Back to Search
Property profile & analytics
OFF-MARKET
Manufacturing properties
1360 Hird Ave Lakewood, OH 44107-3031
Entity Owned
21-yr Hold
Free & Clear
Property ID
US66-1172916
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1952
Construction
TYPE NOT SPECIFIED
Total area
2,027 SF
Lot
0.23 ac (10,162 SF)
Zoning code
C3
APN
312-33-032
UPID
US66-1172916
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
Cleveland Mica Co · 21 yrs held
Cleveland Mica Co
since 2004
3 recorded transactions
Zoning & alternative use
C3 · Lakewood, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
TheC3 General Business Districtis established to provide for commercial uses that generally require independent, freestanding buildings, larger parking areas, and may have unique traffic patterns because of such factors as drive-in facilities
Zone name
Commercial General Business
General category
COMMERCIAL
Zone area
151.68 ac
Source
Realmo
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$4,015
Tax year 2023
Assessed value
$37,070
Assessed 2023
Previous assessed
$37,070
+0.0% YoY
Effective rate
10.83%
On assessed value
Assessed land
$23,490
Assessed improvement
$13,580
Land market value
$67,100
Improvement market value
$38,800
Total market value
$105,900
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
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,027 SF
Lot
0.23 ac (10,162 SF)
Zoning code
C3
APN
312-33-032
UPID
US66-1172916
Jurisdiction
CUYAHOGA
Zoning & alternative use
C3 · Lakewood, OHZoning C3 · permitted uses
C3 · Lakewood, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
TheC3 General Business Districtis established to provide for commercial uses that generally require independent, freestanding buildings, larger parking areas, and may have unique traffic patterns because of such factors as drive-in facilities
Zone name
Commercial General Business
General category
COMMERCIAL
Zone area
151.68 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Cleveland Mica Co
Entity
Free & Clear · 21 yrs held
Mailing address
1360 HIRD AVE, LAKEWOOD, OH 44107-3031
Ownership since
2004
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
Sep 29, 2004
—
Cleveland Mica Co
Elliott & Erika LLC
Grant Deed
related
—
Sep 10, 2004
—
Cleveland Mica Co
Elliott & Erika LLC
Warranty Deed
$65,000 · Huntington National Bank
Jan 11, 2000
$275,000
Elliott & Erika LLC
Cleveland Mica Co
Grant Deed
$275,000 · Cleveland Mica Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1360 Hird Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
