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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Medical Office Space
7172 Columbia Rd Olmsted Twp, OH 44138-1558
Entity Owned
~
Est. High Equity
Property ID
US66-0046801
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
WOOD
Total area
6,256 SF
Lot
1.68 ac (73,076 SF)
Zoning code
RB
APN
262-14-021
UPID
US66-0046801
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
-
Olmsted Family Dentistry Dental Office
-
Davidson Leonard A DDS Dental Office
-
William J. Hayes DDS Dental Office
-
Olmsted Falls Dentistry Dental Office
-
Davidson Law LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$605k
Owner & transaction history
Dii Commercial LLC
Dii Commercial LLC
since 2025
Last sale
$650,000
5 recorded transactions
Zoning & alternative use
RB · Olmsted Twp, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$725,000
+6.8%
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 Olmsted Twp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olmsted Twp 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$680,000
Current use
APARTMENT HOUSE (5+ UNITS)
$725,000
Change: +7% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $650k (Dec 4 2025)
Last sale anchor
$650k
Dec 4 2025
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
$97 / 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
$20,129
Tax year 2023
Assessed value
$202,930
Assessed 2023
Previous assessed
$202,930
+0.0% YoY
Effective rate
9.92%
On assessed value
Assessed land
$67,130
Assessed improvement
$135,800
Land market value
$191,800
Improvement market value
$388,000
Total market value
$579,800
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
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
6,256 SF
Lot
1.68 ac (73,076 SF)
Zoning code
RB
APN
262-14-021
UPID
US66-0046801
Jurisdiction
CUYAHOGA
Zoning & alternative use
RB · Olmsted Twp, OH
Zoning RB · permitted uses
RB · Olmsted Twp, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Olmsted Twp. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$680,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$555,000
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
Dii Commercial LLC
Entity
Mailing address
7172 COLUMBIA RD, OLMSTED TWP, OH 44138-1558
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2025
$650,000
Dii Commercial LLC
Ofalls Enterprises LLC
Warranty Deed
$600,000 · Ofalls Enterprises LLC
May 31, 2006
$720,000
Ofalls Ents LLC
Olmsted Medical Building Co
Warranty Deed
$611,280 · Charter One Bank
Jan 14, 2005
$35,434
Olmsted Medical Bldg Co Ltd
Olmsted Ground Lease Assocs Ll
Grant Deed
related
—
—
—
Ofalls Ents LLC
—
Deed Of Trust
related
$495,012 · Pnc Bank
—
—
Olmsted Medical Bldg Co Ltd
—
Deed Of Trust
related
$334,000 · Key Bank NA
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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