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Property profile & analytics
FOR LEASE
Parking lots & garages
9 S Main St SR-91 Munroe Falls, OH 44262
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-0014357
For Lease
1 / 4
Contact for pricing
9 S Main St,Unit SR-91, Munroe Falls, OH 44262
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Property summary
AI-generated overview
This exceptional Class A retail center, built in 2021, offers 9,000 square feet of space at 9 S. Main Street (SR-91) in Munroe Falls, Ohio (44262). Located in Summit County at the signalized intersection of SR-91 and Munroe Falls Ave, this property boasts a highly visible location with easy access from neighboring communities including Tallmadge, Stow, and Cuyahoga Falls. The single-story building features five suites, with 3,900 square feet currently vacant and available for lease. Units are divisible down to 1,323 square feet, with a maximum contiguous space of 3,900 square feet. The property sits on one acre of land and is suitable for a variety of uses, including quick-service restaurants (QSR), studios, retail office space, and general retail. This is a rare opportunity to secure space in a brand-new, high-visibility retail center in a thriving Ohio market. The property's prime location and modern construction make it an ideal investment for businesses seeking high foot traffic and excellent accessibility. Contact us today to learn more about leasing opportunities.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2022
Total area
8,812 SF
Lot
0.94 ac (40,772 SF)
APN
58-02832
UPID
US66-0014357
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
-
Duck Duck Games Arcade & Gaming Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.48M
Owner & transaction history
Munroe Falls Center LLC · 5 yrs held
Munroe Falls Center LLC
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$980,000
+20.4%
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 Munroe Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Munroe 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
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
RESTAURANT
$980,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10%
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
$168 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,616
Tax year 2022
Assessed value
$189,810
Assessed 2023
Previous assessed
$189,810
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$103,580
Assessed improvement
$86,230
Land market value
$295,940
Improvement market value
$246,370
Total market value
$542,310
Applied tax rate
58.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
2022
Heating
FORCED AIR
Units
5
Total area
8,812 SF
Lot
0.94 ac (40,772 SF)
APN
58-02832
UPID
US66-0014357
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
RESTAURANT
Est. value
$980,000
RESTAURANT
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
2022
Heating
FORCED AIR
Units
5
Lot
0.94 ac
Current owner
From public records · entity-resolved
Munroe Falls Center LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9 S MAIN ST, MUNROE FALLS, OH 44262-1680
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2021
—
Munroe Falls Center LLC
Munroe Falls Center LLC
Intrafamily Transfer
related
—
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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