Financial
Distress signals
Property profile

641 Richmond Rd Richmond Heights, OH 44143

OFF-MARKET
Other warehouses
Property ID
US66-1003828
164,864 SF 2.93 ac lot Built 1998
Last sale Dec 2017 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Belle Oaks Marketplace is a planned mixed-use, pedestrian-oriented development consisting of 791 residential apartment units and approximately 315,000 square feet of retail space, intended to support a walkable live-work-play environment with retailers, restaurants, and daily-needs services. The project includes ground lease outparcel opportunities along Wilson Mills Road with parcels sized at approximately 0.97 acres (Outparcel 15), 1.02 acres (Outparcel 16), 1.07 acres (Outparcel 17), and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$126k
Tax billed · 2023
Assessed value$1.11M
Assessed land$179k
Assessed improvement$936k
Effective rate11.32%

Value estimate

· Sep 2026
$740k
$666k – $814k
AI approach$1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$25 – $86

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
District serve the needs of both convenience and comparison shoppers from a geographical area extending beyond the adjacent residential a...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.8
Building Supply14.0
Wholesale Shop12.8

Location

641 Richmond Rd Richmond Heights, OH 44143-2915
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1500 Brush, Euclid, OH 44143-1000 $2,116,100 Feb 2024 6,595 SF
1 Merit, Richmond Heights, OH 44143-1457 $10,400,000 Mar 2022 143,650 SF
839 Som Ctr, Mayfield, OH 44143-3593 $250,000 Apr 2020 3,072 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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