Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Medical Office Space
6731 Ames Rd 35 Parma, OH 44129-5601
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2232898
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
6,170 SF
Lot
0.83 ac (36,150 SF)
Zoning code
RB
APN
449-27-017
UPID
US66-2232898
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
Timothy J Laganke SR. · 2 yrs held
Timothy J Laganke SR.
since 2024
Last sale
$275,000
6 recorded transactions
Zoning & alternative use
RB · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences
Zone name
Retail Business
General category
COMMERCIAL
Zone area
506.77 ac
Source
Realmo
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 Parma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parma 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
$275,000
ML approach
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±10% · vs last sale $275k (Jun 4 2024)
Last sale anchor
$275k
Jun 4 2024
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
$45 / 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
$16,352
Tax year 2023
Assessed value
$194,710
Assessed 2023
Previous assessed
$194,710
+0.0% YoY
Effective rate
8.40%
On assessed value
Assessed land
$132,860
Assessed improvement
$61,850
Land market value
$379,600
Improvement market value
$176,700
Total market value
$556,300
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
1989
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,170 SF
Lot
0.83 ac (36,150 SF)
Zoning code
RB
APN
449-27-017
UPID
US66-2232898
Jurisdiction
CUYAHOGA
Zoning & alternative use
RB · Parma, OHZoning RB · permitted uses
RB · Parma, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences
Zone name
Retail Business
General category
COMMERCIAL
Zone area
506.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Timothy J Laganke SR.
Individual
Mailing address
14054 SWEETBRIAR LN, RUSSELL, OH 44072-9716
Ownership since
2024
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
Jun 4, 2024
—
Timothy J Laganke SR.
Timothy J Laganke SR.
Intrafamily Transfer
related
—
Jul 11, 2019
—
Timothy J Laganke SR.
—
Deed
related
$600,000 · Westfield Bk Fsb
Mar 29, 2011
—
Timothy J Laganke SR.
—
Deed Of Trust
related
$1,160,930 · Pnc Bank
Feb 18, 2010
$275,000
Timothy J Laganke SR.
Salzberg Deborah
Grant Deed
$275,000 · Westfield Bank Fsb
—
—
Timothy J Laganke SR.
—
Deed Of Trust
related
$65,000 · Pnc Bank
—
—
Timothy J Laganke SR.
—
Deed Of Trust
related
$600,000 · Westfield Bk 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.
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?”
You own 6731 Ames Rd, Unit 35?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
