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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Warehouses
1215 Vly Belt Rd, Brooklyn Heights, OH 44131-1445
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2250914
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
TYPE NOT SPECIFIED
Total area
53,092 SF
Lot
2.79 ac (121,532 SF)
Zoning code
LI
APN
531-13-013
UPID
US66-2250914
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$990k
Owner & transaction history
1215 Valley Belt LLC · 4 yrs held
1215 Valley Belt LLC
since 2022
6 recorded transactions
Zoning & alternative use
LI · Brooklyn Heights, 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 Brooklyn Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn 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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$19 / 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
$33,821
Tax year 2023
Assessed value
$560,000
Assessed 2023
Previous assessed
$653,280
-14.3% YoY
Effective rate
6.04%
On assessed value
Assessed land
$60,130
Assessed improvement
$499,870
Land market value
$171,800
Improvement market value
$1,428,200
Total market value
$1,600,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
53,092 SF
Lot
2.79 ac (121,532 SF)
Zoning code
LI
APN
531-13-013
UPID
US66-2250914
Jurisdiction
CUYAHOGA
Zoning & alternative use
LI · Brooklyn Heights, OH
Zoning LI · permitted uses
LI · Brooklyn Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brooklyn Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.79 ac
Current owner
From public records · entity-resolved
1215 Valley Belt LLC
Entity
Mailing address
1215 VLY BELT RD, BROOKLYN HEIGHTS, OH 44131-1445
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
—
1215 Valley Belt LLC
Banner Glt LLC
Limited Warranty Deed
—
Oct 29, 2021
$1,600,000
Banner Glt LLC
Aurora Road Company Investments II
Limited Warranty Deed
—
Sep 29, 2016
—
32000 Aurora Road Co Invs II L
—
Deed
related
$10,552,674 · Huntington Nat'l Bk
May 4, 1998
$21,000
Aurora Road Investment 1 32000
Blue Coral INC
Grant Deed
—
—
—
32000 Aurora Road Co Inv 11 Ld
—
Deed Of Trust
related
$1,600,000 · Pw Real Estate Investments INC
—
—
32000 Aurora Road Co Invs II L
—
Loan Modification
related
$10,552,674 · Huntington Nat'l Bk
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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