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Property profile & analytics
OFF-MARKET
Estimated value
$9,700,000
Community centers
Williams Ave St Cleveland, OH 44120
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-3957789
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1900
Total area
7,200 SF
Lot
0.92 ac (39,897 SF)
Zoning code
SI
APN
129-17-086
UPID
US66-3957789
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
$7.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.70M
Owner & transaction history
Sh Sq LLC · 3 yrs held
Sh Sq LLC
since 2022
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
SI · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
$8,960,000
ML approach
$7,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.70M
Range $8.73M – $10.67M · ±10% · vs last sale $11.00M (Aug 8 2022)
Last sale anchor
$11.00M
Aug 8 2022
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
$1,347 / 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
$7,188
Tax year 2023
Assessed value
$84,810
Assessed 2023
Previous assessed
$84,810
+0.0% YoY
Effective rate
8.48%
On assessed value
Assessed land
$67,030
Assessed improvement
$17,780
Land market value
$191,500
Improvement market value
$50,800
Total market value
$242,300
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1900
Heating
NONE
Stories
1
Total area
7,200 SF
Lot
0.92 ac (39,897 SF)
Zoning code
SI
APN
129-17-086
UPID
US66-3957789
Jurisdiction
CUYAHOGA
Zoning & alternative use
SI · Cleveland, OH
Zoning SI · permitted uses
SI · Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Sh Sq LLC
Entity
Mailing address
11327 SHAKER BLVD STE 500W, CLEVELAND, OH 44104-3862
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
—
Sh Sq LLC
—
Deed
related
$2,000,000 · Cleveland Development Advisors INC
Aug 8, 2022
—
Sh Sq LLC
Coral Shaker Square LLC
Assignment Of Lease (leasehold Sale)
$6,000,000 · City Of Cleveland
Aug 8, 2022
$11,000,000
Sh Sq LLC
Coral Shaker Square LLC
Limited Warranty Deed
$6,000,000 · City Of Cleveland
Sep 7, 2012
—
Coral Shaker Square LLC
—
Deed Of Trust
related
$2,000,000 · Cleveland New Markets Inv Fund
Sep 28, 2004
$7,500,000
Coral Shaker Square LLC
Oreo Corp
Grant Deed
$10,500,000 · Fifth Third Bank
Mar 30, 2004
—
Oreo Corp
Centre Square Shaker 2 LLC
Grant Deed
related
—
Apr 15, 1999
$135,000
Centre Square Of Shaker 2 LLC
Brookside Development Co
Grant Deed
—
—
—
Coral Shaker Square LLC
—
Deed Of Trust
related
$12,150,000 · Silverpeak R/e Fin
—
—
Coral Shaker Square LLC
—
Deed Of Trust
related
$740,000 · Fifth Third Community Dev Corp
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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