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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Office buildings
1010 Bagley Rd Berea, OH 44017-2906
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US66-2110463
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
TYPE NOT SPECIFIED
Total area
41,131 SF
Lot
6.08 ac (264,845 SF)
Zoning code
LI
APN
361-30-002
UPID
US66-2110463
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
Current use
Occupant on record · Public records
-
King Engineering Industrial Manufacturer Production Facility
-
NOSHOK, Inc. (Bike/Boat/Book/etc) Store
-
Cloverdale Equipment Co. Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.70M
Blend (final)
Blend
$4.29M
Owner & transaction history
Cole Investments LLC · 26 yrs held
Cole Investments LLC
since 2000
7 recorded transactions
Zoning & alternative use
LI · Berea, 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 Berea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berea 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,710,000
Current use
Blend value · Realmo final
$4.29M
Range $3.86M – $4.71M · ±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
$104 / 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
$107,797
Tax year 2023
Assessed value
$1,155,000
Assessed 2023
Previous assessed
$1,513,960
-23.7% YoY
Effective rate
9.33%
On assessed value
Assessed land
$191,520
Assessed improvement
$963,480
Land market value
$547,200
Improvement market value
$2,752,800
Total market value
$3,300,000
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
1999
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
9
Total area
41,131 SF
Lot
6.08 ac (264,845 SF)
Zoning code
LI
APN
361-30-002
UPID
US66-2110463
Jurisdiction
CUYAHOGA
Zoning & alternative use
LI · Berea, OH
Zoning LI · permitted uses
LI · Berea, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berea. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.7M
OFFICE BUILDING Current
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
1999
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
9
Lot
6.08 ac
Current owner
From public records · entity-resolved
Cole Investments LLC
Entity
Mailing address
1010 W BAGLEY RD, BEREA, OH 44017-2906
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
—
Cole Investments LLC
—
Deed
related
$2,314,361 · Columbia State Bank
Nov 19, 2020
—
Cole Investments LLC
—
Deed
related
$3,200,000 · Westfield Bk Fsb
Sep 10, 2019
—
Cole Invs
—
Deed
related
$4,000,000 · Westfield Bk Fsb
Jun 30, 2016
—
Cole Invs
—
Deed
related
$3,200,000 · Westfield Bk Fsb
Dec 30, 2010
—
Cole Investments LLC
—
Deed Of Trust
related
$3,000,000 · Lorain National Bank
Jul 20, 2000
—
Cole Investments LLC
Cole,james B & Danielle
Quit Claim Deed
related
$3,825,000 · Safeco Life Insurance Co
—
—
Cole Investments LLC
—
Deed Of Trust
related
$4,500,000 · Tristate Capital Bank
—
—
Cole Investments LLC
—
Deed Of Trust
related
$933,610 · Lorain National Bank
—
—
Cole Invs
—
Loan Modification
related
$4,000,000 · Westfield Bk Fsb
—
—
Cole Invs
—
Deed Of Trust
related
$3,500,000 · Westfield Bk Fsb
—
—
Cole Investments LLC
—
Loan Modification
related
$3,570,350 · Lorain Nat'l Bk
—
—
Cole Invs
—
Deed Of Trust
related
$3,200,000 · Westfield Bk Fsb
—
—
Cole Invs
—
Deed Of Trust
related
$800,000 · Westfield Bk Fsb
—
—
Cole Investments LLC
—
Loan Modification
related
$3,200,000 · Westfield Bk Fsb
—
—
Cole Investments LLC
—
Loan Modification
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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