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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Warehouses
1220 Akins Rd, Broadview Heights, OH 44147
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-5287367
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1946
Total area
7,883 SF
Lot
42.72 ac (1,860,949 SF)
APN
584-15-004
UPID
US66-5287367
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
$420k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$655k
Owner & transaction history
Salem Communications Holding C · 8 yrs held
Salem Communications Holding C
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$855,000
+112.2%
Neighborhood: shopping center
$800,000
+97.8%
Auto repair, garage
$700,000
+73.7%
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 Broadview Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broadview 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
$420,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$405,000
Current use
MEDICAL BUILDING
$855,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$700,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$655,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$585,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$83 / 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
$39,108
Tax year 2023
Assessed value
$513,490
Assessed 2023
Previous assessed
$513,490
+0.0% YoY
Effective rate
7.62%
On assessed value
Assessed land
$405,060
Assessed improvement
$108,430
Land market value
$1,157,300
Improvement market value
$309,800
Total market value
$1,467,100
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
1946
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
7,883 SF
Lot
42.72 ac (1,860,949 SF)
APN
584-15-004
UPID
US66-5287367
Jurisdiction
CUYAHOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$405,000
MEDICAL BUILDING
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$655,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$585,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1946
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
42.72 ac
Current owner
From public records · entity-resolved
Salem Communications Holding C
Entity
Free & Clear · 8 yrs held
Mailing address
4880 SANTA ROSA RD, CAMARILLO, CA 93012-5190
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2018
—
Salem Communications Holding C
Communications Holding C Salem
Quit Claim Deed
related
—
Apr 19, 2018
$45,000
Broadview Hts Senior Living Ll
Caron Broadcasting INC
Warranty Deed
related
—
Aug 22, 2014
—
Broadview Heights Senior Livin
—
Grant Deed
related
$11,840,000 · S&t Bk
Dec 27, 2013
$480,000
Broadview Heights Senior Livin
Caron Broadcasting INC
Warranty Deed
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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