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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Specialty properties
1414 Lander Rd Mayfield Heights, OH 44124
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US66-4473067
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1995
Total area
9,360 SF
Lot
6.41 ac (279,394 SF)
Zoning code
U-1(1)
APN
861-09-017
UPID
US66-4473067
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
$1.18M
Blend (final)
Blend
$1.27M
Owner & transaction history
Cornerstone Cmnty Evangelical · 17 yrs held
Cornerstone Cmnty Evangelical
since 2009
5 recorded transactions
Zoning & alternative use
U-1(1) · Mayfield Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+136.3%
Office building
$1.5M
+126.6%
Medical building
$1.0M
+52.2%
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 Mayfield Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mayfield 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,580,000
Change: +136% · Conversion: Difficult
OFFICE BUILDING
$1,515,000
Change: +127% · Conversion: Difficult
MEDICAL BUILDING
$1,015,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$950,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$775,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$135 / 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
$425
Tax year 2023
Assessed value
$589,680
Assessed 2023
Previous assessed
$589,680
+0.0% YoY
Effective rate
0.07%
On assessed value
Assessed land
$159,950
Assessed improvement
$429,730
Land market value
$457,000
Improvement market value
$1,227,800
Total market value
$1,684,800
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
5
Bathrooms
2
Total area
9,360 SF
Lot
6.41 ac (279,394 SF)
Zoning code
U-1(1)
APN
861-09-017
UPID
US66-4473067
Jurisdiction
CUYAHOGA
Zoning & alternative use
U-1(1) · Mayfield Heights, OH
Zoning U-1(1) · permitted uses
U-1(1) · Mayfield Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mayfield Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$775,000
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
5
Bathrooms
2
Lot
6.41 ac
Current owner
From public records · entity-resolved
Cornerstone Cmnty Evangelical
Individual
Mailing address
1400 LANDER RD, MAYFIELD HTS, OH 44124-1608
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2009
$150,000
Cornerstone Cmnty Evangelical
Merrill Lynch 2007-2
Grant Deed
$75,000 · Christian Investors Foundation
Jan 30, 2009
$240,000
Merrill Lynch Series 2007-2
Sheriff Of Cuyahoga County
Trustees Deed
related
—
Mar 5, 2007
$500,000
Bharat Patel
April Management Ltd
Grant Deed
$500,000 · First Franklin Financial Corp
Jan 16, 2002
$85,000
April Management Ltd
Russell,william G
Grant Deed
—
Jul 8, 1998
—
William G Russell
Russell,robert J
Quit Claim Deed
related
$128,400 · Residential Money Centers INC
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
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