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Property profile & analytics
OFF-MARKET
Estimated value
$17,100,000
Office buildings
1 Allen Bradley Dr Mayfield Heights, OH 44124-6118
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-4245816
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Construction
TYPE NOT SPECIFIED
Total area
123,966 SF
Lot
35.92 ac (1,564,710 SF)
Zoning code
U-7
APN
863-20-002
UPID
US66-4245816
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
$20.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.10M
Owner & transaction history
Etcl Rockwell Oh LLC · 6 yrs held
Etcl Rockwell Oh LLC
since 2019
7 recorded transactions
Zoning & alternative use
U-7 · Mayfield Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$20.9M
+4.3%
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 Mayfield Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mayfield Heights 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%
$22,465,000
6.5%
$20,735,000
7%
$19,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$20,050,000
Current use
RESTAURANT
$20,910,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$17.10M
Range $15.39M – $18.81M · ±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
$138 / 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
$1,050,384
Tax year 2023
Assessed value
$11,620,010
Assessed 2023
Previous assessed
$17,749,800
-34.5% YoY
Effective rate
9.04%
On assessed value
Assessed land
$3,285,910
Assessed improvement
$8,334,100
Land market value
$9,388,300
Improvement market value
$23,811,700
Total market value
$33,200,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
3
Total area
123,966 SF
Lot
35.92 ac (1,564,710 SF)
Zoning code
U-7
APN
863-20-002
UPID
US66-4245816
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-7 · Mayfield Heights, OH
Zoning U-7 · permitted uses
U-7 · Mayfield Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mayfield Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$20.1M
RESTAURANT
Est. value
$20.9M
OFFICE BUILDING Current
RESTAURANT
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
1994
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
7
Lot
35.92 ac
Current owner
From public records · entity-resolved
Etcl Rockwell Oh LLC
Entity
Mailing address
PO BOX 623, MILWAUKEE, WI 53201-0623
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
—
Etcl Rockwell Oh LLC
—
Deed
related
$480,000,000 · Bank Of America NA
Nov 12, 2019
$61,126,154
Etcl Rockwell Oh LLC
Mohr Mayfield LLC
Grant Deed
$42,000,000 · Citizens Bk NA
Feb 6, 2018
—
Mohr Mayfield LLC
—
Grant Deed
related
$39,750,000 · Frost Bk
Dec 18, 2017
$52,000,000
Mohr Mayfield LLC
Norman Rockwell Ohio LLC
Trustees Deed
$39,750,000 · Frost Bk
Jul 24, 2006
$65,400,000
Norman Rockwell Ohio LLC
Cre Rockwell Mayfield Heights
Grant Deed
—
Feb 27, 2006
$61,440,600
Cre Rockwell Mayfield Heights
Fr Allen Bradley LLC
Grant Deed
$52,700,000 · Ubs Real Estate Investment INC
Nov 18, 2005
$55,296,692
Fr Allen Bradley LLC
Rockwell Automation INC
Grant Deed
—
—
—
Fr Allen Bradley LLC
—
Deed Of Trust
related
—
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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