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Property profile & analytics
FOR LEASE
Manufacturing properties
1453 East 328Th St Eastlake, OH 44095
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-1274935
For Lease
1 / 6
$2,650/Mo
1453 East 328Th St, Eastlake, OH 44095
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
3,216 SF
Lot
0.53 ac (23,200 SF)
Zoning code
MFAM
APN
34-A-006-B-00-062-0
UPID
US66-1274935
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
East 328th LLC · 3 yrs held
East 328th LLC
since 2022
Last sale
$390,000
4 recorded transactions
Zoning & alternative use
MFAM · Eastlake, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Eastlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastlake 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
$6,483
Tax year 2023
Assessed value
$77,840
Assessed 2023
Previous assessed
$77,840
+0.0% YoY
Effective rate
8.33%
On assessed value
Assessed land
$16,240
Assessed improvement
$61,600
Land market value
$46,400
Improvement market value
$175,990
Total market value
$222,390
Applied tax rate
34.0000
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
For Lease
Year built
1970
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,216 SF
Lot
0.53 ac (23,200 SF)
Zoning code
MFAM
APN
34-A-006-B-00-062-0
UPID
US66-1274935
Jurisdiction
LAKE
Zoning & alternative use
MFAM · Eastlake, OHZoning MFAM · permitted uses
MFAM · Eastlake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
East 328th LLC
Entity
Free & Clear · 3 yrs held
Mailing address
8901 TYLER BLVD, MENTOR, OH 44060-2184
Ownership since
2022
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
May 10, 2023
—
East 328th LLC
—
Deed
related
$600,000 · Civista Bank
Sep 8, 2022
$390,000
East 328th LLC
Daniel J Novak
Warranty Deed
—
Feb 16, 2006
$75,000
Daniel J Novak
Gnb LLC
Warranty Deed
—
Aug 1, 2001
—
Gnb LLC
Ranger Co
Grant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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