Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Strip malls
893 Aurora Rd 901 Macedonia, OH 44056-1950
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-2715065
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Total area
7,068 SF
Lot
0.4 ac (17,380 SF)
APN
33-01718
UPID
US66-2715065
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
-
Casa D'Angelo Italian Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$939k
Blend (final)
Blend
$925k
Owner & transaction history
893 East Aurora Road LLC · 6 yrs held
893 East Aurora Road LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$785,000
+19.2%
Auto repair, garage
$705,000
+6.4%
Medical building
$660,000
+0.2%
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 Macedonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macedonia 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
$810,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$660,000
Current use
RESTAURANT
$785,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$660,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $1.00M (Mar 2 2020)
Last sale anchor
$1.00M
Mar 2 2020
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
$131 / 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
$19,292
Tax year 2023
Assessed value
$312,550
Assessed 2023
Previous assessed
$312,550
+0.0% YoY
Effective rate
6.17%
On assessed value
Assessed land
$76,120
Assessed improvement
$236,430
Land market value
$217,490
Improvement market value
$675,510
Total market value
$893,000
Applied tax rate
33.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Bathrooms
1
Total area
7,068 SF
Lot
0.4 ac (17,380 SF)
APN
33-01718
UPID
US66-2715065
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$660,000
RESTAURANT
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$705,000
MEDICAL BUILDING
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
893 East Aurora Road LLC
Entity
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
—
893 East Aurora Rd LLC
—
Deed
related
$462,500 · Huntington Nat'l Bk
Apr 10, 2020
—
893 East Aurora Rd LLC
—
Deed
related
$375,000 · Growth Cap
Mar 2, 2020
$1,000,000
893 East Aurora Road LLC
Macedonia Plaza Properties LLC
Warranty Deed
$462,500 · The Huntington National Bank
Mar 7, 2018
—
Macedonia Plaza Properties LLC
—
Deed
related
$270,000 · Huntington Nat'l Bk/fl
Jun 30, 2017
—
Macedonia Plaza Properties LLC
—
Deed
related
$690,000 · First Nat'l Bk/pa
Jun 22, 2012
—
Macedonia Plaza Properties LLC
Macedonia Plaza Properties
Quit Claim Deed
$915,000 · Park View Fsb
—
—
893 East Aurora Rd LLC
—
Deed Of Trust
related
$462,500 · Huntington Nat'l Bk
—
—
893 East Aurora Rd LLC
—
Deed Of Trust
related
$375,000 · Growth Cap
—
—
Macedonia Plaza Properties LLC
—
Deed Of Trust
related
$690,000 · First Nat'l Bk/pa
—
—
Macedonia Plaza Properties LLC
—
Deed Of Trust
related
$270,000 · Huntington Nat'l Bk/fl
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 893 Aurora Rd, Unit 901?
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.
