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Property profile & analytics
FOR LEASE
Strip malls
9177 Chillicothe Rd Kirtland, OH 44094
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-0135822
For Lease
1 / 19
$11 SF/Yr
9177 Chillicothe Rd, Kirtland, OH 44094
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Total area
1,370 SF
Lot
2.93 ac (127,761 SF)
Zoning code
B-2
APN
20-A-006-F-00-001-0
UPID
US66-0135822
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
Standard Insurance Company · 4 yrs held
Standard Insurance Company
since 2022
6 recorded transactions
Zoning & alternative use
B-2 · Willoughby, OH
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 Kirtland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirtland 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
$30,600
Tax year 2023
Assessed value
$314,390
Assessed 2023
Previous assessed
$314,390
+0.0% YoY
Effective rate
9.73%
On assessed value
Assessed land
$77,150
Assessed improvement
$237,240
Land market value
$220,430
Improvement market value
$677,840
Total market value
$898,270
Applied tax rate
20.0000
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
For Lease
Year built
1967
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
1,370 SF
Lot
2.93 ac (127,761 SF)
Zoning code
B-2
APN
20-A-006-F-00-001-0
UPID
US66-0135822
Jurisdiction
LAKE
Zoning & alternative use
B-2 · Willoughby, OHZoning B-2 · permitted uses
B-2 · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
1131.02 USE REGULATIONS.
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
2.93 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Free & Clear · 4 yrs held
Mailing address
15715 STILLWELL RD, HUNTSBURG, OH 44046-9760
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
—
Standard Insurance Company
9177 Chillicothe Rd LLC
Assignment Of Lease (leasehold Sale)
—
Jan 30, 2020
—
Kirtland Center LLC
Kirtland Center LLC
Quit Claim Deed
related
—
Jan 30, 2020
$3,250
Tce Kirtland Barn LLC
Kirtland Center LLC
Grant Deed
—
May 1, 2008
—
M2klb Holdco LLC
Kirtland Center LLC
Quit Claim Deed
related
—
Jan 31, 2005
$1,250,000
Kirtland Center LLC
Kirtland Shopping Center Ltd
Warranty Deed
$1,000,000 · National City Bank
Jan 5, 2005
—
Judith R Lutes
Rogers,kathryn M
Affidavit Of Death
—
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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