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Property profile & analytics
OFF-MARKET
Estimated value
$9,845,000
Outlet malls
Warrensville Ctr Rd South Euclid, OH 44121
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-5226328
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2016
Construction
TYPE NOT SPECIFIED
Total area
87,608 SF
Lot
16.61 ac (723,701 SF)
Zoning code
C-C
APN
704-27-005
UPID
US66-5226328
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
$12.95M
Comparable Approach
Comparable
$9.66M
Blend (final)
Blend
$9.85M
Owner & transaction history
Oakwood Commons LLC · 7 yrs held
Oakwood Commons LLC
since 2019
1 recorded transaction
Zoning & alternative use
C-C · South Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.8M
+163.2%
Office building
$14.2M
+152.4%
Medical building
$9.5M
+69.5%
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 South Euclid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Euclid 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%
$14,030,000
6.5%
$12,950,000
7%
$12,025,000
Alternative Use
Use
Estimation
RESTAURANT
$14,780,000
Change: +163% · Conversion: Easy
OFFICE BUILDING
$14,170,000
Change: +152% · Conversion: Easy
MEDICAL BUILDING
$9,520,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,875,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,795,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,260,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,480,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$9.85M
Range $8.86M – $10.83M · ±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
$112 / 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
$700,668
Tax year 2023
Assessed value
$4,708,380
Assessed 2023
Previous assessed
$4,708,380
+0.0% YoY
Effective rate
14.88%
On assessed value
Assessed land
$1,810,340
Assessed improvement
$2,898,040
Land market value
$5,172,400
Improvement market value
$8,280,100
Total market value
$13,452,500
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
87,608 SF
Lot
16.61 ac (723,701 SF)
Zoning code
C-C
APN
704-27-005
UPID
US66-5226328
Jurisdiction
CUYAHOGA
Zoning & alternative use
C-C · South Euclid, OH
Zoning C-C · permitted uses
C-C · South Euclid, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Euclid. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$14.8M
OFFICE BUILDING
Est. value
$14.2M
MEDICAL BUILDING
Est. value
$9.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2016
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
16.61 ac
Current owner
From public records · entity-resolved
Oakwood Commons LLC
Entity
Mailing address
25333 CEDAR RD STE #300, CLEVELAND, OH 44124-3788
Ownership since
2019
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
Jun 11, 2019
—
Oakwood Commons LLC
Fise LLC
Trustees Deed
related
$15,750,000 · Goldman Sachs Bk USA
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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