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Property profile & analytics
OFF-MARKET
Turn key restaurants
718 Som Ctr Rd Mayfield, OH 44143-2313
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-1960564
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1936
Construction
WOOD
Total area
4,085 SF
Lot
0.72 ac (31,406 SF)
Zoning code
U-1
APN
831-15-001
UPID
US66-1960564
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
718 Som Center LLC · 10 yrs held
718 Som Center LLC
since 2016
4 recorded transactions
Zoning & alternative use
U-1 · Mayfield, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of U-1 district is to promote single family dwelling and other uses such as farming, nursery and truck gardening
Zone name
Single Family
General category
RESIDENTIAL
Zone area
1,991.55 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 Mayfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mayfield 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
$10,978
Tax year 2023
Assessed value
$127,090
Assessed 2023
Previous assessed
$127,090
+0.0% YoY
Effective rate
8.64%
On assessed value
Assessed land
$76,930
Assessed improvement
$50,160
Land market value
$219,800
Improvement market value
$143,300
Total market value
$363,100
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
2
Bathrooms
1
Total area
4,085 SF
Lot
0.72 ac (31,406 SF)
Zoning code
U-1
APN
831-15-001
UPID
US66-1960564
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-1 · Mayfield, OHZoning U-1 · permitted uses
U-1 · Mayfield, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of U-1 district is to promote single family dwelling and other uses such as farming, nursery and truck gardening
Zone name
Single Family
General category
RESIDENTIAL
Zone area
1,991.55 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1936
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
2
Bathrooms
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
718 Som Center LLC
Entity
Mailing address
718 SOM CTR RD, CLEVELAND, OH 44143-2313
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
—
718 Som Center LLC
—
Deed
related
$300,000 · Civista Bank
Jun 12, 2017
—
718 Som Center LLC
—
Deed
related
$249,000 · First Nat'l Bk/pa
Mar 28, 2016
$250,000
718 Som Center LLC
Linkas,james P
Warranty Deed
—
—
—
718 Som Center LLC
—
Deed Of Trust
related
$249,000 · First Nat'l Bk/pa
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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