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Property profile & analytics
OFF-MARKET
Apartment buildings
717 35th St A Lorain, OH 44055-1473
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-6077551
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1940
Total area
1,451 SF
Lot
0.16 ac (6,970 SF)
APN
03-00-098-130-041
UPID
US66-6077551
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
415 Homebuters LLC · 2 yrs held
415 Homebuters LLC
since 2023
Last sale
$405,000
7 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 Lorain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lorain 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
$1,784
Tax year 2023
Assessed value
$22,712
Assessed 2023
Previous assessed
$22,710
+0.0% YoY
Effective rate
7.85%
On assessed value
Assessed land
$3,623
Assessed improvement
$19,089
Land market value
$10,350
Improvement market value
$54,540
Total market value
$64,890
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1940
Heating
NONE
Stories
2
Units
1
Rooms
14
Bathrooms
4
Total area
1,451 SF
Lot
0.16 ac (6,970 SF)
APN
03-00-098-130-041
UPID
US66-6077551
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
1940
Heating
NONE
Stories
2
Units
1
Rooms
14
Bathrooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
415 Homebuters LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 914, AMHERST, OH 44001-0914
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
Oct 23, 2023
$405,000
415 Homebuters LLC
2021oh3 LLC
Warranty Deed
—
Apr 4, 2022
—
2021oh 3 LLC
Bjorn Anderson
Quit Claim Deed
related
—
Jan 29, 2021
$65,000
Bjorn Anderson
Brandon Chambers
Warranty Deed
—
Nov 16, 2020
—
Brandon Chambers
Fernando Molina
Quit Claim Deed
related
—
Jun 24, 2019
$64,900
Fernando Molina
Reyna,retina
Quit Claim Deed
related
—
Aug 30, 2013
$12,500
Retina Reyna
Sturbleng,joyce K
Warranty Deed
—
Dec 22, 2003
$85,000
Frank A Sturbleng
Johnson,michael D
Grant Deed
$68,000 · Fifth Third Mortgage Co
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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