Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Clearview Clearview, OH

    • Medical offices
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-3367474
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details

    Lot size
    0.36 lot acres
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    46-312222
    APU
    46312222

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clearview Clearview
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.8495
    Latitude
    41.2958
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $340
    $5,220
    $0.00
    $5,220
    -
    $14,900
    $0.00
    $14,900

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      N

      MEDICAL BUILDING • 0.13 Acres
      N, Main, OH
      View Details
    • Value Estimation by Request
      0.09 Acres

      Lexington Ave, OH

      MEDICAL BUILDING • 0.09 Acres
      Lexington Ave, OH
      View Details
    • Value Estimation by Request
      0.04 Acres

      Nn

      MEDICAL BUILDING • 0.04 Acres
      Nn, Ave, OH
      View Details
    • Value Estimation by Request
      0.14 Acres

      Parmelee Ave, OH

      MEDICAL BUILDING • 0.14 Acres
      Parmelee Ave, OH
      View Details
    • Value Estimation
      $640,000
      0.09 Acres

      Oak Knl, OH

      MEDICAL BUILDING • 0.09 Acres
      Oak Knl, OH
      View Details
    • Value Estimation
      $245,000
      12,801 SF

      Eastland Rear

      MEDICAL BUILDING • 12,801 SF
      Eastland Rear, Rear, OH
      View Details

    Similar Nearby for Sale

    • $1,846,875
      4,925 SF

      Medical Office Investment Opportunity

      NNN leased medical office building with long-term tenant.
      7600 Affinity Pl, Cincinnati, OH
      View Details
    • $1,800,000
      7,500 SF

      Surgical Center and Medical Offices

      Surgical center and medical offices with multiple exam rooms.
      9002 Mentor Ave, Mentor, OH
      View Details
    • $3,100,000
      9,042 SF

      Medical Office Building For Sale

      Fully leased medical office building with expansion potential.
      5300 Nike Rd, Hilliard, OH
      View Details
    • $599,900
      3,680 SF

      Retail Property in Uptown Gallipolis

      Two structures in high-traffic retail district near Ohio River.
      10 Old Airport Rd, Gallipolis, OH
      View Details
    • $75,000
      1,500 SF

      Phillipsburg Medical Office Building For Sale

      Medical office building with seven patient rooms and ample parking.
      201 N Ludlow St, Phillipsburg, OH
      View Details
    • $15,000,000
      130,000 SF

      Enterprise Place Office and Medical

      130,000 SF office and medical building in Beachwood, Ohio.
      3333 Enterprise Pl, Beachwood, OH
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,500 SF

      Modern Retail/Office/Medical Space Available

      Two-story building with modern amenities, parking, and flexible layout.
      147 W Olentangy St, Powell, OH
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail/Medical Space in Mentor

      1,400 SF unit suitable for retail, medical, or office.
      9179 Mentor Ave, Mentor, OH
      View Details
    • Contact for pricing
      6,000 SF

      Freestanding Medical Building For Lease

      6,000 SF medical building with ample parking in Parma Heights.
      6700 Pearl Rd, Parma Heights, OH
      View Details
    • $13 SF/Yr
      1,200 SF

      High-Traffic Office Space Available

      Office space in high-traffic location suitable for various businesses.
      1233 Ohio 60, Zanesville, OH
      View Details
    • Contact for pricing
      1,512 SF

      Shaker Heights Retail/Office Space

      1,512 SF available in Shaker Heights retail corridor.
      16808 Chagrin Blvd, Shaker Heights, OH
      View Details
    • $13 SF/Yr
      2,702 SF

      Turnkey Medical Office Building

      Corner lot medical office building with dedicated parking.
      603 N State St, Girard, OH
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Clearview Clearview, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.