2.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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