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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office buildings
9601 Granger Rd Garfield Heights, OH 44125-5350
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0958195
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
TYPE NOT SPECIFIED
Total area
8,678 SF
Lot
2.01 ac (87,338 SF)
Zoning code
U-11B
APN
542-18-024
UPID
US66-0958195
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$942k
Blend (final)
Blend
$1.47M
Owner & transaction history
9601 Polar Star LLC · 3 yrs held
9601 Polar Star LLC
since 2022
7 recorded transactions
Zoning & alternative use
U-11B · Garfield Heights, 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 Garfield Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garfield Heights 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
$920,000
CAP Approach
CAP Return
Estimation
6%
$2,100,000
6.5%
$1,940,000
7%
$1,800,000
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$169 / 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
$52,391
Tax year 2023
Assessed value
$455,000
Assessed 2023
Previous assessed
$381,150
+19.4% YoY
Effective rate
11.51%
On assessed value
Assessed land
$38,220
Assessed improvement
$416,780
Land market value
$109,200
Improvement market value
$1,190,800
Total market value
$1,300,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1961
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,678 SF
Lot
2.01 ac (87,338 SF)
Zoning code
U-11B
APN
542-18-024
UPID
US66-0958195
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-11B · Garfield Heights, OH
Zoning U-11B · permitted uses
U-11B · Garfield Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garfield Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.01 ac
Current owner
From public records · entity-resolved
9601 Polar Star LLC
Entity
Mailing address
PO BOX 192, BABBITT, MN 55706-0192
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
—
9601 Polar Star LLC
Jtl Granger 9601 LLC
Warranty Deed
$1,800,000 · Key Community Bank
Mar 8, 2021
$1,300,000
Jtl Grancer 9601 LLC
Premier Forbes LLC
Warranty Deed
$1,300,000 · Peoples Bank
Jun 30, 2015
$1,000,000
Premier Forbes LLC
Decker Real Estate Holdings Ll
Grant Deed
—
Dec 27, 2012
$1,000,000
Decker R/e Holdings LLC
Jv Realty INC
Warranty Deed
related
$2,026,100 · Home Loan Investment Bank
—
—
J V Realty INC
—
Deed Of Trust
related
—
—
—
J V Realty INC
—
Deed Of Trust
related
$500,000 · Firstmerit Bank NA
—
—
Premier Forbes LLC
—
Deed Of Trust
related
$800,000 · Northwest Svgs Bk
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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