Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,540,000
Hotels
87 Ww St Chagrin Falls, OH 44022-2756
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2300523
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1825
Construction
WOOD
Total area
870 SF
Lot
0.42 ac (18,400 SF)
Zoning code
CS
APN
932-06-052
UPID
US66-2300523
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
$4.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.54M
Owner & transaction history
87 West Enterprise LLC · 4 yrs held
87 West Enterprise LLC
since 2021
Last sale
$4.8M
5 recorded transactions
Zoning & alternative use
CS · Chagrin Falls, OH
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 Chagrin Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chagrin Falls 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
$4,365,000
ML approach
$4,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.54M
Range $4.09M – $4.99M · ±10% · vs last sale $4.75M (Dec 29 2021)
Last sale anchor
$4.75M
Dec 29 2021
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
$5,218 / 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
$80,961
Tax year 2023
Assessed value
$842,520
Assessed 2023
Previous assessed
$842,520
+0.0% YoY
Effective rate
9.61%
On assessed value
Assessed land
$161,000
Assessed improvement
$681,520
Land market value
$460,000
Improvement market value
$1,947,200
Total market value
$2,407,200
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1825
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
2
Total area
870 SF
Lot
0.42 ac (18,400 SF)
Zoning code
CS
APN
932-06-052
UPID
US66-2300523
Jurisdiction
CUYAHOGA
Zoning & alternative use
CS · Chagrin Falls, OH
Zoning CS · permitted uses
CS · Chagrin Falls, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chagrin Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1825
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Lot
0.42 ac
Current owner
From public records · entity-resolved
87 West Enterprise LLC
Entity
Mailing address
18 N MAIN ST, CHAGRIN FALLS, OH 44022-3036
Ownership since
2021
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 29, 2021
$4,750,000
87 West Enterprise LLC
Pche Rp2 LLC
Limited Warranty Deed
$3,367,000 · Key Bank NA
May 1, 2015
$2,676,000
Pche Rp2 LLC
Artificial Plant Co
Warranty Deed
—
May 24, 2013
—
Artificial Plant Co
—
Deed Of Trust
related
$1,931,250 · Ohio Commerce Bank
Jun 29, 2007
—
Artificial Plant Co
—
Deed Of Trust
related
$2,200,000 · Ohio Commerce Bank
—
—
Artificial Plant Co INC
—
Deed Of Trust
related
$1,960,000 · Sky Bank
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 87 Ww St?
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.
