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    Property profile & analytics

    5125 Northfield Rd Bedford Heights, OH 44146

    • Commercial land
    • 992 SF
    • 0.62 lot acres
    For Lease
    View listing
    $0.67 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US66-1424416
    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

    • Commercial land

    Property Details for 5125 Northfield Rd

    Year built
    1991
    Lot size
    0.62 lot acres
    Property size
    992 SF
    Zone code
    B-3
    Property type
    Commercial land
    APN
    791-08-058
    APU
    79108058

    Description

    This 0.62-acre commercial land parcel, located at 5125 Northfield Rd, Bedford Heights, OH 44146, offers a prime opportunity for ground lease or build-to-suit development. Zoned commercial, this 27,007 square foot lot is ideally suited for office or retail space. Plans allow for a 3,000 square foot building with ample parking. The property boasts excellent visibility and accessibility, situated on busy Northfield Road with convenient access to Interstates 480 and 271. Its strategic location is just one mile from Randall Park Mall, adjacent to a McDonald's, and surrounded by residential areas and nearby industrial parks. The annual real estate taxes are $4,880 ($407 monthly). The annual lease rate is $22,880 ($1,906.67 monthly). Cuyahoga County. Cross street: Norton Rd.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bedford Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5269
    Latitude
    41.4209
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH 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
    $5,418
    $52,120
    $0.00
    $52,120
    -
    $148,900
    $0.00
    $148,900

    Comparable in this City

    • Value Estimation by Request
      12.55 Acres

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    • Value Estimation by Request
      1.43 Acres

      Northfield Rd

      VACANT COMMERCIAL LAND • 1.43 Acres
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    • Value Estimation by Request
      0.29 Acres

      Northfield Rd

      VACANT COMMERCIAL LAND • 0.29 Acres
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    • Value Estimation by Request
      1.29 Acres

      Northfield Rd

      VACANT COMMERCIAL LAND • 1.29 Acres
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    • Value Estimation by Request
      0.18 Acres

      Broadway Ave

      VACANT COMMERCIAL LAND • 0.18 Acres
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    • Value Estimation by Request
      0.52 Acres

      Broadway Ave

      VACANT COMMERCIAL LAND • 0.52 Acres
      Broadway Ave, Bedford, OH 44146
      View Details

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    Similar Nearby for Lease

    • $0.67 SF/Yr
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      Bedford Heights Commercial Land

      0.62-acre commercial land for lease.
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    • Contact for pricing
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      25,203 SF

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    Bedford Heights, OH 44146
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    Realmo Value Estimation

    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.

    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
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