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Property profile & analytics
OFF-MARKET
Manufacturing properties
127 Northfield Rd Bedford, OH 44146-4606
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-0207982
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1952
Construction
WOOD
Total area
3,224 SF
Lot
0.19 ac (8,319 SF)
Zoning code
B-2
APN
814-15-007
UPID
US66-0207982
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jlt 127 LLC · 2 yrs held
Jlt 127 LLC
since 2023
Last sale
$190,000
3 recorded transactions
Zoning & alternative use
B-2 · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
MENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Districts CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industria…
Zone name
General Business District
General category
COMMERCIAL
Zone area
80.75 ac
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,869
Tax year 2023
Assessed value
$36,790
Assessed 2023
Previous assessed
$36,790
+0.0% YoY
Effective rate
10.52%
On assessed value
Assessed land
$9,630
Assessed improvement
$27,160
Land market value
$27,500
Improvement market value
$77,600
Total market value
$105,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
3,224 SF
Lot
0.19 ac (8,319 SF)
Zoning code
B-2
APN
814-15-007
UPID
US66-0207982
Jurisdiction
CUYAHOGA
Zoning & alternative use
B-2 · Bedford, OHZoning B-2 · permitted uses
B-2 · Bedford, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
MENTS. CHAPTER 1929 R-3 One to Six-Family Residence Districts CHAPTER 1931 R-4 Multi-Family Residence Districts CHAPTER 1933 B-P Professional Office District CHAPTER 1935 B-1 Local Retail Business Districts CHAPTER 1937 B-2 General Business Districts CHAPTER 1938 B-2A Automotive Business District CHAPTER 1939 M-U Mixed Use District CHAPTER 1941 I-1 Industrial Districts CHAPTER 1942 I-2 Industrial Districts CHAPTER 1943 H-1 Historical Overl
Zone name
General Business District
General category
COMMERCIAL
Zone area
80.75 ac
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jlt 127 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
105 SKYLINE DR, MORELAND HILLS, OH 44022-2431
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
$190,000
Jlt 127 LLC
Ops Properties LLC
Warranty Deed
—
Oct 12, 2022
$97,500
Ops Properties LLC
Mark Graeter
Warranty Deed
—
Oct 17, 2002
$60,000
Mark Graeter
P & R Management Co
Grant Deed
$51,000 · National City Bank
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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