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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Auto shops
1291 Bagley Rd, Berea, OH 44017-2911
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0057810
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1990
Construction
TYPE NOT SPECIFIED
Total area
7,545 SF
Lot
1.84 ac (80,000 SF)
Zoning code
LI
APN
361-33-024
UPID
US66-0057810
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
-
Ohio E-Check Sustainability Organization
-
ChoicePlus Sustainability Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.09M
Owner & transaction history
Fip Master Funding I LLC · 5 yrs held
Fip Master Funding I LLC
since 2020
6 recorded transactions
Zoning & alternative use
LI · Berea, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+96.2%
Office building
$1.2M
+79.3%
Medical building
$825,000
+20.5%
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
AUTO REPAIR, GARAGE
$685,000
Current use
RESTAURANT
$1,345,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$1,230,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$825,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$705,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$144 / 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
$23,095
Tax year 2023
Assessed value
$247,450
Assessed 2023
Previous assessed
$247,450
+0.0% YoY
Effective rate
9.33%
On assessed value
Assessed land
$68,810
Assessed improvement
$178,640
Land market value
$196,600
Improvement market value
$510,400
Total market value
$707,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
RADIANT
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
7,545 SF
Lot
1.84 ac (80,000 SF)
Zoning code
LI
APN
361-33-024
UPID
US66-0057810
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
AUTO REPAIR, GARAGE Current
Est. value
$685,000
RESTAURANT
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$705,000
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1990
Construction
TYPE NOT SPECIFIED
Heating
RADIANT
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Fip Master Funding I LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2425 E CAMELBACK RD STE #750, PHOENIX, AZ 85016-4261
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
May 10, 2021
—
Fip Master Funding I LLC
—
Deed
related
$100,000 · Citibank NA
Dec 9, 2020
$744,190
Fip Master Funding I LLC
Envirotest Systems Corp
Grant Deed
related
—
Nov 12, 2010
—
Envirotest Systems Corp
—
Deed Of Trust
related
$28,500,000 · Us Bank NA
Sep 8, 2009
—
Evirotest Systems Corp
—
Deed Of Trust
related
$162,000,000 · Us Bank NA
Dec 11, 2007
—
Envirotest Systems Corp
Keating Oh Dev
Grant Deed
related
—
Jan 20, 2006
$600,361
Envirotest Systems Corp
Keating Ohio Dev
Grant Deed
—
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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